Intelligent CIO North America Issue 15 - Page 49

Straight-Through Processing ( STP ) rates of over 99 %.
Hamilton Reserve Bank also fully installed Temenos Financial Crime Mitigation ( FCM ) and Temenos Infinity to deliver a seamless , simple , transparent , compliant and secure experience to its customers .

Prabhakar Kaza , CEO , Hamilton Reserve Bank , added : “ What our customers need most are comprehensive one-stop financial solutions that are fast , seamless , easy , fully automated and compliant . We have chosen to partner with an established technology leader like Temenos , which has demonstrated successful cases around the world supporting large banks . pletes ation

“ Our decade-long , multimillion dollar investments into a broad range of Temenos solutions will enable Hamilton Reserve Bank to support our rapidly expanding client base , making us rise above and beyond customer expectations as a leading global bank .” forward to being a part of Hamilton Reserve Bank ’ s continuing success for many years to come .”
Hamilton Reserve Bank serves a large and rapidly expanding global clientele .
Planning for exponential growth by onboarding at least one million new customers in the next 12 months , Hamilton Reserve Bank required scalability , automation , agility and a proven technology platform that would efficiently integrate banking solutions with its steadfast adherence to complete regulatory transparency , compliance and risk mitigation .
Hamilton Reserve Bank has implemented Temenos Transact and Temenos Payments to enable real-time transactions and cross-border payments leveraging Temenos ’ cloud-native platform which provides
With AI-powered Temenos
FCM embedded across the technology platform , Hamilton Reserve Bank benefits from the lowest levels of false positives in the industry at 2.5 %. The bank completely scans all SWIFT transactions in real-time , screens watchlists and leverages AI-based technology for suspicious activity prevention without detracting from a satisfactory customer experience .
Hamilton Reserve Bank leveraged authID . ai , a Temenos MarketPlace partner , to access innovative pre-integrated fintech solutions that complement Temenos technology .
The bank deployed authID . ai ’ s government-grade biometric identity verification and multi-factor authentication processes to provide strong identity assurance , support automated , remote digital onboarding and combat identity fraud and phishing . p
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