British Caribbean Bank (BCB) is adopting Finastra Essence to accelerate innovation and enhance strategic flexibility. This functionality allows BCB to rapidly develop products and quickly launch new marketing channels without the high costs and long timelines associated with extensive development projects. The platform provides a solid and adaptable foundation that can evolve with market innovations. It also optimizes daily operations, reducing the need for extensive staff training and simplifying complex workflows. This streamlines regulatory compliance, enabling the bank to be more proactive. As a result, BCB's staff can focus on customer experience, new product creation, and the institution's strategic growth initiatives. Siobhan Byron, Executive Vice President of Universal Banking at Finastra, highlighted that "Finastra Essence is designed to reinvent banking." Marcus Moxey, Managing Director of BCB, commented on the impact of the partnership: "We have significantly transformed our core banking operations."
British Caribbean Bank Adopts Finastra Essence to Boost Innovation
British Caribbean Bank (BCB) implements Finastra's Essence platform to accelerate digital innovation, increase agility, and optimize operations, enabling it to compete with larger financial institutions.