Bank of Ireland to Invest $588 Million on Upgrading FinanceBank of Ireland recently announced that it will invest a total of €500 million in order to revamp its banking IT infrastructure.
Project OMEGA, as the new undertaking is titled, will mainly focus on improving the bank’s operating model, as well as on introducing advanced data analytics and compliance solutions.
Richie Boucher, the Chief Executive of the Bank of Ireland, stated that they will focus on creating a “more scalable and modern platform” to ensure “long-term sustainability and competitiveness.” Boucher further confirmed that Project OMEGA will be handled by Temenos, the world’s leading banking solutions provider...
http://www.newsbtc.com/2016/10/06/bank-of-ireland-upgrades-banking-systems/
