EXCLUSIVE: Santander International is embarking on a tech project to modernise its online and mobile delivery channels.
The bank offers banking and savings accounts to Channel Island and Isle of Man residents, UK expats and UK residents who have international banking needs. It also provides corporate banking to Channel Island and Isle of Man domiciled companies and mortgages to Isle of Man residents.
The new system to be implemented is Infosys’ Finacle, Banking Technology understands.
It is understood Tememos with its Temenos Connect offering lost out in the final.
The new solution will support front-end operations of Santander International and will interface to the legacy back office system, Finastra’s Equation.
It is likely that the legacy core banking solution will, too, be replaced in due course.
Infosys has been popular at Santander recently, winning a corporate core banking tech deal with the bank in the UK and making it to the final of the system selection at Openbank, Santander’s digital banking subsidiary in Spain.