Oman’s Bank Muscat refreshes on TCS Bancs core system
System will be used for its fund and investment operations.
System will be used for its fund and investment operations.
Oman Arab Bank (OAB), a long-standing customer of Finastra (formerly Misys), is implementing the Fusionbanking Essence core banking system. It will replace Misys’ Equation platform, in operation at the bank for over three decades.
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.
Oman’s Bank Muscat has installed tech firm Charles River’s investment management solution for its asset management business in the Arabian country, which covers equity and fixed income.