Chile’s third largest bank Banco de Crédito e Inversiones (BCI) has decided to adopt Temenos’ advanced technology to establish a new corporate bank in Peru. Headquartered in Switzerland, Temenos is one of the world’s leading banking software solutions. It is reported that Temenos Transact and Temenos Infinity will be deployed to build up the bank’s growth strategy. In addition, they will also focus on delivering corporate banking and trade finance services to Chilean enterprises with operations in Peru.
BCI specialises in savings and deposits, securities brokerage, asset management and insurance. Headquartered in Chile, the bank has operations in Florida. Temenos Transact will largely focus on the payments solution while Temenos Infinity is the omnichannel digital banking product.
Eduardo Nazal, Managing Director, International Strategy Development, told the media, “We selected Temenos as our strategic technology partner to support us with our growing plan in Peru. Temenos’ advanced technology, scale and international expertise made them the ideal partner. We were also impressed with the company’s strong presence in the Americas, as well as its ability to deliver fast implementations even in these times. BCI in Peru will benefit from embedded local best practices and we expect a smooth launch next year. By launching a new bank in Peru and using Temenos’ technology as our differentiator, we aspire to have a state of the art bank for corporate banking in the region.”
Temenos Transact and Temenos Infinity will help BCI to develop efficient and optimised operations and enhance customer experience in the coming months. It will also help the bank to swiftly grow its customer data base.