Banco Itau Unibanco taps KonyOne platform for mobile banking applications for 40 million users

Telecom Lead America: Banco Itau Unibanco will standardize on the KonyOne Platform to deploy mobile banking applications.

Banco Itau Unibanco

Banco Itau Unibanco, Latin America’s largest bank with more than $540 billion in assets, has around 40 million customers.

Banco Itau Unibanco plans to build a new generation of Retail Banking apps on the KonyOne Platform and will port its existing mobile apps to Kony’s platform to simplify management.

Starting in 2013, the bank plans to deploy cross-bank mobile apps for Investment Banking, Private Equity, Asset Management and Insurance. The bank will build mobile apps for its employees, to help streamline its operations and support its aggressive plans for international expansion.

“We chose to standardize on Kony after a highly detailed and extensive global evaluation process including SAP, IBM, Antenna and OpenText including side-by-side tests of different vendor offerings,” said Marcelo Fabeni, chief mobile officer, for Banco Itau Unibanco.

“Only Kony could offer us a single, scalable platform to support all our mobile apps, on any channel, in all the countries where we operate. By working with Kony, we can also get to market faster with new services because we don’t have to spend a lot of time and money writing code or managing back end integration–with Kony’s platform, we can focus on banking,” Fabeni added.

Carlos Falconi, Kony’s Vice President, Latin America, said: “With apps built on the KonyOne platform, Banco Itau Unibanco can engage with their customers and employees on any mobile channel, on any mobile device, without limitations.”

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