The Caribbean's Premier Banking Advisor

Transforming
Banking
Systems

Independent, vendor-agnostic management consulting for banks, credit unions, and cooperativas across the Caribbean, USVI, BVI, and Latin America. We help you select the right technology, design the ecosystem, and stay with you through go-live.

Strategy-Led Client-First Vendor-Agnostic
Our Services View Experience
Markets Caribbean USVI & BVI Latin America North America
30+
Core banking & digital transformation implementations
$20B+
USD in client portfolio assets under advisory
40+
Financial institutions served across the region
5
Offices — Puerto Rico, T&T, DR, Miami, Mexico City
"The Caribbean deserves boutique-quality banking advisory — independent minds, regional expertise, and a commitment that outlasts go-live."
Deep Caribbean Roots
Headquartered in Puerto Rico. Active presence in USVI, BVI, T&T, Barbados, Jamaica, Cayman Islands, and the Dominican Republic.
Truly Independent
No vendor relationships that influence our recommendations. Your institution's interests are the only interests we serve.
Agile at Every Scale
From cooperativas with $50M in assets to banks managing $20B+ portfolios — we deliver with the same senior-team attention to every engagement.
Who We Are

Independent Advisors.
Fully Aligned with You.

T23 is an independent management consulting firm. We are not here to sell you software. We help you select the right technology for your institution, design the ecosystem, build the implementation roadmap, and stay with you through go-live and beyond.

Business Process Modeling (BPM) & Business Process Design
Productivity & Efficiency Analysis
Core System Selection & Evaluation
Independent, Vendor-Agnostic Advisory
Post-implementation Support & Knowledge Transfer
Our Offices
Puerto Rico (HQ)
Trinidad & Tobago
Dominican Republic
Miami, Florida
Mexico City, Mexico
Caribbean & Island Markets
USVI BVI Puerto Rico Barbados Trinidad & Tobago Jamaica Cayman Islands Bermuda St. Kitts & Nevis
Our Edge

Large enough to handle complex projects, yet agile enough for personalized support. Senior-team engagement on every project — not just at the pitch stage.

T23
What We Do

Full-Lifecycle Transformation Services

We work across the full transformation lifecycle — strategy through go-live and post-support — so you never have to hand off to a team that doesn't know your institution.

Core Banking Implementation
Vendor selection, system design, configuration, and go-live management across all major platforms.
Digital Transformation
Omnichannel experiences, customer 360, onboarding & engagement for modern banking institutions.
Process Reengineering
Streamlining operations, increasing efficiency, and enabling automation across banking workflows.
Compliance, Risk & Regulatory
Aligning with OCIF, ECCB, FATF, FinCEN, and local Caribbean regulatory requirements from day one.
Project Governance & PMO
Delivering transformation programs with structure, transparency, and traceable milestone governance.
Cloud & API Strategy
Supporting composable banking, integration layers, and modern open architecture for future-ready institutions.
T23
Our Delivery Philosophy

Strategy-Led. Client-First.
Vendor-Agnostic.

Every engagement begins with your institution's goals — not a vendor's product catalog.

Independence
Fully Aligned with Your Interests
We are not here to sell you software. Every recommendation we make is grounded in your institution's specific needs — not a vendor's sales quota.
Agility
Purposefully Agile, Future-Ready
We design solutions that move fast, remain flexible to change, and are built to scale without sacrificing compliance or long-term viability.
Innovation
Progressive & Innovation-Focused
Composable architecture, open banking, AI readiness — we help you stay ahead of the curve and prepare Caribbean institutions for what's next.
Regional Expertise
Trusted Partner, Island-Born Perspective
We understand the regulatory, cultural, and operational realities of banking in the Caribbean — from USVI and BVI to T&T and Barbados.
Our Process

How We Deliver Transformation

A hybrid Waterfall-Agile model — structured milestones, strong governance, and the flexibility to adapt as your priorities evolve.

