Inlaks lists dormant accounts system on Temenos

Inlaks, a renowned ICT infrastructure and systems integrator in Sub-Saharan Africa, has recently unveiled its Dormant Accounts Management system on the Temenos Exchange, an ecosystem that integrates various fintech solutions. This move signifies a significant step in the financial technology landscape, positioning Inlaks as a key player in addressing challenges related to dormant accounts for financial institutions.

The Inlaks Dormant Accounts Management Solution stands out as a robust and agile application designed to facilitate the remote re-activation of accounts from the comfort of users’ homes. This innovative tool not only tackles concerns surrounding internal and external fraud but also ensures compliance with regulatory standards. Moreover, it contributes to enhancing a bank’s deposit base, re-engaging customers, and alleviating the load on the core banking system. The end result is an improvement in system performance and more efficient close-of-business processing.

Integrated into the Temenos Banking Cloud, the Inlaks Dormant Accounts Management System aligns seamlessly with all Temenos solutions, offering a range of high-level business benefits. This collaboration is poised to ease data pressure, mitigate the risk of fraud, and enhance system performance. By addressing a global banking concern, Inlaks aims to serve the interests of both internal and external stakeholders.

The Temenos Exchange plays a pivotal role in bringing innovation to the market rapidly and at scale. It provides a platform for pre-integrated and approved fintech solutions that can be easily deployed on the Temenos open platform for composable banking. This facilitates banks in accelerating the creation of new financial services while concurrently reducing development costs.

Expressing his enthusiasm about the listing, Olufemi Muraino, Executive Director at Inlaks, emphasized the strategic partnership with Temenos as a means to serve the global market. This collaboration signifies a significant contribution to the Temenos community, extending the reach of Inlaks and enabling Temenos customers to effortlessly harness the benefits of the Dormant Accounts Management System. Muraino looks forward to leveraging the power of the Temenos platform to propel Inlaks towards achieving its business goals.

Martin Bailey, Director of Innovation and Ecosystems at Temenos, underscored the role of Temenos Exchange as an accelerator for fintechs and software developers. He highlighted the platform’s ability to assist these entities in developing, validating, and monetizing new banking solutions. Bailey emphasized that Inlaks’ integration with Temenos and participation in Temenos Exchange allows the company to be readily available to the multitude of banks globally that operate on the Temenos platform.

Established as a leading systems integrator in Sub-Saharan Africa, Inlaks operates in Nigeria, Ghana, East Africa, and other regions within the continent. The company collaborates with prominent OEMs in the technology industry to deliver world-class information technology solutions that surpass the needs of its diverse customer base.

Over the years, Inlaks has cultivated a reputation as a premier ICT and Infrastructure Solutions Provider. Its services have been instrumental in helping customers seize new market and service opportunities effectively. With an impressive customer base that includes several Central Banks in East and West Africa, along with major clients in various sectors such as Banking, Telecommunication, Oil/Gas, Power, Utilities, and Distribution, Inlaks has solidified its position as the dominant Information Technology Company in Africa.

Inlaks’ commitment to excellence is further exemplified by its dedication to serving customers across different segments, consistently delivering solutions that propel their success. As the company continues to innovate and expand its footprint, the integration of its Dormant Accounts Management System into the Temenos Exchange marks a pivotal moment in its journey towards shaping the future of financial technology in Africa and beyond. For more information, please visit www.inlaks.com.