Client: Sahara Bank
Digital Banking Transformation
Sahara Bank, a leading financial institution in Libya, partnered with Triway Technologies to modernize its core banking systems, enhance digital payment capabilities, and ensure regulatory compliance. Through the implementation of ECC Interface, LyPay digital payment platform, Credit Bureau v1.20 integration, and ongoing BAU support, Sahara Bank successfully transformed its banking operations, achieving 99.9% uptime and 100% regulatory compliance.
Client Background
Sahara Bank is a leading financial institution in Libya that embarked on a major digital transformation initiative to enhance its core banking systems, customer experience, and regulatory compliance. As part of its modernization efforts, Sahara Bank collaborated with Triway Technologies LLC to implement new banking interfaces, support business-as-usual (BAU) operations, and integrate advanced data solutions using Temenos T24 core banking system.
Business Challenges
Sahara Bank faced critical operational challenges that required strategic intervention
Legacy System Limitations: Operational inefficiencies due to outdated core banking solutions (Temenos T24) and lack of real-time data processing that hindered decision-making and customer service
Need for Seamless Integration: Required a robust ECC Interface to integrate Temenos T24 core banking system with external platforms and enable Data Virtualization for real-time insights
Compliance & Regulatory Requirements: Libyan Central Bank mandated compliance with Credit Bureau v1.20 specifications for accurate customer credit reporting, including Basel III, AML, and data governance requirements
BAU Support & Performance Optimization: Needed ongoing technical support for resolving system issues, optimizing performance, and conducting quarterly health checks to maintain system stability
Our Solution
Triway delivered a comprehensive transformation through integrated solution components
ECC Interface Implementation
Developed and deployed Enterprise Command Center (ECC) Interface enabling seamless real-time banking transactions and system interoperability. The interface integrated Temenos T24 core banking system with external platforms, facilitating data virtualization and real-time insights for enhanced decision-making.
LyPay Digital Payment Platform
Successfully integrated LyPay digital payment platform into Temenos T24 Core Banking system. The platform went live without major issues, ensuring secure and efficient digital transactions, enhancing Sahara Bank's digital payment ecosystem with a scalable and secure solution.
Credit Bureau v1.20 Integration
Developed comprehensive Credit Bureau Interface for regulatory compliance with Libyan Central Bank's Credit Bureau v1.20 specifications. Implemented new credit data extraction framework from T24, mapped all required fields including loan details, guarantees, collateral, and litigation records, with error-reporting tools for proactive issue identification.
BAU Support & Health Checks
Provided ongoing Business-As-Usual (BAU) support with quarterly health check reports monitoring system performance, COB (Close of Business) processing, and real-time transactions. Addressed performance tuning, troubleshooting production incidents, and worked with Temenos support teams to resolve complex banking issues.
Technology Excellence
Core platforms deployed to deliver robust, scalable, and secure banking infrastructure
Temenos T24
Core Banking System
ECC Interface
Integration Platform
LyPay Platform
Digital Payment Processing
Credit Bureau v1.20
Regulatory Compliance Framework
Data Virtualization
Real-time Data Solutions
BAU Support Framework
System Monitoring & Support
Implementation Excellence
The transformation was executed through a carefully orchestrated program
Scope & Initiation
Requirements gathering and system architecture planning for ECC Interface project. Comprehensive assessment of integration needs and data virtualization requirements.
Phase 1Development & Testing
Core ECC interface development build and System Integration Testing (SIT). Concurrent development of Credit Bureau v1.20 integration framework and LyPay platform integration with Temenos T24.
Phase 2-3UAT & Deployment
User Acceptance Testing (UAT) and final testing to ensure full functionality. Successful go-live of ECC Interface and LyPay platform deployment into production with seamless integration.
Phase 4-6Ongoing Support
Quarterly BAU support and health checks (Q3, Q4 2024, and extended support through Feb 2025). Performance tuning, troubleshooting, and continuous system optimization to maintain 99.9% uptime.
OngoingTransformational Results
The transformation delivered measurable improvements across all key performance indicators
Operational Excellence Achieved
Maintained through quarterly health checks and BAU support
ECC Interface enabled real-time transactions and external system integrations
Performance tuning improved transaction speed and reduced processing overheads
Dedicated support team ensured continuous operations
Digital Payment Infrastructure
Successful LyPay deployment modernized digital banking at Sahara Bank
LyPay platform went live without major issues, ensuring secure transactions
Modernized digital payment infrastructure ready for future growth
Seamless integration with Temenos T24 Core Banking system
Regulatory Compliance Strengthened
Implemented Credit Bureau v1.20 integration ensuring full compliance with Central Bank requirements
Enhanced data accuracy and error-reporting tools improved regulatory standing
Mapped all required fields including loans, guarantees, collateral, and litigation records
Error-reporting tools enabled proactive compliance monitoring
Business Growth Delivered
Quarterly health checks and system support minimized downtime
Performance optimization reduced processing overheads
Smooth banking operations improved service delivery
Positioned Sahara Bank as a leading digital-first financial institution in Libya
Ready to Transform Your Business?
Let's discuss how we can help you achieve similar results with our proven technology solutions.