LarrainVial selects Abris’ GAMMA to monitor and automate T2

Santiago, Chile 15 September 2017. LarrainVial chose Abris’ GAMMA to monitor and automate their new Temenos T24 core banking system. In their search for the right T24 management tool, the bank decided on going with GAMMA in the last quarter of 2016.

Proven to monitor and automate T24

In the course of the negotiations, ABRIS delivered a Proof of Concept project. This started in December 2016; LarrainVial tested the system until February 2017.  In the process, ABRIS showed LarrainVial that GAMMA’s capabilities to monitor and automate T24 fit their requirements to a T. We also introduced the product roadmap to the client. Not only does the roadmap show our continuous investment in our T24 management tool, but also the development stages using the latest in technology.

All the latest core banking operation features at no extra cost

On the brink of T24 go-live, LarrainVial decided to slightly delay the implementation of the new tool. Immediately afterwards (in August 2017), they signed the agreement to acquire GAMMA. LarrainVial will receive all the latest core banking operation features with no extra cost.

About LarrainVial

LarrainVial is one of the main financial institutions in Latin America. As such, it is recognized for the quality of its advisory services, history, and the role it has played in the development of capital markets in the region.

With a team of over 800 experts, the bank delivers service excellence to over 50,000 clients in Chile, Colombia, Peru, and the United States. The FI has more than USD 17.1 billion assets under management (as of December 2015).

LarrainVial works hand-in-hand with companies in their growth process. It has structured a half of the IPOs in the last ten years in Chile. As part of their regional expansion, in 2010 LarrainVial Securities was the first Chilean brokerage authorized to operate in the United States.

For more information visit the LarrainVial website.