Co-operative Bank of Kenya will deploy Misys BankFusion Universal Banking solution for retail banking, trade finance and treasury functions. The bank plans to increase its product portfolio, enhance the quality of services, and expand the bank’s marketshare.
Co-operative Bank of Kenya was looking for a solution to automate the majority of the bank’s consumer, corporate and treasury operations and drive efficiencies. The technology will enable the bank to use new channels to reach more customers.
Gideon Muriuki, group managing director and chief executive officer (CEO), Co-operative Bank of Kenya, said: “With its impeccable track record in providing high-performance technology solutions, we are confident that Misys will help us achieve our growth objectives. We will now be able to introduce new products rapidly and boost our capabilities in areas such as business intelligence and automation of our trade finance and treasury operations. We will also be counting on Misys to provide the technological support needed to expand our presence across more market segments not just in Kenya, but across the region.”
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