Myanmar’s Global Treasure Bank implements Infosys Finacle Core Banking solution

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Bengaluru : Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE: INFY), and Global Treasure Bank (GTB), a leading Commercial Bank in Myanmar, today announced the successful implementation of the Finacle Core Banking solution at the Bank. GTB now leverages Finacle’s proven platform to power its retail and corporate operations across163 branches across the country, engaging its customers with a truly digital banking experience and an enriched product and services portfolio.

Since the implementation, the bank has been processing an average of 300,000 mixed transactions per day. GTB is able to onboard new customers and open accounts, complete with all features enabled, within minutes. The bank has signed up close to 75,000 new accounts across different account types since go-live.  The new solution provides a 360-degree view of customer relationships and transactions, thus helping GTB achieve superior customer service and enhancing upsell and cross-sell opportunities.

 “With Finacle, GTB has gained a strong foundation to boost agility and efficiency of operations, and significantly improve customer experience across channels. We are pleased to expand our presence in Myanmar to become the preferred banking solution provider and leverage our rich experience across 100 countries, to support the Myanmar banking industry’s modernization journey” Venkatramana Gosavi, Senior Vice President & Global Head of Sales, Infosys Finacle, said.

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