The shift to the latest version of FinnAxia addresses the increasing demand for real-time financial services and digital trade solutions. By implementing this platform, the bank gains better operational agility and a scalable architecture designed to support complex business growth. The deployment focuses on streamlining customer journeys while reducing the manual overhead typically associated with treasury management.
In section Releases
Stanbic IBTC Bank upgrades to FinnAxia 9.0 to modernize transaction services
Stanbic IBTC Bank has transitioned its transaction banking infrastructure to Nucleus Software’s FinnAxia 9.0 platform. The upgrade, which follows a decade-long partnership between the two organizations, aims to provide corporate and institutional clients with improved digital tools for liquidity management, integrated payments, and automated cash processing across the African market.
Eric Fajemisin, Executive Director of Corporate and Transaction Banking at Stanbic IBTC, noted that the investment reflects a commitment to providing businesses with greater visibility and speed. Jesuseun Fatoyinbo, Head of Transaction Banking, added that the new capabilities allow the bank to introduce services more rapidly as client needs evolve. Nucleus Software CEO Parag Bhise emphasized that the platform’s core design prioritizes automation and connectivity, enabling financial institutions to maintain high standards of efficiency in a competitive digital landscape.
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