Nedbank overhauls commercial lending with Misys tech
The new solution is set to modernise commercial loan servicing at Nedbank, front-to-back office, both in South Africa and internationally.
No comment was available from Misys about the project.
The contract was signed in H2 2015, Banking Technology understands.
Oracle FSS already has a foothold at Nedbank: the bank’s pan-African operations (outside South Africa) run on the vendor’s core banking offering, Flexcube.
The decision on the new core system has been recently made, Banking Technology understands.