February 10, 2022
The Bank of Namibia, the central bank of the country, has selected SQL Power, a financial regulatory and analytics technology company, to provide its supervisory platform SQL Power Suite for digital transformation, according to a press release.
The suite will help automate processes such as registration and data collection in the supervision department, payment and settlement department and exchange control division.
"The Interdepartmental Project will improve the work environment and place high-tech resources and expert digital skills at our disposal to carry-out our day-to-day activities. This change improves our work environment, improves efficiency, and improves tracking and delegating of responsibilities in our processes," Leonie Dunn, deputy governor of the Bank of Namibia, said in the release.