Tuesday, July 28, 2026
Google search engine
HomeFinanceBankingSBM bags Gold at the Infosys Finacle Innovation Awards 2026

SBM bags Gold at the Infosys Finacle Innovation Awards 2026

SBM Tower, Port-Louis, July 24: SBM Bank (Mauritius) Ltd has bagged the Gold Award in Corporate Banking Innovation during the Infosys Finacle Innovation Awards 2026 for its project to integrate Bloomberg’s multi-asset risk management system (MARS) with its financial platform (‘Treasury’).

Deemed a cut-throat competitive initiative, there was an excess of 500 nominations spanning across nine categories on a global scale, where this distinction rewards an approach geared towards useful innovation, combined with an ability to strengthen performance while creating sustainable value.

Chief Information and Digital Officer at SBM Bank (Mauritius) Ltd, Samir Matabudul commented, “Behind this success are teams that were able to transform complexity into opportunity, combining expertise, collaboration and execution requirements to deliver a high value-added solution. Thanks to Infosys Finacle, SBM Bank has also modernized its operations with more automation, better connectivity between systems via the Application Programming Interface, and more fluid and efficient key processes, at the service of performance and customers.”

Beyond the technology dimension, this evolution showcases a significant step in the way the bank serves its patrons, enabling smooth risk management and market positioning while stimulating the launch of new market solutions. It also buttresses SBM Bank’s ability to evolve with agility by integrating seamlessly with major international trading platforms, lying at the heart of global financial dynamics.

This new distinction helps position the SBM Bank among the most innovative at the global scale while strengthening its transformation path, armed with clear-cut objectives: Leveraging more agile, connected, and resolutely oriented solutions to the evolving needs of its customers.

The award bagged by the bank signifies an ecological character. In the context of the initiative, Trees for the Planet” by Infosys, this distinction has enabled the planting of 50 fruit trees, contributing directly to farmers’ livelihoods.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
WIA Initiative

Most Popular

Recent Comments