1
Define & Assess
Map current state, identify gaps, and define target architecture for your digital banking ecosystem.
2
Recommend & Select
Objective, vendor-agnostic technology scoring and partner recommendation tailored to your institution.
3
Design the Vision
Architect an integrated, compliant, and scalable banking ecosystem aligned to regulatory requirements.
4
Accelerate Go-Live
Drive implementation, manage change, and deliver a successful transformation — on time, on budget.
T23
Project Experience

30+ Implementations Across the Region

Our clients range from digital-first fintech startups to established banks and credit unions managing portfolios exceeding USD $20 billion — across the Caribbean, Latin America, and North America.

30+
Core banking implementations
$20B
In client portfolio assets
10+
Caribbean island markets
40+
Institutions served
Jewel Bank
Bermuda
Mambu implementation for digital asset banking — connecting custody, wallets & transactions to a modern core platform.
Digital Assets
Caribe Federal Credit Union
Puerto Rico
Full Finastra core replacement with complete system migration and go-live support.
Core Banking
FirstBank
Puerto Rico
Digital Banking + CRM with InfoCorp + Instant Issuance integration across the full branch network.
Digital Channels
VBT
Cayman Islands
Olympic Core implementation for banking and trustee services in a complex regulatory environment.
Core Banking
Oriental Bank
Puerto Rico
Instant Issuance Debit & Credit with Push Provisioning to Apple Pay and Google Pay.
Cards & Payments
St. Kitts & Nevis Development Bank
St. Kitts & Nevis
Strategic advisory and technology modernization for the national development banking mandate.
Caribbean
T23
Our Clients

Trusted by the Region's Leading Institutions

From the largest banks in Puerto Rico to cooperativas in the Dominican Republic and credit unions across the Eastern Caribbean — T23 has delivered for institutions of every size and complexity.

24
Institutions served
11
Countries
6
Regional markets
Banks & Development Banks Credit Unions & Cooperativas Fintech & Capital Markets
Puerto Rico10
Banco Popular de Puerto RicoBank
FirstBank, Puerto RicoBank
Oriental Bank, Puerto RicoBank
Banco Santander, Puerto RicoBank
Zenus Bank, Puerto RicoBank
Stern Bank, Puerto RicoBank
Caribe Federal Credit Union, PRCredit Union
Puerto Rico Federal Credit UnionCredit Union
Cooperativa A/C Arecibo, PRCooperativa
EDUCOOPCooperativa
Dominican Republic6
Banco Popular DominicanoBank
Banco ADEMI, Dominican RepublicBank
Banco Vimenca, Dominican RepublicBank
Banco Múltiple Activo, RDBank
Asociación Cibao de A/P, DRS&L Assoc.
Asociación A/P La Vega, DRS&L Assoc.
Eastern Caribbean & Bermuda3
St. Kitts & Nevis Development BankDev. Bank
Jewel Bank, BermudaBank
Capital Markets Elite Group, T&TCapital Markets
Panama1
GlobalBank, PanamáBank
North America2
JIC Bank, Miami, USABank
Flexiti Financial, CanadaFintech
Latin America2
TuCash, ArgentinaFintech
GirApp, Chile / VenezuelaFintech
T23
Digital Banking Ecosystem

From Core to Edge

FinTechs and BigTechs are capturing Caribbean market share through digital agility. We help institutions design and execute a full-stack ecosystem strategy, from the core banking system out to every customer-facing capability.

Ecosystem Map
Customer Onboarding & KYC Credit Decisioning Compliance & Fraud Payments Infrastructure Matera Card Issuance Crypto / Stablecoin Accounting System Core Banking System FOUNDATION nextcore INTEGRATION LAYER · API MIDDLEWARE
The Integration Layer

The integration layer is where the ecosystem becomes a platform, and it is T23's core discipline. We act as the single integrator across the entire stack, connecting the core banking system to every surrounding capability and uniting best-in-class solutions into one coherent whole. Our expertise spans the functional, technical, and development dimensions of the work in equal measure, so nothing is lost in the gaps between vendors. The result is a turnkey solution: a fully integrated platform delivered ready to operate, not a set of parts left for your team to assemble.

