Banca Centrale di San Marino
Challenge
Replace a legacy core banking system with a highly automated modular suite focused on retail and private banking products and central bank services.
Solution
Complete Core Banking replacement.
Results
- Totally replaced legacy system and manual processes
- New modular and flexible solution implemented schedules/catalogs
- Lower personnel costs and high automation in banking processing (STP)
- Multi-currency product in place that allowed the transition from local to Euro zone currency and accounting practices
- Banking services received from an ASP running Transformation Banking Suite (TBS) achieves lower TCO
