Aurionpro Solutions powers cash management upgrade at CBC

By Vriti Gothi

Aurionpro Solutions has successfully gone live with its next-generation cash management platform, iCashpro, at Commercial Bank of Ceylon (CBC), marking a key step in the Sri Lankan lender’s efforts to modernise its corporate and institutional banking operations.

The deployment includes Aurionpro’s payments and digital portal capabilities, forming the foundation for a broader transformation of CBC’s cash management infrastructure. Future phases are expected to expand functionality to liquidity management, post-dated check reporting, and virtual account management, creating an integrated digital environment for corporate clients.

With the payments module now operational, the bank aims to provide faster transaction processing, enhanced security controls, and improved visibility for corporate users, while increasing operational efficiency and scalability internally.

The implementation reflects a broader trend across emerging markets, where banks are investing in modern transaction banking platforms to meet rising demand from corporates for real-time visibility, automation, and digital self-service. Upgrading cash management infrastructure is increasingly seen as critical for retaining high-value corporate relationships and supporting cross-border trade and treasury operations.

Prabagar Sellathurai, Chief Operating Officer at Commercial Bank of Ceylon PLC, said the go-live represents “an important step in CBC’s stated focus on digital transformation and customer-centric banking, strengthening its cash management foundation for scale.” He added that the implementation was delivered smoothly and on schedule, reinforcing confidence in the platform’s ability to support long-term growth.

Poonam Puthran, EVP and Head of the Transaction Banking Group at Aurionpro Solutions, said the deployment brings iCashpro’s payments capabilities to CBC’s corporate clients, enabling faster and more secure transaction experiences while supporting high-volume, always-on processing environments.

The development builds on CBC’s recent investments in digital infrastructure as the bank seeks to strengthen resilience and expand its corporate banking franchise in a market where transaction banking is becoming a key competitive differentiator.