Banque Atlantique migrates to Temenos T24 core banking system
Banque Atlantique, an African banking group with operations across eight countries and HQ in Togo, has gone live with new core banking software – Temenos’ T24 – in its subsidiary in Ivory Coast.
The project followed an earlier deployment of T24 at Banque Atlantique in Niger.
In both cases, it replaced the legacy CapitalBanker system from another banking tech vendor, Capital Banking Solutions, FinTech Futures understands. (CapitalBanker was installed across the group.)
The implementation was carried out by the banking group’s teams, Temenos and TNA Consulting, a regional system integrator and Temenos’ partner. Banque Atlantique’s parent, Morocco’s Banque Centrale Populaire (BCP), also participated.
BCP acquired a 50% stake in Banque Atlantique in 2012 and has since increased its shareholding to 75%.
Banque Atlantique signed for the T24 core banking system in 2015, FinTech Futures understands. Meanwhile, BCP also signed for the same system a year earlier, to FinTech Futures’ knowledge.
The new solution is expected to be rolled out group-wide at Banque Atlantique, covering Benin, Burkina Faso, Cameroon, Guinea Bissau, Ivory Coast, Niger, Mali and Togo.