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Allica Bank -Digital Banking eNewsletter Summer 2020

Allica Bank, the UK bank for small and medium businesses, has implemented Profile’s solutions to manage their banking, risk and treasury management operations. Profile and Allica Bank worked together to speedily deliver the digital banking solutions under challenging deadlines.

Allica Bank deployed FMS.next in Microsoft Azure providing its customers with online management of their accounts and transactions. The speed of implementation demonstrates the Profile team’s agility and commitment to delivering mission-critical systems for digital banks, as a key part of a large collaborative team. Profile’s solutions were also integrated with international systems and vendors for authentication services, credit control, KYC/KYB/AML and MIS Reporting.

Allica Bank uses Profile’s FMS.next as its core banking platform to support its omnichannel digital banking experience and to manage its savings accounts and commercial mortgage lending to customers. In addition, the platform has allowed Allica Bank to rapidly design and launch new products to market, aiming to implement new Profile solutions, such as the treasury management platform Acumennet and FMS.next’s payment services.

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