FCM Bank Malta Taps DXC Technology and Temenos Platform for Core Banking System Modernization
LONDON, Aug. 30, 2022 |PRNewswire| -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, has partnered with solution provider Temenos (SIX: TEMN), to lead the digital transformation of critical IT architecture for FCM Bank, one of Malta''s leading providers of savings and fixed-term deposit products. Drawing on DXC''s expertise in banking and capital markets, and industry leading software from Temenos, FCM Bank has replaced its legacy core banking system with a modern digital platform to support its growth strategy. The new system went live in June 2022, with DXC supporting the migration of FCM Bank''s apps, offerings and customers from the legacy systems to the new Temenos platform. By moving to the new open and agile platform, FCM Bank will benefit from improved protection from cyber security threats, faster time to market for new products and services, and an overall improvement in efficiency. The Temenos platform also provides functionality for transaction processing, payments, financial crime mitigation and data analytics.
FCM Bank Malta Taps DXC Technology and Temenos Platform for Core Banking System Modernization
LONDON, Aug. 30, 2022 |PRNewswire| -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, has partnered with solution provider Temenos (SIX: TEMN), to lead the digital transformation of critical IT architecture for FCM Bank, one of Malta''s leading providers of savings and fixed-term deposit products. Drawing on DXC''s expertise in banking and capital markets, and industry leading software from Temenos, FCM Bank has replaced its legacy core banking system with a modern digital platform to support its growth strategy. The new system went live in June 2022, with DXC supporting the migration of FCM Bank''s apps, offerings and customers from the legacy systems to the new Temenos platform. By moving to the new open and agile platform, FCM Bank will benefit from improved protection from cyber security threats, faster time to market for new products and services, and an overall improvement in efficiency. The Temenos platform also provides functionality for transaction processing, payments, financial crime mitigation and data analytics.