Al Baraka Bank Lebanon kicks off core banking revamp
It is a long-standing user of Misys’ (now Finastra) Equation.
It is a long-standing user of Misys’ (now Finastra) Equation.
Saradar Bank in a “big bang” go-live with new core banking tech.
Lebanon-based Société Générale de Banque au Liban makes its choice.
BLC Bank has ousted Ambit Treasury Management in favour of BML Istisharat’s ICBS.
Banque Libano-Francaise (BLF) has gone live with the Validata ABC continuous delivery platform.
Ireland-based Ubanquity Systems has signed First National Bank (FNB) in Lebanon for its digital banking software. It will “integrate wonderfully” with the bank’s existing systems, the vendor says.
Lebanon-based Blom Bank has signed for Wolters Kluwer’s flagship solution, OneSumX, for operational risk management. The project will be delivered by the vendor’s local partner, Advanced Financial Solutions. OneSumX Operational Risk “automates and simplifies” the process of collecting, storing, analysing, tracking and reporting on information relevant to operational losses, risk and control assessments, says Wolters […]
Lebanese commercial bank Al-Mawarid has begun a bank transformation project focused on mobile and online banking using the FusionBanking Essence Digital software from Misys.
Four Middle Eastern exchanges – Amman, Beirut, Tunis and Muscat – are to migrate to Euronext’s Universal Trading Platform, replacing the older NSC trading engine they are currently using.
Bank of Beirut has gone live on Misys Sophis Value platform, which the bank says will help it increase its STP rate, manage trade repository and cross-asset collateral and margin, and better interact with Lebanon’s other banks.