Emirates Bank and Infosys Technologies (NASDAQ:INFY) today announced that they have entered into a strategic partnership to implement Finacle Universal Banking Solution as the new core-banking platform for the banking group.
The new system will be implemented across Emirates Bank International, its branches in Saudi Arabia, United Kingdom and Emirates Islamic Bank. Mr. Abdulla Qassem, General Manager Group Information Technology and Operations at Emirates Bank and Mr. Merwin Fernandes, Vice President and Business Head, Finacle signed the contract during a special ceremony attended by H.E. Ahmed Humaid Al Tayer, Chairman, Emirates Bank and Mr. Nandan Nilekani, Co-Chairman, Infosys Technologies Ltd.
...
Finacle roll out will enable the bank to consolidate its technology and operations across various platforms. The Implementation program for the new system is expected to start immediately with United Arab Emirates and rolling out to other countries in a phased manner. The new solution will also be deployed in Emirates Islamic Bank using the Finacle Islamic Banking offering.
More on AMEInfo.
- Log in to post comments