Ghana-based banking start-up, Sovereign Bank, has implemented Temenos’ T24 core banking system. The project was delivered by a local integrator and Temenos’ regional partner, Global Solutions.

Sovereign Bank was among the three entities granted banking licences last year. The other two are Heritage Bank and Union Savings and Loans.

Sovereign Bank is a universal bank offering commercial, corporate and retail banking services, wealth management, treasury management, transaction banking and payments.

Global Solutions says the bank is the first live site in West Africa for Temenos’ latest Java-based version of T24 (Temenos Application Framework Java – TAFJ).

Sovereign Bank’s CTO, Jamal Inkoom, compliments the integrator: “I have appreciated Global Solutions team’s effort through every step of the project. They have worked tirelessly to ensure we go live.”

Global Solutions now has ten users of T24 in Ghana on its client list. These include National Investment Bank, Universal Merchant Bank, The Royal Bank, UT Bank and Unibank.