Delivering Banking Success Across Africa

Addis International Bank, Ethiopia Advances Towards New Age Banking with Oracle FLEXCUBE 14.5 in Partnership with Finonyx

Key Facts


Key Facts

1. Existing Solutions: OMNI Core Banking

2. New Solutions: Oracle FLEXCUBE 14.5, OBPM 14.5,  OBBRN 14.5, OBTF 14.5,   OBTR 14.5

3. Duration: November 2021 – August 2022

4. Data Points: 119 branches, 378,000+ customers, 378,000+ accounts

Upgraded Solutions Delivering Multitude of Business Benefits

1. End of Cycle Timelines Reduced To 30 minutes from 9+ Hours

2. Over 10% Increase in The Customer Experience Since
Implementation of The New Solutions

3. Minimized Risk due to automatic transaction processing

4. Increased reliability of channel transactions with no data loss
during systems handshake

Assefa Amere Chief Information Officer, Addis International Bank

“Finonyx was entrusted with this key responsibility after critically reviewing their expertise and proven experience in implementing the Oracle FLEXCUBE application at multiple banks across geographies. The team from Finonyx showcased their thorough understanding of the application and have successfully delivered the project in a time bound manner. We extend our thanks and appreciation to Team Finonyx for their efforts.”

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