Telesis Technologies completes project for City Bank, Dhaka

Chennai: The city-based Telesis Technologies, a training and implementation partner of Infosys Technologies for their core-banking solution, Finacle, has successfully completed the pilot implementation of Finacle at City Bank, Dhaka in Bangladesh.

The project involved the implementation of Finacle, end-to-end, in City Bank''s principal office branch with two more branches in the city of Dhaka connected to the data centre.

The whole implementation was successfully completed by Telesis under the cover of a performance guarantee, which is very unique in the banking sector. According to the guarantee, the bank can hold back payment towards implementation at any point of time if the performance of the software dips.

Currently, Telesis is implementing two more similar projects for two banks abroad — Nabil Bank in Nepal and Indian Ocean International Bank (IOIB), Mauritius.