JMR Infotech, a company committed to digital transformation, has recently become a Service Member of the Caribbean Association of Banks (CAB). This move underscores JMR Infotech’s dedication to aiding banks and financial institutions in the Caribbean with their digital evolution.
Expanding Reach Through CAB Membership
JMR Infotech operates regional delivery centres in Bogotá, St. Kitts, and Jamaica. With this new alliance, the company plans to expand its service offerings and capabilities to better meet the needs of financial institutions across the Caribbean through tailored solutions.
Global Expertise for Local Needs
JMR Infotech brings its extensive global banking expertise to the Caribbean, focusing on modernizing core systems via cloud-ready platforms. The company also aims to enhance AI-powered capabilities with features such as smart automation, predictive analytics, and intelligent decision-making.
In addition, JMR Infotech will work towards improving regulatory and risk compliance for CAB member institutions, ensuring adherence to both regional and international standards while driving the development of digital-focused customer experiences. This includes simplified onboarding processes, efficient product launches, and optimal service delivery.
With a proven track record in over 75 countries, JMR Infotech is committed to collaborating with CAB members to develop scalable, cost-effective, and innovative transformation journeys that are aligned with the Caribbean’s unique operational and regulatory environment.
In a statement about this strategic partnership, Jayafar Moidu, Founder & CEO of JMR Infotech, emphasized that joining CAB aligns with the company’s mission to offer digital solutions that keep pace with evolving market conditions. He highlighted JMR Infotech’s dedication to supporting growth and resilience among banks and financial institutions in the Caribbean.
Following this significant move, JMR Infotech announced successful implementation of OFSAA FCCM at Coopbank, marking a major step forward in enhancing compliance, reducing risk, and upgrading technological infrastructure for future development.
