Computer Warehouse Group (CWG) Plc said that by deploying cutting-edge technology to the Nigeria’s banking industry in the last two decades, it has given one of the country’s leading financial institutions, the United Bank of Africa (UBA) the opportunity to cart home two prestigious awards at this year’s Finacle Forum.
At an awards ceremony held in India by Infosys Limited, UBA, which prided itself as Africa’s Global Bank won the Process Innovation and Project Management Awards.
In a statement issued in Lagos and made available to Daily Times, CWG expressed its pride at having played a major role in UBA’s double recognitions; revealing that the technology with which the bank got the recognition is powered by CWG, the Pan-African Information and Communication Technology Company.
“Today, we yet again stand proud, with UBA, one of the foremost banks in Nigeria, who is also our partner and customer; as they are adjudged winner in two categories of Process Innovation and Project Management. We are elated that our team at CWG Plc provided the technology which got them these awards,” said James Agada, chief executive officer of CWG in the statement.
United Bank for Africa Plc has received the two global recognitions for using cutting-edge technology to provide simple and convenient banking services to its customers.
The bank won the ‘Award for Process Innovation’ on account of its innovative approach to transaction authentication and reconciliation.
Meanwhile, the award for ‘Project Management Innovation’ is as a result of UBA implementing a “multi country migration” of Finacle banking solution using the clustered rollout concept.
The awards were keenly contested for by financial institutions with over 160 nominations received from across different banks in 94 countries globally.
Infosys provides business consulting, information technology and outsourcing services to financial institutions across 19 countries.
It is a renowned IT company and has built the world’s biggest corporate training facility in Mysore.
This indeed is a testament to the great strides being made by Nigeria’s indigenous IT firm, CWG Plc, as they live up to their promise of consistently providing Tech-driven solutions that enable growth.