Bank ABC has successfully migrated its digital mobile-only subsidiary, ila Bank, onto the Temenos Core Banking platform hosted on Amazon Web Services (AWS), completing the first phase of the bank's wider core banking transformation programme.
The migration, delivered by Systems Limited—a global system integrator and Temenos Delivery Partner—also included Temenos Payments and Data Hub. Systems Limited will continue to provide end-to-end managed services for the platform.
Launched in 2019, ila Bank is a multi-award-winning mobile-only bank focused on delivering innovative and personalised banking experiences while driving financial inclusion across Bahrain and the wider MENA region. The go-live marks the successful migration of ila Bank's retail account and lending operations to Temenos' cloud-native platform, reinforcing its position as a digital banking leader in the region.
The Temenos core banking and payments solutions on AWS provide ila Bank with the speed, agility, and scalability required to drive customer growth and launch new products and services faster. The cloud-native, API-first architecture enables rapid integration of new capabilities and open banking services to further enhance customer experience.
This migration represents a key milestone in Bank ABC's digital transformation roadmap, which will see the bank consolidate multiple back-end systems from across 15 countries onto Temenos' core banking platform. The transition is expected to enhance operational efficiency and provide a 360-degree customer view across business lines and geographies.
"The go-live of ila Bank on Temenos' cloud-native core banking system marks a significant milestone in our strategic transformation as MENA's international bank of the future," said Ismail Mokhtar, Group Chief Operating Officer at Bank ABC. "This achievement strengthens the bank's ability to accelerate digital innovation and respond even more swiftly to customers' needs."
Mohamed Al Maraj, Group Chief Retail & Digital Banking Officer and CEO of ila Bank, emphasised the strategic importance: "ila's migration onto Temenos' cloud-native core banking platform on AWS underscores our commitment to sustaining our promise of delivering 'banking that reflects you'. This transition enhances our ability to launch new products faster, scale with confidence, and continue redefining consumer banking in the region."
Santhosh Rao, Managing Director, MEA at Temenos, congratulated Bank ABC on the successful implementation, noting the company's pride in supporting one of the region's most dynamic digital banks with cloud-native core banking and payments technology.
Ammara Masood, GM Global, Banking and Financial Services at Systems Limited, highlighted the partnership's significance: "With our deep expertise in cloud-first deployments and in supporting digital and multi-country banks globally, this programme sets a new benchmark for modern banking."