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Sterling introduces Omni X platform

By Guardian Nigeria
17 March 2022   |   3:35 am
Sterling Bank Plc has launched a digital platform, Omni X, which described as revolutionary.

Sterling Bank Plc has launched a digital platform, Omni X, which described as revolutionary.

The platform, an integrated investment and liquidity management platform, presents the bank’s wide range of digital products and service offerings to users, the bank said.

The solution, which is configured to enable businesses to invest seamlessly, complements Sterling’s existing corporate Internet banking platform.

Executive Director, Corporate and Investment Banking, Mr. Yemi Odubiyi, said: “Omni X is deliberately designed to offer a simple, easy and effective platform to manage the daily liquidity needs of corporates.

At a recently held focus group event for captains of industry, the Group Head, Client Coverage and Financial Institutions, Kashetolulope Lawal, noted that Omni X would provide convenience to corporate clients by expediting financing decisions, speeding up transaction processing time, automating investment processes while minimising incidence of human errors associated with manual processing to improve customers’ experience and drive business productivity.

“Omni X becomes an imperative solution for corporates across various sectors to invest and raise financing simultaneously where possible. Due to the nature of their businesses, there is time sensitivity attached to these activities and the culminating desire for an improved solution that does the most in the shortest time possible.”

Omni X also incorporates corporate account opening and other services for seamless on-boarding and transaction processing as well as solutions for investments, liquidity management and access to advisory services.

He also hinted that the platform is designed to simplify the major banking needs of businesses, investments and financing in the financial and other allied services sectors, adding that the innovation is by far more than what any other financial institution has done in Nigeria.

“Beyond the vanilla financial services that can be accessed, Omni X will allow organizations to achieve corporate account opening, manage investment and collection services, and access financing solutions including but not limited to cash backed and trade settlement loans,” Lawal said.