QIB, Sybase sign pact on integration solutions
| 07 October 2003 DOHA: The Qatar Islamic Bank has signed a contract with Sybase-Middle East, a global leader in delivering enterprise software and services, for middleware and integration solutions. The contract was signed by Yahia Al Batrawi, QIB assistant general manager, branches & info-tech, and Tony Al Ashqar, Sybase regional sales manager, in presence of Rashed Al Kobaissi, QIB executive manager for Info-tech & automated services, and Yves Khoneisser, Sybase professional services manager – Middle East. The proposed middleware will provide the bank with full integration of front- and back-end systems, says Al Batrawi on this occasion. It will allow QIB to acquire the top-edged banking technology, based on a board-approved strategy that stipulates that development of banking technology infrastructure is the most proper access to ensure the best customer services. Al Kobaissi stated that the expected benefit from Sybase advanced solutions lay in enabling the bank to service its customers efficiently. The Qatar Islamic Bank, which pioneered the Islamic banking experiment in Qatar, is one of the largest Islamic financial institutions in the Middle East with an asset base that exceeds QR5bn ($1.4bn) and $4.7bn of investments. It extends it electronic banking services through a large network and is currently working on a large project to raise to 116 the number of tellers besides other electronic branches that serve customers round the clock. The solution chosen by QIB relies on Sybase Financial Fusion middleware that integrates the back end systems such as the core banking system, trade finance, Switch system, with front end systems and customer touch points such as branch automation, internet banking, call center and phone banking.
© The Peninsula 2003 |
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