Representative platforms across the ecosystem. T23 is independent and vendor-agnostic.

Meet the Team

Senior Advisors. Every Engagement.

At T23, you work with the people who built the practice — not a junior team deployed after the pitch. Our senior advisors bring decades of Caribbean and LatAm banking implementation experience to every engagement.

IB
Israel Bravo
CEO & Managing Principal
20+ years leading core banking transformations across the Caribbean, Latin America, and North America. Deep expertise in vendor selection, ecosystem design, and go-live delivery for banks, credit unions, and cooperativas.
Core Banking Ecosystem Design Caribbean Digital Assets
MR
Magdalís Rodríguez-Ruiz
Senior Advisor, Compliance & Operations
Regulatory strategy and compliance operations specialist with hands-on experience across OCIF, FinCEN, and Caribbean AML/BSA frameworks. Lead advisor on licensing, workflow design, and regulatory submissions.
Compliance AML/BSA Operations Licensing
MC
Martín Cativa
Senior Advisor, Technology & Architecture
Enterprise architecture and API integration specialist with deep experience designing composable banking ecosystems. Led technical delivery on core banking migrations and digital channel implementations across the region.
API Strategy Architecture Integration Cloud
Our Markets

Island-Born Expertise. No Global Firm Matches It.

We operate where the big firms don't have boots on the ground. Our advisors know these regulators, these banking landscapes, and these institutions from the inside.

🇵🇷
Puerto Rico
Regulator: OCIF & Federal Reserve
HQ market. Deep relationships across commercial banks, credit unions (cooperativas), and federal credit unions. Extensive track record with OCIF licensing, BSA/AML compliance, and digital banking deployments.
Clients include Banco Popular, FirstBank, Oriental Bank, Caribe Federal, EDUCOOP & 15+ cooperativas
🇻🇮
U.S. Virgin Islands
Regulator: DISB & Federal Reserve
Unique jurisdiction combining U.S. federal oversight with island-specific operational realities. T23 understands the constraints facing USVI financial institutions and the opportunities in digital banking modernization for this underserved market.
Active advisory engagements in St. Thomas and St. Croix financial sector
🇻🇬
British Virgin Islands
Regulator: FSC BVI
Offshore banking center with unique regulatory requirements under the FSC BVI. T23 advises on core system selection and compliance frameworks suited for BVI's trust, private banking, and international financial services landscape.
Advisory experience in international banking and trust company modernization
🇹🇹
Trinidad & Tobago
Regulator: Central Bank of T&T
Active office in Port of Spain. T23 has delivered engagements for T&T's major financial institutions and credit unions, with deep familiarity with CBTT guidelines and the Eastern Caribbean regulatory environment.
Includes Capital Markets Elite Group (CMEG) and active credit union engagements
🇩🇴
Dominican Republic
Regulator: SB & IDECOOP
Active office in Santo Domingo. Extensive cooperativa and commercial bank advisory experience. Deep knowledge of DR cooperative sector (FENCOOP, AIRAC, CONACOOP) and banking modernization under SB regulation.
Includes BPD, Banco ADEMI, Asociación Cibao, La Vega, and 6+ cooperativas
🇲🇽
Mexico
Regulator: CNBV & Banxico
New office in Mexico City. Expanding advisory practice targeting Mexican banks, Sofipos, and fintech institutions navigating core modernization under CNBV's digital banking regulatory framework. Focus on SPEI integration and open banking strategy.
Active engagements in core banking RFI advisory and fintech regulatory positioning
Insights & Thought Leadership

Intelligence from the Field,
Not the Boardroom

Original perspectives on banking transformation in the Caribbean, USVI, BVI, and Latin America — from advisors who have done the work on the ground.

