IIG Bank implements Temenos’ banking software

Temenos, the banking software company, today announced that IIG Bank, the specialist trade finance bank, has implemented the business’ software.

The bank is now using front-office solution Temenos Infinity and core banking software Temenos T24 Transact. The goal of using the programs is to enhance customer service and support.

IIG Bank is a bank from Malta established in 2010. It replaced its legacy systems with Temenos’ solutions.

Raymond Busuttil, managing director and CEO at IIG Bank, stated that the bank is “already seeing significant improvement which will enable further growth for IIG Bank.” Particularly, the software gave the bank “more flexibility to be able to tailor deposit and trade finance products to specific customer needs.”

Steen Jensen, managing director for Europe at Temenos, said, “I am delighted that this go live has been implemented successfully and that IIG Bank is already reaping the benefits.”

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