ABRIS signs with two members of the Standard Bank Group
Budapest, May 2019 – Standard Bank Angola and Standard Bank Mozambique have purchased GAMMA with full functionality from ABRIS. The implementation of the T24 monitoring and automation tool is already in progress at both institutions of the Standard Bank Group.
RFP at Standard Bank Angola
Standard Bank Angola sent out a request for proposal for a T24 management solution last year. They were looking for a solution that improved the efficiency of their COB processes and eliminated user errors. Therefore, the focal requirement of the RFP was to replace manual intervention with COB automation. The proposal ABRIS delivered made a great impression – in fact, it triggered group-level interest in GAMMA.
POC at Standard Bank Mozambique
Following the discussions between ABRIS representatives and several Standard Bank Group stakeholders, Standard Bank Mozambique also decided to request a proof-of-concept project. Their focus was on IT operation monitoring to ensure prompt troubleshooting, comprehensive COB automation, as well as enhancements to security and alerting procedures. All requirements were met and ABRIS performed the successfully the POC remotely in late 2018.
GAMMA implementation in progress
The implementation is already in an advanced phase at Standard Bank Angola. Go-live is due at the end of spring 2019. ABRIS has also begun the implementation of GAMMA at Standard Bank Mozambique.
About Standard Bank Group
Standard Bank Group is the largest African banking group by assets, with a market cap of approximately R289 billion (USD20 billion), offering a range of banking and related financial services across sub-Saharan Africa. The Group is an African focused, client-centred, digitally enabled universal financial services organisation with a 156-year history, intending to further Africa’s growth and create value for all its stakeholders. Its on-ground presence in 20 countries of the African continent is paired with solid local knowledge. Standard Bank Group subscribes to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity and fairness.