Guaranty Trust Bank chooses Infosys Finacle to digitise its banking capabilities

By Gloria Mathias

Infosys Finacle, part of EdgeVerve Systems and Nigeria’s Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc, has announced the selection of Finacle Digital Banking Suite for its multi-country digital transformation program.

GTBank’s decision was driven by Finacle’s solution suite’s comprehensive capabilities across retail, wealth, and corporate banking.

• Leveraging Finacle’s suite of retail and corporate banking solutions, the Bank will achieve a comprehensive transformation of its business across its home operations in Nigeria as well as in 10 other markets across Africa and Europe.
• Finacle’s cloud-native and open API-driven platform will help GTBank become a more agile and open financial institution, ready to integrate with its ecosystem partners and benefit from new-age digital possibilities.

Segun Agbaje, Group Chief Executive Officer, Guaranty Trust Holding Company Plc, said, “We are delighted to be working with Infosys Finacle to create a superior, agile, and scalable core banking system that supports our vision of delivering seamless and connected experiences across every customer touchpoint. This is the thinking behind our innovation drive and history of firsts, offering best-in-class financial services across Africa. Infosys Finacle’s digital solutions will significantly transform our operations and facilitate our push towards more innovative, responsive banking.”

Venkatramana Gosavi, Senior Vice President and Global Head of Sales, at Infosys Finacle, said, “Our collaboration with Guaranty Trust Bank is a testament to our deep commitment to helping financial institutions propel and scale their digital transformation journeys and help them navigate their future with cutting-edge technology. We are confident that our advanced solution suites will enable Guaranty Trust Bank to inspire better banking experiences for millions of customers and businesses the bank supports while strengthening its position as one of the best banks in the region.”

Infosys Finacle partners with emerging and established financial institutions to help inspire better banking. Its cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence.