Malawi Savings Bank selects Rubikon Banking System

London - 1 December 2009

Neptune Software signs up with Malawi Savings Bank to implement Rubikon banking system.

Neptune is excited to announce that Malawi Savings Bank headquartered in Blantyre, Malawi and with 41 branches across the country has selected Rubikon Banking System to automate their banking business replacing Bankplus. In Blantyre on Tuesday 24 November, Neptune’s team led by the Regional Managing Director executed the contract to license the use of Rubikon by the bank.

Having undergone through a very comprehensive selection process that lasted over 12 months culminating to this agreement, the Managing Director of the bank declared that they were convinced that Rubikon was the ideal solution for their business and Neptune was their right technology partner. “We focused very strongly on the ability to deliver and provision of post implementation support and Neptune which has a number of successful implementation in the neighboring countries emerged the winner” said Mr. Sam Phiri, the Head of Information Technology at Malawi Savings Bank.

Speaking during the signing ceremony that took place in Blantyre, Malawi the bank’s Managing Director Mr. Joseph Mwanamvekha explained that the business environment in which the bank was operating had changed over the years since they acquired the current system and now required a robust system that could deliver new functionality in the new areas of business including Internet Banking, Mobile Banking, Business Intelligence and Customer relationship/Case management. Rubikon stood out as the only system that would deliver these and more of the desired features on a plug and play basis. In addition Rubikon would enable the Bank to increase
efficiency by utilising the workflow management facilities provided by the system.

“I thank the Bank for their confidence in us and we assure them our unreserved commitment to a successful implementation project and delivery of their business objectives.” Quoted Chibuzo Ene, speaking on behalf of the management and staff of the Neptune Software Group.

The implementation will be starting within the next two weeks and the teams are already assembled and ready to go! It is expected that the bank will be live on the new system by mid 2010.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development