Bahwan CyberTek’s rt360 now available on Temenos Exchange

Monday, 24 June 2024 00:00 - - {{hitsCtrl.values.hits}}

As a follow up to 2022 exclusive agreement Bahwan CyberTek and Temenos to expand market reach in India, Sri Lanka, Nepal and Bhutan, and help financial institutions in these regions realise their transformation goals

Temenos Director – Innovation and Ecosystems Martin Bailey

BCT Executive Vice President Vish Srinivasan

Bahwan CyberTek (BCT), a global digital transformation company and a pioneering provider of FinTech, RegTech, and SustainTech solutions, has announced the availability of its transformative rt360 Suite on Temenos Exchange, a partner ecosystem of fintech solutions.

Renowned for its regulatory technology prowess, the rt360 Suite offers a comprehensive array of products designed to facilitate the end-to-end transformation of risk and compliance processes across diverse domains including credit risk, enterprise risk (GRC), model risk, and sustainability.

The rt360 Suite on Temenos Exchange heralds a significant milestone, positioning BCT as a solutions provider on this prestigious platform, which can be harnessed by Temenos customers worldwide.

The BCT’s strategic agreement (signed in 2022) with Temenos will scale operations in India, Sri Lanka, Nepal and Bhutan, pave the way for increased visibility and reach in the BFSI sector, and help accelerate digital transformation for banks and financial institutions.

Through seamless integration with Temenos, the rt360 Suite gains unparalleled access to vital core transaction systems such as core banking, and Loan Management Systems (LMS), expediting time-to-market and rollout through pre-built connectors via APIs. This collaboration not only addresses critical business requirements but also fortifies risk management capabilities, marking a distinct advantage in the industry landscape.

The collaboration with Temenos not only amplifies BCT’s ecosystem but also signifies a commitment to fostering innovation within the banking community. By offering access to a dynamic network of innovators and industry leaders, this alliance accelerates growth prospects and delivers value to clients through cutting-edge expertise and resources.

Temenos Director – Innovation and Ecosystems Martin Bailey said: “Temenos Exchange acts as an accelerator for Fintechs and software developers, facilitating the development, validation, and monetisation of banking solutions. We welcome BCT to Temenos Exchange as a premier provider making them accessible to the global network of banks that run on our platform.”

BCT Executive Vice President Vish Srinivasan said: “Bringing BCT’s rt360 suite to the Temenos Exchange underscores our commitment to the banking community and highlights our dedication to delivering innovative and integrated solutions to Temenos customers worldwide. With our combined strengths, we are confident that we can accelerate transformative growth for customers in the BFSI sector.”