Austrian lender Hypo Alpe-Adria Bank’s unit in
Banja Luka, Republic of Srpska, has completed the implementation of
the Temenos T24 core banking system across 49 branches.

This latest deployment of the T24 platform by
Hypo Alpe-Adria is the third of its four-part rollout plan for the
lender’s markets in the former Yugoslavia region, starting with
Montenegro in November 2009, followed by Mostar in Bosnia in May
2011. The next implementation in the region is scheduled to be
completed in April 2013.

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The latest deployment of T24 in Banja Luka
marks the implementation of the Temenos platform across three
markets in the former Yugoslavia region in 1,000 days. The region’s
operations centre is situated in Belgrade.

The latest implementation f T24 features the
AA (Arrangement Architecture) module for Hypo Bank’s retail and
corporate banking units.

Ernst Fanzott, Hypo Group Alpe-Adria
Management Board and IT shared service centre program manager said
the transition to T24 was “remarkably smooth and the subsequent
live operation has been trouble-free with impressive
performance”.

Fanzott also told RBI that having an
integrated platform across countries “helps the bank save
money”.

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The data migration has been carried out using
the Migration Manager application by SOFGEN Holdings – the provider
of IT solutions for banks. Mark Paterson, SOFGEN EVP of
integration, said:

 “Three implementations successfully
completed in such a short timeframe is testimony to the skills and
dedication of the entire project team comprising Hypo Bank business
and technical staff, the SOFGEN consultants and the Temenos support
team.”

Established in 1996, Hypo Alpe Adria is the
fifth biggest bank by assets in Austria. In 2002 Hypo bank entered
the Bosnian market and has become the biggest lender in Republika
Srpska.