Ziraat Bank KSA in major core banking system upgrade with Temenos and DevisersTech
Ziraat Bank KSA, a Saudi Arabian subsidiary of Turkey’s Ziraat Bank, has completed a major upgrade of its core banking system. The bank moved from Temenos’ T24 R17 to the R24 version.
Pakistan-based DevisersTech was the delivery partner for the project, which it describes as “strategic” for the bank. “The upgrade introduces faster transaction processing, heightened security features, and improved system reliability,” the company says.
Ziraat Bank KSA and DevisersTech team up for core banking system upgrade
Established in Saudi Arabia in 2011, Ziraat Bank KSA provides retail and corporate banking services. It has been using the T24 core banking system from the outset.
Its last major upgrade took place back in 2018, when it moved from R10 to R17. It was delivered by another Pakistani tech firm, National Data Consultant (NdcTech), Temenos’ regional partner and system integrator. In 2022, NdcTech was acquired by Systems Limited.
