GTBank chooses Infosys Finacle for multi-country digital transformation

Nigeria’s prominent Guaranty Trust Bank (GTBank), a subsidiary of Guaranty Trust Holding Company Plc, has opted for Infosys Finacle’s Digital Banking Suite for its expansive digital overhaul program. Infosys Finacle, operating under EdgeVerve Systems – a fully owned subsidiary of global powerhouse Infosys (NSE, BSE, NYSE: INFY) – was chosen by GTBank due to its established record and robust capabilities in retail, corporate, and wealth banking.

GTBank aims to use the Finacle suite not only to transform its central operations in Nigeria but also to revamp its business across ten other markets spanning Africa and Europe. This strategic move is geared toward making GTBank an agile, open financial institution, positioning it perfectly to collaborate with ecosystem partners and harness contemporary digital potentialities.

Infosys Finacle’s cloud-native platform, bolstered by open API, offers GTBank a reliable, adaptable, and resilient solution. This platform ensures the bank can effortlessly adapt to modernization needs and business growth, simultaneously slashing operational costs, courtesy of comprehensive digitization and automation.

GTBank selects Infosys Finacle for multi-country digital transformation. Photo courtesy of Infosys Limited.

Segun Agbaje, the Group CEO of Guaranty Trust Holding Company Plc, highlighted the bank’s enthusiasm about collaborating with Infosys Finacle. He emphasized their shared vision for providing seamless, interconnected experiences across all customer touchpoints. Agbaje stressed, “We’ve always believed the future of banking is digital, driven mainly by tech innovations and customer preferences for secure and convenient channels. Infosys Finacle’s digital offerings will radically transform our operations, backing our quest for innovative, responsive banking.”

Venkatramana Gosavi, Senior Vice President and Global Head of Sales at Infosys Finacle, expressed confidence in their alliance with GTBank. He mentioned, “Our engagement with GTBank underscores our unwavering dedication to assisting financial organizations in accelerating their digital transformation. We’re certain that our state-of-the-art solutions will enhance GTBank’s banking experiences for its vast customer base, solidifying its rank among the region’s premier banks.”