Bank Leumi upgrades T24 system in Panama with Sofgen

Source: Sofgen Americas

Sofgen Americas, Inc. (SOFGEN) and Bank Leumi are pleased to announce the successful upgrade of the Temenos T24 core banking system of Bank Leumi's subsidiary in Panama.

The project, which completed last week, brings the bank's Panama office to version R9 of the T24 core banking system from their older T24 R5 system. The combined onshore/off-shore team brought the project in on-time and to budget.

"Bank Leumi Panama is a long-term TEMENOS T24TM user and we were thrilled to take on this important initiative for the bank," stated Russell Rothchild, CEO, SOFGEN Americas. David Mamann, CEO, Bank Leumi Panama, commented, "SOFGEN has proven themselves to be valued and trusted partners to Bank Leumi Panama, with a unique level of expertise in the TEMENOS T24TM banking system space."

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