Port of Spain, Trinidad and Tobago: Already relying on CSFi’s SWITCHWARE® solution to manage the electronic payments environment for the largest branch and ATM network in Trinidad and Tobago, Republic Bank (Suriname) N.V. has just signed an agreement with CSF International to deploy a new SWITCHWARE system in Trinidad to manage the EFT operations of its recently acquired RBC Royal Bank (Suriname) N.V. operations.
Closing on July 31st, the Suriname bank acquisition expanded the banks global footprint to 9 territories including Barbados, Cayman Islands, Cuba, St Lucia, Trinidad and Tobago, Grenada, Guyana, and Ghana. With total assets of US$66 billion, Republic Bank Group is one of the largest and most profitable banks in the English-speaking Caribbean. The Bank’s 178 year history is testimony to a strong and successful growth strategy that has been fueled by a philosophy of expansion through acquisition. Shortly after acquisition, the Bank undertakes a systematic process of aligning the systems of the acquired institution with those of the parent bank.
The seamless migration of Republic Bank Suriname to the powerful web-based SWITCHWARE G4 platform will result in the same immediate and recognizable benefits to both the bank and its customers already realized by the parent banks existing portfolio of SWITCHWARE subscribers. Additionally, the G4 front end interface’s intuitive navigation and monitoring tools afford an “at-a-glance,” system wide view of the entire ATM, switching and database network that ensures every authorized user can easily employ the powerful system’s full capabilities.
To learn more, Register now at CSFi.com to download a SWITCHWARE® G4 brochure providing a detailed description of the systems vast array of customizable features and functionalities optimizing ATM, POS, Fraud Prevention, and card management and research efficiencies.