JMR Infotech, a leading global provider of digital transformation and banking technology solutions, is proud to announce the successful go-live of the Oracle Financial Services Analytical Applications (OFSAA) – Financial Crime and Compliance Management (FCCM) solution at Cooperative Bank of Oromia (Coopbank) in Ethiopia.
This implementation represents a critical step forward in Coopbank’s mission to enhance compliance, mitigate risk, and strengthen its technology foundation for future growth. Through this strategic partnership, the bank now operates on a unified, enterprise-wide compliance framework that delivers enhanced anti-money laundering (AML) capabilities, real-time risk monitoring, robust data security, and streamlined regulatory adherence.
The project successfully enabled the efficient validation and processing of over 14 million customer records, helping to bolster operational reliability and fraud prevention mechanisms.
Jayafar Moidu, Founder & CEO of JMR Infotech, said: “This go-live represents more than a successful deployment — it is a powerful example of how strategic partnerships can reshape compliance landscapes. Coopbank’s vision, Oracle’s innovation, and JMR Infotech’s execution excellence came together to create a scalable solution that not only strengthens AML and risk capabilities today, but also supports the bank’s digital evolution for tomorrow. We’re proud to contribute to Coopbank’s mission of building a more resilient and trusted financial ecosystem.”
