Digital platform can help the bank continue being ahead throughout Sri Lanka's competitive landscape
Seylan Banking institution, Sri Lanka's sixth largest sized bank, has selected Finastra to help grow it has the trade and put up chain investment business by means of FusionBanking Trade Technology. The bank will likely launch be sure you corporate consumer banking solution, made on FusionBanking Corporate Channels, to make its commercial clients 24×Seven visibility not to mention control over their particular financial pursuits.
Operating in Sri Lanka's fragmented and competitive commercial banking advertise, Seylan Bank is looking to enhance its edge. With industry finance being key priority for customers because of its island country's economy, the bank will be revamping its commerce capabilities just by bringing services to market and delivering an even more convenient banks experience to hurry up access to trade money for clients.
Kapila Ariyaratne, Chief Executive Officer by Seylan Bank stated, “While Sri Lanka is a comparatively contained deposit market, it is usually highly aggressive, crowded and also evolving. Distinctive ourselves in professional banking is really a way to stick ahead. The particular implementation with the flexible as well as agile products solutions offered by Finastra will enable us to move further than this previous method could truly allow – opening up new the opportunity to streamline surgical procedures and dr growth, automating supports tracking with supporting compliance together with enabling all of us to boost customer care through a particular platform.”
The Finastra technologies will bring superior connectivity to Seylan Bank's solutions, which will let faster developing on innovative new choices while decreasing its paper processes not to mention speeding up digesting times. The particular resulting design changes to work-flow productivity, as well as the ability to deliver richer, much more accessible company banking providers, will help Seylan Mortgage lender to take greater share of the market and push revenue development. The bank will deepen marriages with collaborative customers, giving them the flexibility to get into trade money from anywhere without notice.
Simon Paris, Deputy Founder at Finastra says, “Seylan Bank seeks to deliver extremely fast, relevant alternatives and better convenience towards customers. The cabability to outpace the competition by way of delivering newer customer-centric offerings to showcase via an much better experience will spot Seylan Bank facilitating its customers to take new trading opportunities all over the region. The expansion of this greatly regarded, long-term relationship while using the bank highlights Seylan Bank's extended trust in Finastra along with the capability not to mention potential of one's solutions and additionally services.”
Seylan Bank has been a Finastra (until now Misys) customer not to mention user of its core deposit solutions in excess of a decade. It is additionally upgrading it is FusionBanking Equation foundation. The switch enables your budget to take harness innovative full price banking expert services, improving business efficiency, ensuring that regulatory deference and helping Seylan Bank's improvement plans.
