Given Bank of Shanghai's legacy applications were siloed by a line of business, retail and corporate, this provided the opportunity to move each line of business to the new Temenos Transact system independently of one another.
NCBA went live in 5 months because they were able to launch so quickly, they massively exceeded their business case targets. In the first 3 weeks, they onboarded more than 850,000 customers, and processed over 5 million transactions.
The COVID-19 pandemic has sparked a surge in demand for liquidity among SMEs keen to get back on track and reach new customers. Al Ain Finance is on hand to help businesses in the UAE to continue to thrive with simple, tailored financing solutions.
Cloud & SaaS, Core Banking, Corporate Banking, Country Model Banks, Digital Front Office, Small Business Banking