Complete Core/Islamic Banking Solution

PROJECT: Complete Core/Islamic Banking Solution

TECHNOLOGY FOCUS: Enterprise Applications

INDUSTRY: Banking & Financial Services

7 branches for the 1st phase

  •  ITS Solution Software Components:
    •  
     - Core Banking System: Relationship Information Management (RIM), Financing Accounts, Deposits Accounts, General Ledger (GL), MIS Reporting
     
     - Islamic Banking: Murabaha, Murabaha LC, Financing Ijara, Istisnaa, Mudaraba, Musharaka
     
     - Branch Automation: Total number of branches in-scope for this project is 7 branches including Head Office to handle the following business activities: Account Opening & Services (AOS), Financial Teller Services (FTS), Signature Verification
     
     - Data Migration: Development of a tool to migrate the following data from the current existing Bank systems – CIF, Current & Saving Account, Old Murabha
     
     - Other Solution Components: IFX (Interactive Financial Exchange), Databases: Oracle, SQL