Aurionpro Solutions' iCashpro Platform Goes Live at Commercial Bank of Ceylon
Aurionpro Solutions' iCashpro cash management platform has gone live at Commercial Bank of Ceylon, Sri Lanka. This partnership aims to enhance CBC's corporate and institutional banking capabilities through digital transformation. Future phases will include liquidity management and virtual account management.
The successful implementation of the iCashpro platform at a bank in Sri Lanka is a significant achievement that demonstrates Aurionpro's capabilities in the banking technology sector and could lead to further business opportunities. However, the direct financial impact is not quantified in this announcement.
The announcement details a successful platform go-live and partnership, which is a positive development for Aurionpro Solutions, indicating business growth and successful implementation of their technology.
Aurionpro Solutions Limited announced the successful go-live of its next-generation cash management platform, iCashpro, at Commercial Bank of Ceylon (CBC), Sri Lanka. This implementation is a significant step in CBC's digital transformation, aimed at enhancing its corporate and institutional banking services.
The partnership involves the deployment of Aurionpro's payments and portals stack within the iCashpro platform, forming the basis for a complete modernization of the bank's cash management systems. Subsequent phases will include liquidity management, post-dated cheque (PDC) reporting, and virtual account management, to provide a unified, end-to-end digital experience for corporate clients.
With the iCashpro payments functionality now live, CBC can offer increased speed, security, and control to its corporate clients, while simultaneously improving operational efficiency and scalability. This deployment underscores CBC's dedication to innovation and customer-centricity, reinforcing its position in Sri Lanka's banking sector.
S Prabagar, Chief Operating Officer at Commercial Bank of Ceylon, stated, "We are pleased to partner with Aurionpro Solutions as we continue to strengthen CBC’s digital banking capabilities. This go-live is an important step in CBC’s stated focus on digital transformation and customer-centric banking, strengthening its cash management foundation for scale." Poonam Puthran, EVP & Head of Transaction Banking Group at Aurionpro Solutions, added, "We are proud to partner with Commercial Bank of Ceylon as they modernize and scale their cash management franchise. This go-live is a strong validation of Aurionpro’s vision to lead the next wave of cash management banking with intuitive tech and IP-led platforms."
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Aurionpro Solutions Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Aurionpro Solutions Limited. Read the original for the full detail.