Autosoft claimed that the first three banks were all live. Royal Express Bank also opted for Auto banker in 2013 and was apparently live by mid-2014.
Another bank to make a selection in 2013 was Regent
African Bank, opting for the Trust Bank system of Indian supplier, Trust Systems & Software. The bank did not issue an RFP but claimed, in August, to have gone live after a two-and- a- half week project, with a first phase vanilla deployment of the solution. As the warring factions continued their hostilities during 2014 and the US threatened sanctions, so things went quiet again in South Sudan.
In Sudan, Path Solutions won four deals spread across 2007,
2008 and 2009. More recent deals have come from this supplier’s regional rivals, ICSFS in 2011 at Agricultural Bank of Sudan, and ITS, with Al-Jazeera Bank in 2011 and National Bank of Egypt in 2012. Before this, 3i Infotech had a win in 2009 at Bank of Khartoum and Temenos gained Farmers Commercial Bank in 2008.
Path won two more deals in Sudan in 2013, at First
Investment Bank and Irada, a microfinance organisation majority owned by the Bank of Khartoum. Temenos had one win, at Export Development Bank. And ICSFS won Omdurman National Bank. In other words, Sudan was a relatively active market during 2013. Path also won the only deal in the country in 2014, at Sudanese Egyptian Bank. In 2015 , Path solutions further consolidated the position in Sundan as a lead system provider with win from The Arab leasing company ltd. The Islamic banking system provider scored another deal in 2016. Turkish supplier, ITS, was the other gainer during the year with an Islamic core banking installation.
Tanzania
There is a sizeable Flexcube user base in the country but there have been fairly slim pickings for outside suppliers in recent years. This is despite a reasonably active and stable banking sector. Four new entrantsin 2011 took the total of banks in the country to 45. The three largest are FBME Bank, CRDB and National Microfinance Bank (in that order), accounting for just under half of all assets. Most of the others in the top ten are foreign banks, from elsewhere in Africa or beyond (Standard Chartered, Stanbic/Standard Bank, Citi, Barclays).
One of the three largest, CRDB, saw a high-profile deal in
2008 when it signed as one of the first two takers for Misys’ new Java-based core banking system, Bank fusion, to replace the same supplier’s old Bank master. It has been difficult to gauge how this project has fared, with a change of project head and no one willing to talk to IBS from the bank.
French supplier, SAB, hada breakthrough in 2012 at mid- 80
tier bank, Twiga Bancorp, replacing the I-flex Solutions- derived Microbanker, while Oracle FSS picked up Amana Bank the previous year.
India-based Trust Systems & Software gained Meru
Community Bank in mid-2011 and this went live in November. It had five branches with 75,000 accounts. The bank had begun operations a couple of years earlier, with mainly manual processes. Infrasoft and some local suppliers also bid for the contract. Neptune has also had a small number of low-end wins over the years. Oracle FSS gained the one deal in 2014, to support the operations of China Commercial Bank. Potentially heading off Flexcube is Azania Bank Ltd, a small commercial bank which commenced a selection in the latter part of 2014. It has had Flexcube since 2007. 2015 also saw Misys open account in Tanzania with 1 win for Fusion Capital Kondor. In 2016, Trust System consolidated its position with two wins for its Trustbank CBS system. The other deal reported during the year was won by ICS Financial System.
Tunisia
Not surprisingly, the country has been a traditional stomping ground of the French suppliers and they tend to have development centres here.
A bank with a clear Tunisian connection (but based in
France), Tunisian Foreign Bank (TF Bank), signed to take Temenos’ T24 in 2010. It targets Tunisian expatsand the decision was notable as it was the first customer of Viveo to sign to move to T24 after the French vendor was acquired by Temenos at the end of 2009.
In Tunisia itself, there was a single deal in 2011, for Delta
Informatique/Sopra Banking Software at Bank Tuniso- Koweitienne, and there was also a solitary deal in 2012, at Banque Tuniso-Libyenne, for Temenos with T24.
In 2013, Misys’ Bankfusion Equation was taken by Tunisian Qatari Bank (now QNB Tunisia), a local subsidiary of Qatar National Bank (QNB). QNB Tunisia has 19 branches and employs around 200 staff. QNB is a long-standing user of Misys’ software and was seeking to standardise on a group
platform.It planned a centralised implementation, subject to the approval of the Tunisian authorities.
Tun is International Bank, partof Kuwait-based Burgan
Bank, has been implementing ICSFS’s ICS Bank score system, as part of the group’s standardisation on this platform. Go- live was planned for Q2 2014 and there was also a plan to implement Trade Innovation, Misys’ trade finance system, in due course. The solutions are provided as a service from QNB’s head office in Doha. Temenos scored another win in 2016 with microfinance institution Enda Inter Arabe.
Market Dynamics Report 2017 |
www.ibsintelligence.com
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