Success stories – Laskaris Finance Ltd

Laskaris is aiming to be an up and coming European-based challenger bank for high net-worth individuals and medium to large sized corporations. Laskaris’ mission is to present a highly reformed banking experience with technology at the heart of its offering.

In order to further position itself for success, Laskaris required a state-of-the-art digital core banking platform and a vendor with local market expertise. Temenos’ model bank approach was selected to enable the Bank to launch in record time, with functionality pre-configured to meet the regulations and requirements of the EU market.

Laskaris is in the process of applying for a banking licence under the European Central Bank (ECB) and Malta Financial Services Authority (MFSA).

Stoics-IT teamed with Temenos to deliver based on an aggressive plan the requested functionality that covered Temenos Transact, payments, Financial Crime Mitigation (FCM) screening engine and provision of restAPIs to support Laskaris channel offering from a third party vendor. Both Client and Stoics IT teams worked together in achieving project objectives within the time frames agreed.