Yoma Bank taps Compass Plus Technologies for time-to-market upgrade
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
Myanmar-based Yoma Bank has implemented a new treasury and capital management (TCM) system, Fusioncapital Opics, supplied by Finastra (formerly Misys).
Myanmar-based Yoma Bank has gone live with Misys’ core banking system, FusionBanking Essence. Yoma Bank, one of the country’s largest commercial banks, has been in tech modernisation mode since 2014. In-mid 2014, it issued an RFI for new core banking software, with the financial support from International Finance Corporation (IFC; a subsidiary of the World […]
Myanmar’s Yoma Bank is to install a new core banking system provided by vendor Misys, as part of a major transformation project at the privately-owned bank. Yoma especially wanted to be in a position to benefit from the growth of mobile technology in the country.