Guaranty Trust Bank Chooses Infosys Finacle for Multi-Country Digital Transformation

In a strategic move toward advancing its digital capabilities and revolutionizing customer experiences, Guaranty Trust Bank (GTBank), a subsidiary of Guaranty Trust Holding Company in Nigeria, has announced its collaboration with Infosys Finacle, a subsidiary of EdgeVerve Systems.
Infosys Finacle at IT trade show
GTBank has chosen Finacle’s Digital Banking Suite for its multi-country digital transformation program, encompassing operations across Nigeria and ten other markets in Africa and Europe.

The decision to partner with Finacle was motivated by the suite’s established track record and comprehensive capabilities spanning retail, wealth, and corporate banking. Leveraging Finacle’s suite of retail and corporate banking solutions, GTBank aims for a thorough transformation of its operations, embracing a cloud-native and open API-driven platform to enhance agility and openness within the institution.

Segun Agbaje, Group Chief Executive Officer of Guaranty Trust Holding Company Plc, expressed confidence in the transformative potential of Infosys Finacle’s digital solutions, envisioning a significant shift in their operations and a focus on fostering innovation and responsiveness in banking services.

Venkatramana Gosavi, Senior Vice President and Global Head of Sales at Infosys Finacle, emphasized that their advanced solution suites would empower GTBank to elevate banking experiences for millions of customers and businesses while reinforcing the bank’s status as a leading financial institution in the region.

The Finacle solutions suite is expected to provide GTBank with a secure, resilient, composable, and scalable solution, meeting modernization and business growth demands efficiently and contributing to lower total operational costs through extensive digitization and automation.

The partnership underscores GTBank’s commitment to staying at the forefront of technological advancements in the banking sector and delivering enhanced services to its diverse customer base, both locally and internationally.

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