The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/eBkDQ86z #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/egTD6U6J #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/eW5KCkxS #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/gPH4mjkz #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/eRCHFEM5 #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/dCCGDH_P #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/dwvhG_fk #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/d5DKmWZ2 #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/dAQEgG8a #VoiceOfCustomer
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The question for Banque Internationale à Luxembourg (BIL) was: what is the best route to developing new services and bringing them to market? As the oldest bank in Luxembourg, BIL had accumulated 30 years of layer upon layer of legacy technology. This compromised the bank’s ability to innovate. BIL decided to go for a 'big bang' deployment, launching Temenos #corebanking, #payments and #wealth technology on the same day. Learn how this project made BIL more customer-centric across its retail, corporate and private banking business lines here: https://lnkd.in/guutcJjh #VoiceOfCustomer Temenos Banque Internationale à Luxembourg (BIL) @PrivateBankerInternational @ABCNews @ABNAMRO @ABNAMROBankN.V.-Moneyou @ABNAMROBankN.V. @WorldNewsNetwork @WorldNewsDailyReport @WorldNewspaper @FinancialTimes @FinanceBuzz @FinancesOnline.com @CorporateFinanceInstitute
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Learn how Banque Internationale à Luxembourg (BIL) decided to completely revisit its IT landscape to enable the bank to manage higher transaction volumes, keep up with changing regulations, and drive future growth. Hear from Temenos Business Line Director – Payments Mick Fennell and BIL Head of Transformation Serge Munten on their #digitaltransformation project and the obstacles the bank faced when modernizing #corebanking and #payments capabilities here: https://lnkd.in/gv9Vmyvr #TCF2024
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Head of Events at Temenos
5moCongratulations to Serge Munten and his team at BIL. This Big bang approach to go-live with a new core, payments hub and wealth platform for 3 business lines, and on the same day, is totally amazing! Serge, it was such a pleasure to interview you and learning how you prepared for this fantastic projet! I was so impressed! Congratulations!