SOFGEN completes T24 Model Bank implementation at Bermuda Commercial Bank

Bermuda Commercial Bank goes live with T24 R13

Geneva, 19 April 2016: SOFGEN Holdings Limited (SOFGEN) and Bermuda Commercial Bank are pleased to announce the “go live” of T24 R13 core banking system, T24’s Insight module, T24’s AML module, and the NETteller eBanking platform. The implementation, delivered by SOFGEN, a global Temenos partner, was successfully completed in 18 months with an onsite team.

“The challenge was to implement simultaneously a number of different products to replace all incumbent systems in a big-bang approach. A highly skilled team of T24 and banking experts, used the Temenos implementation methodology to achieve success”, said Ashok Sharma, Director, SOFGEN Americas. “This was a team effort including SOFGEN, Temenos, NETinfo and BCB.”

Peter Horton, CEO at BCB, commented, “The implementation was a huge collaborative effort between BCB and our implementation partners, that resulted in a very successful “go live” weekend. The bank is very pleased with the outcome and greatly appreciates everyone’s hard work and effort.”

About Bermuda Commercial Bank

Bermuda Commercial Bank Limited is one of Bermuda’s four licensed banks, established in 1969 and regulated by the Bermuda Monetary Authority. It is Bermuda’s only bank focused on corporate and private wealth clients, offering a range of bespoke financial solutions.

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