Nigeria’s Guaranty Trust Bank (GTBank) sees the banking landscape driven by digital technologies, its holding company’s group CEO says, following a tech deal with Infosys Finacle.
Segun Agbaje, Guaranty Trust Holding Company Plc Group CEO, owners of GTBank, says the banking group is deepening its technology spendings to remain agile in meeting customers’ needs.
“As an organisation,” Agbaje says, “we have always held that the future of banking is digital, largely driven by technology and customers’ preference for secure, convenient, and reliable channels. This is the thinking behind our innovation drive and history of firsts, offering best-in-class financial services across Africa.”
Agbaje, dropped the hint in a statement announcing that Guaranty Trust Bank has selected the Finacle Digital Banking Suite for its multi-country digital transformation programme.
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“Infosys Finacle’s digital solutions will significantly transform our operations and facilitate our push towards more innovative, responsive banking,” Agbaje says
Under the plan, GTB hopes to leverage Finacle’s suite of retail and corporate banking solutions, to achieve a comprehensive transformation of its business across Nigeria as well as in 10 other markets across Africa and Europe.
“Our collaboration with Guaranty Trust Bank is testament to our deep commitment to helping financial institutions propel and scale their digital transformation journeys and help them navigate their future with cutting-edge technology. We are confident that our advanced solution suites will enable Guaranty Trust Bank to inspire better banking experiences for millions of customers and businesses the bank supports while strengthening its position as one of the best banks in the region,” Venkatramana Gosavi, Senior Vice President and Global Head of Sales, Infosys Finacle, says.
The Finacle solutions suite, the tech company says, will give GTBank a secure, resilient, composable, and scalable solution, to meet ongoing modernization and business growth demands easily, while ensuring a significantly lower total cost of operations due to bank-wide digitization and automation.
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