Inter-American Development Bank ponders tech overhaul
Inter-American Development Bank HQ, Washington DC
Inter-American Development Bank (IDB) is looking for a new back office system, Banking Technology understands.
The bank is a long-standing customer of Misys. It has been using its Opics treasury and capital markets (TCM) system for many years, and in 2014 it also signed for Summit, another back office system from Misys’ portfolio of TCM solutions.
IDB is the largest source of development financing for Latin America and the Caribbean. IDB’s aim is to aid economic and social development and regional integration – and it is doing so by lending to governments, government agencies and state-owned companies.
IDB counts 48 countries as its members. Its head office is in Washington DC, US.
