Core Banking Solutions in Kenyan Banks

dufia

Village Elder
#1
Gurus, I need to know the core banking softwares used by majority of the Kenyan banks. Anyone anaeza kuwa anafahamu, kindly share
 

Cypher254

Village Elder
#7
its a cocktail and no one can tell you whats the major system being used by banks. Depends on the size and the monies the bank was/is will to fork for a CBS. Better yet you can group them in terms of the tier systems that the CBK has categorized them in.
KCB - T24 (Terminos)
Equity - Finacle v10
etc.
 

wakandeba

Village Elder
#9
The various systems in use are as follows:
1. Temenos 24 (market leader) used by the biggest bank amongst others and latest acquirer being Unaitas. Current stable version is 16
2. Finnacle (second market leader) used by mwiguithania and others (esp indian backed banks)
3. BankMaster (An old file based system but secure - Stanbic)
4. Bankers Realm - from craft silicon (Unaitas moved from it to T24)
5. Fusion Banking (BFUB) - National bank
6. Ecletics eBank System - for saccos

Number 4 and 6 are locally supplied
 

dufia

Village Elder
#10
its a cocktail and no one can tell you whats the major system being used by banks. Depends on the size and the monies the bank was/is will to fork for a CBS. Better yet you can group them in terms of the tier systems that the CBK has categorized them in.
KCB - T24 (Terminos)
Equity - Finacle v10
etc.
Thank you
 

dufia

Village Elder
#11
The various systems in use are as follows:
1. Temenos 24 (market leader) used by the biggest bank amongst others and latest acquirer being Unaitas. Current stable version is 16
2. Finnacle (second market leader) used by mwiguithania and others (esp indian backed banks)
3. BankMaster (An old file based system but secure - Stanbic)
4. Bankers Realm - from craft silicon (Unaitas moved from it to T24)
5. Fusion Banking (BFUB) - National bank
6. Ecletics eBank System - for saccos

Number 4 and 6 are locally supplied
Very nice. Thank you.
 

Top