BANIF Financial Group

The BANIF Financial Group is currently a market leader in Madeira and the Azores. It is expanding its business both in mainland Portugal as well as within Portuguese communities abroad. Simultaneous with this growth, the BANIF Financial Group is extending its international activities, with its global network of over 4,500 employees, 450 branches and more than one million clients, spread out over 14 countries in four different continents.

BANIF Bank

BANIF Bank was founded on January 15, 1988. Today it has become a strongly established bank throughout the Portuguese financial sector. With more than 20 years of activity, BANIF Bank employs over 2,000 people in 260 branches. BANIF Bank offers its personal and corporate clients a comprehensive range of banking products and services, which is continually adjusted to meet market needs.

Pre-existing situation & UTCFS’s role

Due to the expansion of its business and the increase in its number of branches, v Bank sought to adopt a centrally monitored, controlled and networked intrusion detection system. UTCFS offered a solution that would provide improved cost efficiency while delivering greater control in a fully integrated way.

UTCFS’s solution

UTCFS provided BANIF Bank with a tailored solution, in cooperation with TESEL, the preferred installer. Over 100 BANIF Bank branches are currently equipped with this solution. The system consists primarily of ATS Master control panels. Over 100 of these control panels have been installed, which allow all the security modules of BANIF Bank to be managed in an integrated way. With this integrated solution, it is now possible for users to easily switch between different branches for arming and disarming, whether manually or automatically, locally or remotely, via BANIF’s security headquarters. BANIF’s goal has always been to protect its clients, employees and businesses more effectively, and UTCFS’s ATS Master based solution is a major step forward towards achieving this objective.