Banking infrastructure for Nigerian institutions.
Core integrations, virtual accounts, and payment rails, operated by a SystemSpecs Holdings company since 1992.
OVERVIEW
Built alongside the banks that use it.
STSL has shipped banking infrastructure for tier-one and tier-two Nigerian institutions for over a decade. Our work sits inside core banking integrations, payment switching, virtual account services, and the operational tooling that holds them together. We build to bank-grade SLAs because that is the only standard that clears procurement.
CAPABILITIES
What we operate for banks.
Virtual accounts
Multi-bank virtual account issuance riding on CBN-licensed financial institutions. Programmable references, settlement reporting, and reconciliation built for treasury and operations teams.
Payment APIs
A consolidated API surface for airtime, data, utilities, bills, transfers, and cards. One contract and one integration replaces a dozen direct connections.
Core banking integration
Adapters and middleware for Finacle, Flexcube, T24, and proprietary cores. Built and supported by engineers who have done the work in production.
Lending infrastructure
Origination, scoring, disbursement, and collections rails for retail and SME lending products run by banks and their partners.
Identity and onboarding
BVN, NIN, and KYC orchestration with document capture, liveness, and audit trails ready for regulator review.
Operations and reconciliation
Settlement engines, exception handling, and dashboards for the teams that carry the pager when something goes wrong.
HOW IT WORKS
From discovery to production.
- Step 01
Discovery
Joint sessions with your product, engineering, and compliance teams to scope the integration and the regulatory envelope.
- Step 02
Design and contracting
Architecture, data flows, SLAs, and procurement. We move at the speed your legal and risk teams can clear.
- Step 03
Sandbox build
Engineering kick-off in a dedicated sandbox with real test data and named integration support.
- Step 04
UAT and go-live
Regulator-aligned UAT, phased production cutover, and runbooks that your operations team owns from day one.
- Step 05
Run
24/7 platform support, monthly service reviews, and a roadmap that includes your asks.
CASE STUDY
Replatforming collections for a tier-one bank.
Tier-one Nigerian bank
Challenge
A legacy collections stack was bottlenecking new merchant onboarding and forcing manual reconciliation across three back-office teams. Final client name pending comms approval per §11.
Approach
STSL deployed virtual account issuance against the bank's core, replaced the in-house reconciliation engine, and routed settlement reporting through a single dashboard the operations team owns.
Outcome
Merchant onboarding moved from days to minutes. Reconciliation exceptions dropped sharply, and the bank closed two manual workarounds in the first quarter.
- Monthly transactions cleared
- 12M+
- Platform uptime, rolling 12 months
- 99.98%
- Sandbox to production
- 4 weeks
COMPLIANCE AND SECURITY
Posture before pitch.
STSL operates inside the regulatory envelope Nigerian banks already work in. Our platforms align with CBN guidance, NDPR, and the security standards required to clear bank procurement.
- CBNAligned to current Central Bank of Nigeria guidance for payment services and core integrations.
- NDPRData handling and breach response procedures aligned to the Nigeria Data Protection Regulation.
- ISO 27001Certified across the platforms STSL operates, with annual surveillance audits.
- PCI DSSPCI DSS aligned for card-handling components; full attestation available under NDA.
- Penetration testingAnnual third-party testing with remediation reports available under NDA.
FAQS