FCMB (UK) Limited chooses BankWare and AMLtrac

FCMB (UK) Limited, a UK incorporated bank and a member of FCMB Group Plc, a leading banking group headquartered in Nigeria, has recently commenced operations in London and has chosen International Financial Systems (iFinancial) for their core banking and anti-money laundering platforms.

The bank provides Trade Finance, Corporate and Investment Banking Services along with Stockbroking Services for Institutional clients, wishing to trade in Nigerian equities.

Sales Director Matthew Day said “In my opinion, for a bank to survive in today’s tough economic and highly regulated environment it needs to automate as many aspects of its business as it can. This needs to be done cost effectively and be based on modern technology so as to stand the test of time. Fortunately we had worked with Frank Le Roex CEO of the bank for many years when he was at NedBank and therefore he knew that our solutions would meet the bank’s objectives and implicitly trusted us to hit the bank’s demanding targets. I am pleased to say the project has been a great success and look forward to continuing to work closely with bank over the coming years”

Paul Brattle, the bank’s Chief Operating Officer and also a previous user of iFinancial solutions whilst at TC Ziraat Bankasi, managed the project from the bank’s point of view and oversaw its successful implementation into a solution that meets the needs of the bank and its customers.

Terry Day, Managing Director of iFinancial said “It has been a demanding project and I would like to thank Frank, Paul and all of the bank’s staff for their hard work and for choosing to work with us again. We welcome FCMB as a customer.”


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