CBZ Bank Limited chooses the INTIX solution for improved financial transaction data management

Harare - 17 August 2016

CBZ Bank Limited, the largest financial services provider in Zimbabwe, and INTIX announced that CBZ Bank Limited chose the INTIX Message Warehouse solution for archive management and statistics analysis of all its financial messaging flows.

The INTIX solution provides financial institutions with a single access to all their financial messaging data, regardless of formats and systems. This ease of access provides the opportunity for automated and flexible reporting, improving operational efficiency and addresses the needs in the context of audit and compliance. At the same time, the INTIX solutions offer the ability to turn these data into valuable and practical insights, and as such to better understand its customers and its business.

Eddie Mombo, Group Principal Operations Officer of CBZ Holdings explains: "As part of our continuous investments in innovation to better service our customers, we have chosen to implement the INTIX Message Warehouse which will further improve searching, reporting and business intelligence. The INTIX solution was selected because it supports all standards of financial messages and allows us to easily access both our real-time messaging as well as our long-term archives. In addition, it offers flexibility and user friendliness. "

Marc Braet, CEO of INTIX adds: "We are delighted that CBZ Bank has chosen the INTIX Message Warehouse. This decision demonstrates that CBZ Bank Ltd innovates with state-of-the-art technology for statistical analysis, monitoring and traceability of financial transactions. The INTIX solution will enable CBZ to enhance its customer service level, respond faster to compliance related requests and achieve better operational excellence."

CBZ Bank Limited, headquartered in Harare and represented in all 10 provinces in Zimbabwe, is a wholly owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH). CBZH provides a complete range of financial services through various subsidiaries whose activities include banking, short and long term insurance, asset management, investment banking and property investments

INTIX, based in Belgium is active globally. INTIX is an innovative and collaborative service provider for the financial industry. The INTIX Message Suite enables the creation of a single view of all financial messaging data for easy access, generates reports for regulators, and delivers tools for monitoring and traceability. INTIX has customers in Africa, Asia, Europe, Russia and South America. Customers include financial institutions such as Argenta Spaarbank, KBC Bank, Russian Agriculture Bank, Isbank, ICG Guatemala, BankServAfrica and also corporates. 

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