Nigeria: Sterling Bank launches Omni X platform, targets corporate clients, others

Sterling Bank Plc. has launched an integrated investment and liquidity management platform, Omni X, in its bid to improve banking experience for non-bank and other financial institutions, corporate clients, UHNIs (ultra-high net worth individuals) and HNIs (high net-worth individuals).

Omni X, which presents the bank’s wide range of digital products and service offerings to users, is configured to enable businesses to invest and raise seamlessly to complement Sterling Bank’s existing corporate internet banking platform.

The Executive Director, Corporate and Investment Banking, Sterling Bank, Mr Yemi Odubiyi, who disclosed this in a statement issued by the bank 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, highlighted that Omni X would provide convenience to corporate clients by expediting financing decisions, speeding up transaction processing times, automating investment processes, while minimising the incidence of human errors associated with manual processing to improve customers’ experience and drive business productivity; dovetailing into profitability for users.