IBS Journal February 2016


Who’s bought what? WHO? First Microfinance Bank Afghanistan WHAT? JMR Infotech’s integration services


Oracle partner and specialist JMR Infotech will implement a range of Oracle FSS’s solu- tions at First Microfinance Bank (FMFB) in Afghanistan. FMFB Afghanistan is one of a network of banks in the emerging markets belong- ing to the Aga Khan Development Agency. In 2014, it carried out a core system


selection together with its sister banks in Tajikistan and Pakistan, to modernise and standardise operations across the group. Oracle FSS’s Flexcube was chosen. Pakistan-based FMFB opted to partner


with a local integrator, Techlogix, in early 2015 for its Flexcube project. In Afghanistan, in addition to Flex-


cube, JMR Infotech will implement Oracle


Financial Solutions Analytical Applications (OFSAA), anti-money laundering (AML) and know your customer (KYC) solutions. ‘After our due diligence, we came to


the conclusion that JMR Infotech can pro- vide the necessary transformation in a quick and efficient manner and prepare us for the opportunities and challenges of the future,’ says Habib ur Rahman, acting CEO at FMFB Afghanistan. The new platform – part of the bank’s


‘technology driven business transforma- tion’ – is expected to enable ‘several key areas, such as new product offerings, tight compliance and cost effective operations’, he adds.


Tanya Andreasyan


Kabul, Afghanistan © Joe Burger, Wikimedia


WHO? Banco Santander Mexico WHAT? Wincor Nixdorf’s ATM services


Banco Santander © bauten.com.uy


for regular maintenance, first- and sec- ond-line maintenance and troubleshooting for all ATM units of the bank. The contract will run for three years.


Rodolfo Moreno, operations director of Banco Santander in Mexico, says that Wincor Nixdorf ‘offers outstanding service and pays particular attention to meeting the agreed service levels’, hence the bank’s choice of this vendor. Wincor Nixdorf believes that ‘it was


the two companies’ longstanding business relations that tipped the scale in Wincor Nixdorf’s favour in this case’. In addition to its own terminals, the vendor’s Probase and Terminal Security software solutions have been deployed in the competitor ATMs that the bank has in its network. In 2016, Wincor Nixdorf and Banco


Wincor Nixdorf has greatly extended its partnership with Banco Santander in Mexico, to become the bank’s number one provider of ATMs. The two parties have been working


20


together since 2005, but the latest tender has seen Wincor Nixdorf secure a deal to provide round-the-clock remote monitor ing of the bank’s network of 5,200 ATMs. Wincor Nixdorf will also be responsible


© IBS Intelligence 2016 www.ibsintelligence.com


Santander are planning to launch a joint pilot project for cash recycling systems. This is to address ‘strong demand for cash deposits from SMEs’, the vendor explains.


Tanya Andreasyan


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