Once the implementation is complete TBI will then embark on the second phase to add new products and services for its clients, in order to offer a complete end-to-end modern banking solution. This will enable the bank to offer next generation online and mobile banking applications that will generate new sources of revenue while building customer loyalty through an enriched omni-channel banking experience.
“As the banking sector in the Middle East continues to face new challenges, it is important for Misys to work closely with our clients; helping them to evolve and meet new requirements from changing regulation to digitisation. This deal is a perfect example of our ongoing commitment to our clients in the region, and I look forward to a successful implementation,” said Sohail Khan, Managing Director, Middle East and Africa, Misys.
Misys and TBI have worked together for the past ten years, achieving major strides in the financial sector in Iraq with TBI being the first bank to automate its banking operations. In addition, the bank introduced the market’s first ATM solutions and Visa and Mastercard offerings that earned it recognition in the form of multiple awards for trade finance.
Misys has built a vast amount of knowledge and expertise in the trade finance and financial supply chain market, with award-winning solutions from the front office through to the back office and digital channels. This enables Misys to add real value to customers and continue to be an innovator in the market.
(Source: Misys)
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