First Abu Dhabi Bank taps Broadridge to build out securities finance business
The bank has selected Broadridge’s Securities Finance and Collateral Management solution.
The bank has selected Broadridge’s Securities Finance and Collateral Management solution.
Simon Thorn and Neil Barrable join the group as chief compliance officer and chief credit officer.
Koc Group has held a stake in the Istanbul-based full-service bank since 2005.
Banking-as-a-Service and Risk-as-a-Service have been cited as two “potential areas of collaboration”.
Longhini joins from Edmond de Rothschild where he was CEO of private banking.
Suhail Bin Tarraf joins from Emirates Islamic Bank, where he was COO for five years.
A number of legacy banks in Dubai have launched digital-only services this year.
Klip uses QR tech to enable contactless payments.
The deal entails using Avaloq’s business process-as-a-service (BPaaS) systems.
The consolidation of FGB and NBAD systems is now complete.
First Abu Dhabi Bank is “setting the standard for financial crime compliance in the Middle East”.
First Abu Dhabi Bank, the new entity created as a result of a merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD), is to centralise its operations on Temenos’ T24 core banking system. The new platform will support the bank’s conventional and Islamic banking operations across the board (retail, corporate, investment […]