Finastra powers Belize Bank Group’s core banking modernisation

By Vriti Gothi

Finastra has partnered with the Belize Bank Group to successfully implement Finastra Essence, its cloud-native core banking platform, across Belize Bank and Belize Bank International. This milestone represents a defining moment in the Group’s regional digital transformation journey, modernising its core systems, strengthening governance, and delivering a more seamless and consistent customer experience across both institutions.

By consolidating operations under Finastra’s advanced banking infrastructure, Belize Bank Group has established a future-ready foundation that supports agility, operational efficiency, and strategic alignment across both entities. The implementation enables each institution to retain its distinctive market positioning while benefiting from shared innovation and streamlined processes.

“This transformation is about more than technology. It’s about delivering consistent, high-quality service to our customers while empowering our teams to innovate,” said Filippo Alario, Executive Chairman of Belize Bank. “With Finastra Essence, we’ve reduced IT overhead, accelerated our time-to-market, and laid the foundation for scalable, AI-ready banking services. Our IT staff are now focused on building the future of banking in the region.”

Through the adoption of Finastra Essence, Belize Bank Group enhances its ability to provide consistent service quality through high-performance digital infrastructure across regions and customer segments. Customers benefit from seamless omnichannel access to services across both digital and physical touchpoints, while cloud-based resilience ensures superior uptime and rapid recovery from disruptions. The new platform also enables faster innovation cycles, supporting the rollout of new, personalised products and empowering teams to respond swiftly to evolving market demands.

“Finastra is proud to support the Belize Bank Group in its journey toward regional transformation,” said Siobhan Byron, EVP, Universal Banking at Finastra. “By uniquely combining rich, broad and deep banking functionality with advanced technology, Essence empowers financial institutions to be agile, customer-centric, and future-ready. This deployment is testament to the Group’s commitment to innovation and excellence in banking.”