Infosys signs deal with Tetrad Bank of Zimbabwe

BANGALORE, INDIA: Tetrad Investment Bank, the merchant banking services provider in Zimbabwe announced that they have chosen Infosys Finacle as their technology partner.

Finacle will power Tetrad Bank's Core Banking, Wealth Management, Customer Relationship Management (CRM), Online banking, Mobile Banking and Alerts capabilities in its evolution from a merchant bank to a top-tier commercial bank in the region.

Tetrad Investment Bank is in the process of converting from a merchant bank to a commercial bank, for which it needed a robust, scalable and future ready core banking and surround solutions suite.

The suite of solutions will enable Tetrad Bank to automate banking operations, expand reach through multiple new channels and launch targeted offerings to retail customers.

It will seamlessly interface with existing applications in the bank, ensuring no loss of business continuity.It will also help the bank scale its services to meet the needs of its growing retail customer base.

Tetrad Investment Bank's manual processes will be optimized by the straight through-processing capabilities (STP) of the solution. It will also enable scalability to meet future growth in customers, transactions and accounts.