Case Study: The Co-operative Bank of Kenya boosts profits by 31% with Misys FusionBanking Essence

Co-operative Bank of Kenya boosts profits by 31%

The Co-operative Bank of Kenya wanted to scale banking operations quickly to support ambitious expansion, launch new services, and serve a rapidly growing customer base. Having relied on Misys Bankmaster since 1995, the bank turned to Misys and its FusionBanking Essence platform to provide the flexibility, scalability, and processing power needed for growth.

Misys implemented FusionBanking Essence as the bank’s strategic core banking platform, with all major branches going live across 119 locations in February 2013. The solution helped the bank double transaction processing speeds, cut end-of-day processing time by 40%, expand its branch network by 40%, and increase profits by 31% in the first quarter of 2013.

The Co-Operative Bank

Gideon Muriuki

Managing Director