South African bank implements LogicaCMG system

Standard Bank in South Africa is replacing legacy payment systems across its corporate and investment banking business globally with a system from LogicaCMG.

Standard Bank in South Africa is replacing legacy payment systems across its corporate and investment banking business globally with a system from LogicaCMG.

The LogicaCMG All Payments Solution (LAPS) will consolidate payments systems and become the first global roll-out of the LogicaCMG's High Care payments system, which is designed to be highly configurable and rules-driven.

The bank, which operates in 38 counties, said, "LAPS High Care's multi-entity capabilities will support a gradual migration of our existing legacy systems, adapting to each local business environment, while providing the ability to deliver high quality processes and consistent standards across the group."




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