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Tunisia-based Union Bancaire pour le Commerce et I’Industrie (UBCI) has implemented Acumen.plus, a new financial management solution provided by Profile Software.
UBCI during technology overhaul
With a network of 103 branches, UBCI offers a wide range of products and services, including day-to-day retail banking, project finance, investment banking, bancassurance and wealth management.
According to the profile, the bank aimed to standardize on a single treasury management solution that covers all aspects of treasury management and anticipates the evolution of the sector.
Acumen.plus will provide UBCI with a turnkey solution, covering end-to-end financial operations domestically and internationally, the vendor adds.
UBCI CEO Mohamed Koubaa said the new system will help banks “stimulate innovation”, introduce new products and services and leave “a corporate footprint in the daily lives of their stakeholders”. said.
Last year, the bank won a new major shareholder and embarked on a technological transformation with the implementation of a new core banking system underway.
Elsewhere in North Africa, the Central Bank of Egypt also implemented Acumen.plus to modernize its treasury management operations.
