Jordan’s third largest lender by assets,
Jordan Ahli Bank, announced plans of deploying core banking
solution T24, from banking software vendor Temenos, at the Temenos
Community Forum (TCF) in Barcelona between 22 May and 24
May.
The decision to deploy the T24 solution is
part of a wider transformation project code-named ‘DNA’ by Jordan
Ahli Bank to “strategically transform” its operations. The
transformation will be focused on “enhanced segmentation, human
resource management, intensified sales and marketing, advanced risk
management, and a state of the art enterprise architecture”,
according to the lender.
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The agreement was signed at the TCF in
Barcelona, where CEO of Jordan Ahli Bank, Marwan Awad, said it was
Temenos’ “technological expertise and a deep understanding of the
Jordanian and Middle East markets’ local requirements and how to
fulfil these using its strong business and product configuration
tools” that primarily made the lender choose
Temenos.
“We will work progressively with partners like
Temenos to build a strong foundation for execution, based on
productised solutions which incorporate the latest standards and
best practices in the banking industry,” added Awad.
Guy Dubois, CEO of Temenos, said, “We share a
common mindset to maximise the use of standard capabilities and
processes of solutions. Open, integrated, componentised and
upgradable solutions are in our DNA at Temenos, with our aims
supported by a dedicated professional services organisation and a
strong partner ecosystem.”
Jordan Ahli Bank has 46 branches and operates
across Jordan, Cyprus, Lebanon and Palestine.
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