Upgrade from R5 to R10 goes live in Taiwan
Taipei, 19 August 2013: SOFGEN Holdings Limited (SOFGEN) has announced the successful completion of a major release upgrade project at Jih Sun Bank, advancing the bank’s Temenos T24 core platform five versions from R5 to R10.
The Windows NT-based upgrade included heavy customization of the T24 environment to fit the bank’s needs, and has taken 12 months’ effort. The development team achieved the targeted timelines in spite of complex T24 adaptation requirements, substantial database size, and unforeseen regulatory changes mid-project. The new system was rolled out to Jih Sun’s 47 branches in Taiwan in July 2013.
“We are impressed with SOFGEN’s performance on this project,” said Justin Chung, Senior VP of Information Technology at Jih Sun. “Not only did their meticulous pre-upgrade planning enable them to absorb a substantial regulatory delay without impacting timelines, but their team members were some of the most dedicated and skilled we have ever seen in a technology partner. We congratulate them on a job well done.”
“This project was a seamless success, despite many potential challenges,” commented Patrick Enjalbal, SOFGEN’s General Manager APAC Region. “We blended onsite technical leads with our skilled offshore developers, resulting in a highly efficient team with both globally sourced talent and local cultural and lingual proficiency. We are pleased to bring these capabilities both to Jih Sun Bank, and to financial institutions throughout the APAC region.”
About Jih Sun Bank
Jih Sun Bank, established in 1992, is a financial holding company with 47 branches in Taiwan. They are servicing millions of clients across these economic regions. The business activities are Retail, Investments and the management of invested businesses. The establishment of Jih Sun Financial Holding Company Ltd was a response to the latest trend of the global financial environment, as well as to Taiwan government's latest policies. It was organized in such a way that maximizes economies of scale, synergistic benefits, and market competitiveness etc.