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Security Bank taps Malaysian automation firm

Published Nov 23, 2022 02:52 pm

Security Bank taps Malaysian automation firm

By JAMES A. LOYOLA

Security Bank Corporation has tapped Malaysian-based banking automation company Consolsys to transition the bank’s current branch banking management system to a state-of-the-art digital, cloud-based omni-channel platform.

In a statement, the bank said Consolsys has been providing banking automation services in Asia since 1999 with a presence in Malaysia, Philippines, Indonesia and Brunei.

Security Bank

They will replace the banks’ current tellering, lobby management and Signature Verification System (SVS) with the Mosaic Voyager, a cloud-based omni-channel delivery system that reduces inefficiencies, increases overall productivity, and provides an avenue for increased touchpoints.

“As the Bank transitions from traditional to new and scalable digital cloud-based services, we will be able to service customers faster and provide them with our signature BetterBanking service powered by innovative digital banking technology,” said Security Bank Executive Vice President and Head of Enterprise Technology and Operations Lucose Eralil.

He added that, “Implementing Mosaic Voyager is a key enabler as we transform our branches to deliver customer-focused differentiated experiences.”

Security Bank has fast-tracked its transition to the Mosaic Voyager service with a plan to complete the implementation across all its branches by the third quarter of 2023.

Once fully implemented, this new comprehensive and transformative system will enhance the Bank’s capability to provide a truly differentiated customer experience to transacting customers, enhance operational efficiency, and propel the Bank forward in its digital banking transformation.

This is one of the many initiatives Security Bank is implementing as it moves closer to achieving its vision of becoming the most customer-centric bank in the Philippines.

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