Correction: SG-SSB first in Ghana to install Delta Bank solution
The SG-SSB has become the first universal bank in Ghana to install the globally certified banking solution known as Go-live Delta-Bank. The product is widely used in the banking sector in French speaking Africa.
The solution developed by French company, Delta-Informatique which is also a major player in the global banking and financial sector, is a scalable, integrated banking solution, a press statement from the company copied to ghanabusinessnews.com Tuesday January 26, 2010 has said.
SG-SSB bank which is the fifth largest bank in Ghana took the decision in 2007 to replace the existing solution which was acquired five years earlier. According to the statement, this solution had not lived up to expectations.
With this new solution, SG-SSB is now able to meet new competitive challenges, including the options that permit the processing of banking operations and associated products as well as generate reports according to IAS/IFRS and Basel II rules. The solution also makes the bank able to conform to the banking requirements of the Bank of Ghana.
By Emmanuel K. Dogbevi