Inlaks reimplements Temenos core banking system for Universal Merchant Bank


Inlaks, a leading ICT infrastructure and systems integrator in sub-Saharan Africa, has successfully completed reimplementation of the Temenos Core Banking Solution for Universal Merchant Bank (UMB).

Inlaks delivered the R22 TAFJ/Oracle19c, Temenos infinity suite, and Data Lakes and Analytics reimplementation. This innovative upgrade equips the bank with access to all the latest features available in the new release; enhancing its ability to generate up-to-date, precise and reliable financial statements for improved customer experience.

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Inlaks has effectively tackled the bank’s challenges by executing the Transact R22 TAFJ release on the T24 banking platform. The comprehensive solution encompasses system and business analysis solution design, system integration and testing, as well as dress rehearsals. Following the project Go-live phase, Inlaks will continue offering post-implementation support to ensure seamless transition and adoption of the new system.

Commenting on the project, Olufemi Muraino, Executive Director at Inlaks said: “Inlaks takes great pride in successfully executing reimplementation of the core banking solution for Universal Merchant Bank. The project is set to enhance operational efficiency, agility and ultimately deliver superior banking experiences to customers.

“Additionally, it empowers our clients’ business to scale effectively. Our overarching goal is to unlock higher levels of efficiency and value for customers, thus contributing to growth of the financial sector across sub-Saharan Africa.”

The reimplementation has yielded a significant impact on UMB’s operations, providing enhanced functionality to the user community including the integration of new modules and configuration of purchased and licenced modules. The system effectively addresses core pain points, delivering a seamless banking experience and fully capitalising on resolved issues; thereby benefitting the bank and its customers.

Inlaks has consistently built a reputation for effectively helping its clientele with new markets and service opportunities, driving effective and enhanced methods for businesses and contributing to innovation and advancement.

Inlaks is a leading systems integrator in sub-Saharan Africa, with operations in Nigeria, Ghana, East Africa and other sub-Saharan Africa regions. The company partners with leading OEMs in the technology industry to provide world-class information technology solutions that exceed its customers’ needs.

Over the years, Inlaks has built a reputation as the foremost ICT and Infrastructure Solutions Provider, helping customers effectively seize new market and service opportunities. With an impressive customer base that includes several central banks in East and West Africa – and other major customers within the region, Inlaks has become the dominant Information Technology Company in Africa.

Inlaks’ customers cut across various segments including Banking, Telecommunication, Oil/Gas, Power, Utilities and Distribution sectors of the economy.

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