Euro Pacific Bank selects Temenos for anti-money laundering solutions

Euro Pacific Bank has selected Temenos' cloud-based core banking platform and anti-money laundering solutions

Euro Pacific Bank, a Caribbean offshore private bank, has selected Temenos’ cloud-based core banking platform and anti-money laundering solutions.

The scalable and automated platform, dubbed T24, will be delivered via the Microsoft Azure cloud. Implementation services will be provided by Temenos partners, SOFGEN.

Temenos claims that T24 would support the bank’s growth and help it deliver enhanced customer service by offering the bank a single, comprehensive view of each customer.

The solution incorporates fully integrated output and document management, provided by EFS Technology. This takes T24 data and turns it into personalised customer statements, investment summaries as well as financial reports.

Euro Pacific Bank vice president of business development Adrian Murray commented: “We chose Temenos’ T24 banking software and anti-money laundering solution because we wanted a modern, globally renowned system that supports us with a high level of automation. With a cloud-based solution we are able to offer a service that is comparable to the best private banks at a price point comparable with fintech start-ups.”