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Saturday, April 13, 2024

JS Bank partners with NdcTech to modernize digital banking

The collaboration with NdcTech will help JS Bank modernize its banking operations and upgrade its technology. JS Bank had chosen NdcTech for transformation based on its ability to comprehend and adapt to the local market and environment.

JS Bank, one of the fastest-growing banks in Pakistan, has modernized its Core Banking platform with renowned IT company NdcTech as the implementation partner.

The deployment is a central part of the bank’s strategy to rebuild its technology and support its future growth objectives, JS said.

Moreover, enhancing the customer experience has always been a top priority for JS Bank and Temenos open platform for composable banking enables the Bank to offer a rich integrated experience for its customers.

Temenos is an international banking software company. It offers cloud-native, cloud-agnostic, API-first digital banking, core banking, payments, fund management, and wealth management software products, enabling banks to deliver consistent, frictionless customer journeys and achieve market-leading cost/income performance.

Read more: JS Bank & AdalFi sign agreement for digital lending in Pakistan

The collaboration with NdcTech will help JS Bank modernize its banking operations and upgrade the technology stack to achieve scale. JS is now able to use an integrated architecture to support its retail, corporate, and treasury needs, creating a more flexible environment to sustain forthcoming expansions.

NdcTech’s expertise

NdcTech has capability of conducting large transformations using industry best practices, skilled expertise on Temenos products, and in-depth knowledge of accelerated methodologies and tools.

The bank shared that it was a complex project to execute, with a change at all layers of the core banking technology stack, which required extensive cycles of testing and dress rehearsals, prior to a successful cutover for going live.

Speaking on the occasion, Tauseef Ahmed, director of project delivery and customer care at NdcTech said JS Bank had chosen his company for transformation based on its ability to comprehend and adapt to the local market and environment.

Read more: JS Bank joins RDA to improve digital banking for overseas Pakistanis

Ahmed said a common value that JS Bank and NdcTech share is their focus on customer-centricity, and going beyond capabilities to deliver a premium customer experience. He was pleased to announce the successful go-live of JS Bank, enabling them to deliver digital transformation.