Fidelity National Information Services Inc., a provider of processing and technology services for financial institutions, announced that Turkiye Is Bankasi has selected FIS’ Corebank, a core banking system for financial institutions outside of the United States, to support its retail banking operation. Turkiye Is Bankasi also has chosen to migrate to a Java-compliant environment and will implement Corebank J2EE (Java2 Platform Enterprise Edition). Corebank J2EE will replace the bank’s existing home-grown legacy applications.
Turkiye Is Bankasi is the largest bank in Turkey and is ranked 53rd in Europe, based on the bank’s consolidated Tier-1 capital strength and assets of $69 billion, according to The Banker. Turkiye Is Bankasi offers its customers a range of retail products and services, including savings and term deposit accounts, current accounts, overdrafts, and term loan and commercial lending.
“We currently are running a project the Customer-centric Transformation Program in which we are substantially investing in a new IT infrastructure” says Hakan Aran, manager of Turkiye Is Bankasi. “With more than 15.5 million customer accounts to support, Corebank is central to this huge transformation programme.”