Banco Formosa:

The impact of an innovation community on a bank’s Strategy

 

 

Banco Formosa embarked on a comprehensive transformation process to modernise its technological infrastructure, bringing it into line with the demands of today’s financial sector. Since 2019, with Bantotal as its core banking system, the bank has evolved, not only optimising its internal operations but also strengthening its ability to offer innovative products and services to its customers.

Thanks to integration with Bantotal’s innovation ecosystem, BStore, Banco Formosa has been able to incorporate specialised solutions that enhance the customer experience and enable efficient, continuous operations, available 24/7.

 

 

Banco Formosa

Customers: +370.000

Country: Argentina

Solution: Bantotal Platform – Core, Regulatory Reports, BPeople, BData, BPay

 

 

“One of the platform’s major strengths is that it is highly integrable, can handle heavy workloads, and offers a wide range of modules to meet any of the bank’s needs.”

Facundo Gaspar, IT Manager at Banco Formosa

 

Collaboration for innovation

Facundo Gaspar, Systems Manager at Banco Formosa, explains how collaboration with Bantotal and the platform’s ongoing development enable the creation of innovative solutions aligned with the bank’s strategy.

 

 

Strategically Synergistic

In October 2022, Facundo Gaspar was a keynote speaker at the Bantotal Meetup Peru event. During his talk, entitled “The impact of the innovation ecosystem on a bank’s strategy”, he shared his experience of working with Bantotal and highlighted how the platform has been instrumental in the bank’s technological transformation.

 

 

 

Success stories

If you found this case study interesting, click below to see other related ones.

MAF Perú

MAF Peru is undergoing a technological transformation with the implementation of the Bantotal banking platform and its specialized solution for vehicle loans, enabling the company to develop a scalable, modern embedded finance model.

VIEW CASE

Banco Contactar

Contactar Bank, a leading microfinance institution in Colombia, has taken a decisive step towards the future by implementing Bantotal as its banking platform.

VIEW CASE

Sudameris

On 3 July 2023, the technological merger between Banco Sudameris and Banco Regional was finalised. This process began in October 2022.

VIEW CASE

Supervielle

The refactoring project involved migrating to a more modern architecture, consolidating services and streamlining operations.

VIEW CASE

Sabadell

Banco Sabadell México is consolidating its growth and digital strategy with the support of Bantotal, the banking platform that has been with the bank since its inception in 2016.

VIEW CASE

Financiera Efectiva

The implementation of Bantotal at Financiera Efectiva was key to establishing a solid foundation for its core business, enabling it to optimise the management of its products.

VIEW CASE

Banco de la República Oriental del Uruguay

The Banco de la República Oriental del Uruguay has become more flexible and agile in handling its operations through the Bantotal Banking Platform.

VIEW CASE

Banco Formosa

Thanks to integration with Bantotal’s innovation ecosystem, BStore, Banco Formosa has been able to incorporate specialised solutions that enhance the customer experience.

VIEW CASE

Santander Consumer Perú

Santander Consumer Peru was looking to replace its legacy system, which was limiting its growth and hindering integration with modern tools. They needed a scalable, flexible and secure solution that would enable them to optimise processes and expand their operations.

VIEW CASE

Santander Consumer Uruguay

MiAuto is a company within Grupo Santander Uruguay whose primary objective is to manage the entire vehicle financing process.

VIEW CASE

 

Explore our solutions