Bank of Khyber, a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, has partnered Temenos on its digital platform.
The implementation was carried out by Temenos’ Middle East implementation partner based in Pakistan, National Data Consultant.
BoK selected Temenos and NdcTech as its partners for its strategic initiatives to accelerate its digital transformation process, according to a statement by the bank.
Temenos’ and NdcTech’s expertise in Pakistan Model Bank approach “delivers pre-configured, localised functionality and best practices,” reducing the need for customisation and decreasing timescales for delivery.
Temenos’ partner, NdcTec, worked closely with BoK to deliver a hybrid onsite and remote implementation, providing expert support and consultation to ensure a “smooth implementation and successful go live for the bank despite the COVID-19 emergency.”
The bank explained that the implementation of Temenos core and digital platforms involved the integration of Bank of Khyber’s legacy systems and was concluded “after a complex migration and thousands of functional tests had been carried out on the new system.”
The bank opted for a co-existence approach and migrated first 20 branches as part of the “go live” and will complete the migration for rest of the branches by the “first half of the upcoming year.”