Phillips Consulting Limited (PCL) has introduced Intellect Digital Core Banking solution into the nation’s financial services sector
The banking solution is the product of collaboration between Phillips Consulting and Intellect Design Arena Limited, a company that offers services in financial technology for banking, insurance and other financial services.
Speaking on the Core Banking solution, the Managing Director of Phillips Consulting, Mr. Robert Taiwo, explained the benefits of Intellect Digital Core.
“In banking, the digital discourse has shifted from ‘nice to have’, to critical business imperative. Market share will increasingly swing to those banks that can quickly and effectively respond to technology advancements. The ability to grapple with 4.0 technologies such as AI, Big Data, Robotics and Blockchain, will differentiate the leaders from followers. Superior interconnectivity and system integration will enhance customer-centricity and this by default will accelerate first mover advantage.”