BNCTL and ITSS to form Strategic Partnership for Managed Service to Drive a Fundamental Transformation on the active Temenos T24 System.
ITSS Global, Geneva, Switzerland: 21st June’2021:
BNCTL has partnered with ITSS, with the focus to achieve its future potential with the depth and breadth of experience and integrity of ITSS with managed services on Temenos Transact and help extend gold-standard banking services to the people of Timor-Leste.
The project has been commenced on 16th June ’21 with formal kick-off meeting. This union is expected to provide the bank increasing clientele with shielded services. Objective of the project is to have a comprehensive assessment, Identifying the business & technical blocking issues, streamlining the existing system & provide necessary solutions & training. This will significantly improve levels of customer fulfilment while also lowering overall IT costs via higher automation and lower maintenance spending.
We are excited for been chosen as the partner of choice for Temenos offerings by BNCTL and look for a promising partnership planned for long term, with the next subsequent phase eyeing at technical upgrade.
In response to this news,
Chandomay Das CTA, BNCTL, said:
“The partnership with ITSS will be an important driver of our strategic transformation,” We congratulate and welcome ITSS. Indeed, we are confident that ITSS will show off their experience and integrity in making our business smooth. Looking forward to work with ITSS and upgrade to latest version”
“We’re excited about our strategic partnership and the opportunity for ITSS to be helpful to BNCTL and its clients as they grow their business and shape the future of the financial services industry” : Stated, Muthukumar, Regional Manager, ITSS Global. ”
Established in 2011, BNCTL is wholly owned by the State of Timor-Leste and the only Timor-Leste’s bank to the date. The bank now has 13 branches in 13 municipalities, including 7 units in Dili, the capital of Timor-Leste, 27 ATMs, more than 30 POSs, and 13 mobile banking vans enabling BNCTL to bring banking services to people living in the most rural and remote areas of Timor-Leste. BNCTL enjoys rapid and significant growth in its business and operations since its inception in 2011. BNCTL has been continuously progressing towards a fully operating commercial bank as a full-fledged financial institution by catering its services to all categories of customers, including small businesses, individuals, and microfinance customers. Advancements in technology and communications have enabled BNCTL to digitalize its services in the most effective, efficient, and secure ways. BNCTL website – https://bnctl.tl/ Country – Timor-Leste, Dili