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By rasheedakinshola • 13 days ago • 7 views • 0 comments

Vista Group, a challenger bank building itself into a world class pan-African financial institution specifically designed to meet the needs of retail and commercial customers, has partnered with Temenos, the banking software company, to power its digital transformation journey.

Vista Bank is transforming its IT systems using Temenos Infinity, a breakthrough digital front office and Temenos T24 Transact, the next generation in core banking. As part of these products, Vista Bank also has selected the advanced Analytics and Reporting, Risk and Compliance modules as well as the Temenos Payments Hub product.

Vista Group was established following the acquisition of First International Bank (FIB) Group in 2015 by the US based investment fund, Lilium Capital. Challenging the banking status quo, Vista Bank takes a customer-centric and innovative digital approach to meeting the needs of its clients – from members of the public to SMEs.

Simon Tiemtore, Group Chairman at Vista Bank, said: “As a challenger bank we are investing in our technology to ensure that we provide cutting edge products and services to our customers.

“I am delighted that, through our partnership with Temenos which leverages their 25 years of industry expertise, we now have the most sophisticated, innovative, cloud-native banking platform. This will help us realize our vision of building a truly pan-African financial institution group that will add value to the African economy and promote financial inclusion.

“Temenos is our trusted strategic technology partner and our customers will reap the rewards of its innovative API-first, cloud-native and cloud agnostic software.”

Femi Adeoti, Managing Director Africa Operations at Inlaks, said: “As a distributor and reseller of Temenos software in West Africa for more than 20 years, it is our delight to provide best in class digital banking solutions to Vista Bank via Temenos, the global leader in banking software. Inlaks as a company thrives on providing innovative solutions that enable our customers to adapt and stand out in the ever-evolving landscape of financial technology.”

Jean-Paul Mergeai, Managing Director Middle East & Africa at Temenos, said: “We are proud to welcome Vista Bank, an innovative and exciting challenger bank, to the Temenos family. We look forward to working as a close strategic technology partner of the bank as it realizes its goal of building a world-class pan-African financial institution group in addition to driving both economic development and financial inclusion in Africa. With Temenos’ market-leading, cloud-agnostic, cloud-agnostic technology the bank will be in an ideal position to meet their commitment of providing cutting-edge digital banking solutions, as well as innovative products and services, aimed at satisfying the unique needs of their customers. This partnership further strengthens Temenos’ longstanding presence in West Africa where for years our real-time and scalable banking software has been helping financial institutions address their evolving customer demands and regulatory requirements. We look forward to working with Vista Bank as it transforms the services that it offers to its customers.”


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