Bank BPS and Asseco Poland signed an agreement for implementation of new central banking system
The objective of the cooperation between Asseco Poland and BPS Bank is to implement a new central system, e-banking and a mobile application. Some of the Bank's IT systems will be moved to the cloud, while the Bank's Clients will gain modern solutions for everyday operation.
The signed agreement provides for the implementation of a new central banking system (including a main transaction system and a data warehouse) and its operation using Asseco's data processing centres. The changes will also include a new-generation Internet banking system for retail and corporate clients and a mobile application.
The changes we are making at BPS Bank are aimed not only at implementing modern technologies for retail and business customers, but also at providing increasingly better services to affiliated cooperative banks. Due to the challenging economic environment, we must also look for cost optimizations - says Artur Adamczyk, President of the Management Board, Bank BPS. Therefore, we have decided to implement a new core system. The selected vendor, Asseco Poland, knows the BPS Association and its business needs very well; it has been operating in the cooperative banking sector for years, providing services to a considerable part of our Association. Therefore, we will be able to take advantage of a number of ready-to-use solutions offered by Asseco. This will shorten the time of planned implementation and reduce its costs. The new central system will allow us to enter a new stage of technological development and will improve the operations of the entire Bank. At the same time, I believe that it will be a stimulus for all the Cooperative Banks in our Association to accelerate the digitization processes.
We are extremely pleased that Bank Polskiej Spółdzielczości (BPS), on the occasion of our 30th anniversary, has chosen Asseco Poland to provide its key IT solutions for the coming years. This confirms that our investments in functionality, technology, security and the subscription model of software delivery have met the expectations of our demanding client. The agreement signed means the extension of our cooperation with Bank Polskiej Spółdzielczości (BPS) for another 10 years, which is so important for us, and thereby reinforces the Asseco's position in our key sector of cooperative banks, says Zbigniew Pomianek, Vice President of the Management Board of Asseco Poland.
The agreement was signed for a period of 10 years with an option to extend.