This centralisation is referred to as the Oberon project. Entelect engaged with the Absa CIB department to redevelop their corporate loan pricing tools throughout Africa from previously managed Barclay’s IP into a new central pricing engine within Absa’s domain.

Absa in collaboration with Entelect, created a centrally managed web-based version of their loan pricing tools.

The aim of the tool is to not only consolidate the different product houses across the bank into a single system but to allow for easier cross-selling between these product houses in order to optimise sales and returns at a portfolio level.