ITSS Global is proud to announce that HengHe (Cambodia) Commercial Bank Plc. went live with the Temenos T24 Transact R20
Geneva, May 14, 2021 – ITSS Global is proud to announce that HengHe (Cambodia) Commercial Bank Plc. went live on March 7th, 2021, with the Temenos T24 Transact Release 20, in Cambodia.
The main objective of this green field implementation project was primarily to enable HengeHe Bank become a market disruptor. ITSS leadership and services during the seven-month project implementation support the bank’s aggressive expansion plans to reach the digitally minded millennial market segment. With the adoption of the trend-setting Temenos technology available in R20, HengeHe Bank is well positioned to be the leading technologically progressive financial services provider in Cambodia by fast tracking the adoption of digital banking services, and promoting social and economic progress in the country.
Temenos T24 Transact will serve to optimize HengHe’s operations, enabling them to deliver enhanced digital products on a much shorter timescale, thus making their offer more accessible and cost effective by significantly lowering service delivery costs.
Sivaramakrishnan Ramamoorthy, Chief Operating Officer of ITSS Global stated: “In this pleasured moment, I take this opportunity to congratulate and extend my heartfelt gratitude to the project team. Without their tenacious dedication and ability to adapt to evolving conditions and requirements, it would not have been possible to have completed the task during these special circumstances brought on by the pandemic, ensuring that the project got delivered remotely and GO-LIVE successfully”.
We also extend our congratulations to HengeHe, because after 7 months of determination and, guided by their zealous devotion to the best interest of their clients, they successfully went live in the middle of a pandemic. Therefore, we wish to extend our sincere gratitude to them and Temenos for their confidence and faith in partnering with us.