Featured Report
The State of Core Banking in the Caribbean: 2026 Modernization Outlook
Over 60% of Caribbean financial institutions are running core banking systems more than 15 years old. As digital-native competitors and fintech players enter island markets, the window for modernization is narrowing. T23's 2026 outlook covers the technology landscape, vendor readiness, and regulatory shifts shaping transformation decisions from Puerto Rico to Barbados.
T23 Group · June 2026 Read the report →
Key Finding
67%
of Caribbean institutions surveyed are actively evaluating or mid-process on a core banking replacement — the highest rate recorded in the past decade.
30+
Institutions surveyed
8
Caribbean territories
USVI & BVI
Digital Banking in U.S. and British Virgin Islands: Regulatory Landscape and Opportunity Map
Two jurisdictions. Two regulatory frameworks. One underserved market for modern banking infrastructure. A T23 field guide to USVI and BVI financial services modernization.
May 2026 · 8 min read Read →
Stablecoins
Why Caribbean Banks Should Take Stablecoin Settlement Seriously in 2026
Cross-border remittances are the lifeblood of Caribbean economies. Stablecoin rails are now fast, compliant, and cost-effective. Here's what island-territory banks need to know before fintechs own the corridor.
April 2026 · 6 min read Read →
Cooperativas
Modernizing the Cooperativa: A Practical Roadmap for Caribbean Credit Unions
Cooperativas and credit unions face a dual pressure: member expectations for digital banking and legacy core systems that weren't built for it. T23's practical modernization framework for institutions from $50M to $2B in assets.
March 2026 · 10 min read Read →
AI & Banking
Agentic AI in Caribbean Banking: From Hype to First Deployments
The conversation has moved from "should we explore AI" to "where do we deploy first." T23 maps the five highest-ROI AI use cases for Caribbean financial institutions in 2026 — from fraud detection to loan origination.
February 2026 · 7 min read Read →
Technology Partners

Working with the Best Platforms.
Recommending Only What Fits.

T23 maintains working relationships with the leading platforms across every banking layer — so our recommendations are grounded in real implementation experience, not brochure knowledge.

Mambu
Finastra
Temenos
Technisys
Olympic / ERI
Veritran
Backbase
Jack Henry
Sumsub
MeridianLink
Galileo
Infocorp
Global Radar
PortX
Dynamics 365
Client Perspectives

What Our Clients Say

From cooperativas in Puerto Rico to development banks in the Eastern Caribbean — institutions that have worked with T23 on their most critical transformation projects.

T23 brought a level of regional knowledge and vendor-agnostic thinking that we couldn't find anywhere else. They understood our regulatory environment from day one and stayed with us through every challenge of go-live.
Senior Executive
Chief Operations Officer
Caribbean Credit Union · Puerto Rico
What sets T23 apart is that they genuinely don't have a dog in the vendor fight. Every recommendation came with a clear rationale tied to our institution's specific needs — not a software relationship. That independence is rare and invaluable.
Banking Executive
Chief Digital Officer
Commercial Bank · Dominican Republic
We selected T23 specifically because of their hands-on Caribbean experience. The team understood the nuances of our market, our regulators, and our member base in a way that no mainland consulting firm ever has.
Development Bank Leader
President & CEO
Development Bank · Eastern Caribbean

Start with a 30-Minute Discovery Call

Tell us where you are in your transformation journey. Whether you're at the strategy stage or already mid-implementation and need a second opinion — we'll give you a straight, no-obligation assessment of your options.

📅   Schedule a Discovery Call Send Us a Brief
⏱ 30 minutes · No commitment · Senior advisor on every call
📍 Puerto Rico · USVI · BVI · T&T · DR · Mexico City · Miami
Let's Work Together

Ready to Transform
Your Institution?

Whether you're selecting a new core banking platform, designing a digital ecosystem, or exploring AI and digital asset capabilities — T23 is the independent advisor you want in your corner.

Get in Touch Visit group23.com
Puerto Rico · USVI · BVI · Trinidad & Tobago · Dominican Republic · Miami