Home Technology Guaranty Trust Bank selects Infosys Finacle for its multi-country digital banking transformation

Guaranty Trust Bank selects Infosys Finacle for its multi-country digital banking transformation

Finacle’s cloud-native and open API-driven platform will help GTBank become a more agile and open financial institution, ready to integrate with its ecosystem partners and benefit from new-age digital possibilities.

(Left to right): Erhi Obebeduo, General Manager – General Counsel/Company Secretary, Guaranty Trust Holding Company Plc ; Sriranga Sampathkumar, VP and General Manager – Middle East and Africa, Infosys ; Segun Agbaje, Group Chief Executive Officer, Guaranty Trust Holding Company Plc ; Venkatramana Gosavi, Senior Vice President and Global Head of Sales, Infosys Finacle and Majo Mathew, Business Head – Africa, Infosys Finacle at the signing ceremony at the bank headquarters, in Lagos, Nigeria.

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys and Nigeria’s Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc, announced that Guaranty Trust Bank has selected the Finacle Digital Banking Suite for its multi-country digital transformation program. GTBank’s decision was driven by Finacle’s proven track record and the solution suite’s comprehensive capabilities across retail, wealth, and corporate banking.

Segun Agbaje, Group Chief Executive Officer, Guaranty Trust Holding Company Plc, said, “We are delighted to be working with Infosys Finacle to create a superior, agile, and scalable core banking system that supports our vision of delivering seamless and connected experiences across every customer touchpoint. As an organisation, 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. Infosys Finacle’s digital solutions will significantly transform our operations and facilitate our push towards more innovative, responsive banking.”

Venkatramana Gosavi, Senior Vice President and Global Head of Sales, Infosys Finacle, said, “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.”