FRIDAY, JULY 27: Capital G Bank Limited implemented a new integrated core banking system on July 16 which is expected to be more cost effective.
The new system is expected to provide a more modern, flexible and cost effective banking solution.
Capital G said this would be expected to help them achieve its commercial aspirations for enterprise growth and long-term competitive advantage.
Ian Truran, president and CEO, Capital G Bank Limited and Capital G Trust Limited, said: “Capital G has made a significant commitment to invest in technology that will support the Bank in its effort to be a leading full service bank in Bermuda. We worked in close partnership with Fiserv, Inc. to ensure a smooth transition to the new system.
“The Fiserv conversion will allow Capital G to offer a more diverse range of products and services to suit our clients’ individual needs, including a new eBanking platform, Corillian Online from Fiserv, that will provide enhanced features and functions for our corporate and personal banking clients.
“Capital G remains committed to maintaining a reliable and stable core banking platform and will continue to adopt globally accepted technologies and practices in order for us to maintain the highest levels of customer service, while also adhering to the ever growing regulatory requirements for reporting and monitoring.”
Rene Salazar, managing director for Latin America, the Caribbean and Canada, Fiserv, said: “Capital G joins a growing list of financial institutions across the globe that have selected Fiserv for our experience in delivering a flexible and integrated set of solutions.