Equity Bank is to spend up to Sh600 million to upgrade its computer technology.
It has contracted three technology firms to provide solutions for its branch network, automated teller machine (ATM) rollouts and product diversification.
Infosys will provide the universal banking solution known as Finacle.
Hewlett Packard will offer data centre expertise and Oracle the database solutions.
To run the core banking software, Hewlett Packard will install what Equity calls a state-of-the-art data centre with enterprise systems capable of handling over 10,000 transactions a second.
This will include a comprehensive disaster recovery site focused on ensuring the integrity and availability of customer data.
"These installations will make us the first Kenyan Bank to install hard partition risk- based servers and blade server farms by embracing server consolidation and virtualisation principles," said Ken Mbwaya of Hewlett Packard East Africa. Oracle, for its part, will strengthen Equity's data security systems.
Infosys, a global software solutions and business consulting company, is listed on the technology-heavy stock market known in the US as Nasdaq, but based in Bangalore, India.
Providing details of the bank's technology project at the Serena Hotel yesterday, managing director James Mwangi said: "Our customers will enjoy, among other services, Internet banking, point-of-sale deposits, ATM services, true secure mobile banking, SMS alerts and greater customer- profiled products," said Mr Mwangi.
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"We are excited at this opportunity to provide a Kenyan bank with new generation technology to support its aggressive expansion plans," said Infosys' vice-president and head of global sales and marketing, Mr Merwin Fernandes.
Mr Mwangi added that Equity would continue to invest in new technologies to help drive its customer-based micro-finance sector.
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