Neptune Software announced the successful implementation of its Rubikon Banking system at TN Bank in Zimbabwe.
This is an important milestone for Neptune as it is the first live bank-wide operation for Rubikon, implemented on-time and within budget.
TN Bank is part of TN Financial Holding, the fastest growing financial institution in the country. The intent of TN Bank is to act as an one-stop financial institution which offers a wide range of services including retail, investment and corporate banking, trade finance, money market and securities and country-wide electronic payment solutions for a wide range of industries.
Douglas Mapuranga, IT Director, TN bank said, "We chose Neptune and in particular Rubikon because it was superior to every other solution that we looked at. What is important to us is that Workflow management, Exception Management, Channel Management and Data Repositories are integrated into the Rubikon banking solutions providing an environment that requires minimal manual intervention. The architecture is such that there is no longer the need to take the system (or the data) away from the Users to perform the traditional end of day tasks. This has been a challenging project but with the expertise and dedication of the joint project team, the objectives were positively achieved."
Patrick Hayward, MD, Neptune Software said "We are delighted with the success achieved at TN Bank. Rubikon was chosen by TN Bank, as technology is key to their aspiration to become a super regional bank. Being able to deliver the integrated solutions on which TN Bank can develop and grow their business has been a major step in the evolution of Rubikon. An exercise with military precision was needed to ensure that the live operation of Rubikon was in place to ensure the timely opening of the Bank's new branches."