The Association Discount House Banking has successfully migrated to Finacle 10 which is popular banking software utilized by virtually all the big banks in Nigeria. The move was powered by the Computer Warehouse Group.
Finacle core banking solutions is a banking software application that is designed to help banks and other financial institutions to enable them render their services to their customers very efficiently and easily without making them vulnerable to fraud.
The Chief Executive Officer (CEO) of Association Discount House Ltd, Mr. Abubakar Jimoh highlighted the importance of the migration for the institution. According to him, it is important for the Association Discount House Ltd which has been approved to provide merchant banking operation to migrate to Finacle 10 so that the institution will be able to achieve its goal of delivering excellent service by using robust banking platform to provide its wide range of services and business operations.
Mr. Jimoh said that the institution opted for Finacle 10.2.16 because it will help them to achieve their objective given that it is the highest version of Finacle.
The migration of Association Discount House to Finacle 10 is supported and powered by Computer Warehouse Group Plc (CWG Plc). The Chairman and Founder of CWG Plc while talking about the move said that the key for the survival of any institution is business innovation. He said that his business has empowered ADH to attract new customers and also retain old ones which according to him should be the major preoccupation of banks in this age of aggressive competition.
ADH is not the only financial institution that CWG has provided such services before. The business previously has successfully powered the migration of banks such as First Bank, United Bank for Africa (UBA), Heritage Bank and Mainstreet bank. CWG Plc and her partner, Infosys are powering the Finacle-core banking application of about 55 percent of Nigerian Banks.