Absa successfully completes major banking system migration of its African subsidiaries

Absa successfully completes major banking system migration of its African subsidiaries

SOUTH AFRICA ABSA

Absa Group Limited has announced another successful migration project following on from the completion of the core banking system migration of six subsidiaries (Tanzania, Ghana, Botswana, Zambia, Mauritius and Seychelles) in April 2019.

The latest project was undertaken during 18-19 May 2019 and it unlocks further benefits, including upgraded infrastructure and new customer interfaces in some instances.

Absa has now migrated its digital channels and its account origination applications used by ten African subsidiaries — Tanzania, Ghana, Botswana, Zambia, Mauritius, Seychelles, Uganda, Kenya, Mozambique and National Bank of Commerce in Tanzania (NBC) — from the Barclays PLC data centre in the United Kingdom to Absa’s data centre in South Africa.

“These projects were large and complex undertakings that required meticulous planning by highly skilled teams,” said Paul O’Flaherty, Chief Executive: Engineering Services at Absa Group Limited. “We are proud to have executed them successfully, as part of our broader separation programme which will be completed in the next year.”

The latest migration project unlocks a number of benefits for Absa, and ultimately for customers, including Upgraded infrastructure will result in a more stable and scalable environment for our applications; Enhanced monitoring of infrastructure and applications; New user interface for mobile banking; and knowledge transfer from Barclays PLC team to local teams.

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