Intelligent CIO Middle East Issue 83 - Page 59

CASE STUDY

P

Powering commercial growth
To help Bahraini businesses thrive , the National Bank of Bahrain launched an ambitious plan to expand its treasury activities . After successfully establishing the largest customer base for retail banking in its domestic market , the National Bank of Bahrain set its sights on enhancing and expanding its treasury operations , a move that would enable the bank to play an even bigger role in the economic growth of the region .
Maha Al Mahmood , Head of Treasury Customer Service Sales Flow Business at National Bank of Bahrain , said : “ To ensure that we always deliver the same excellent level of service for businesses as we do for our retail customers , we launched a Digital Transformation project to strengthen the core systems and processes that support our capital markets operations .”
Through its Digital Transformation initiative , the National Bank of Bahrain aimed to enable higher levels of automation to improve operational efficiency and extend its offering with innovative products .
Jaffar Hussain , Head of Liquidity and Market Risk at the National Bank of Bahrain , added : “ For our ambitious project to succeed , we needed a robust and flexible end-to-end trading solution . We knew that by automating the majority of our trading operations , including price calculations , trader activity monitoring and risk management , we could provide our customers with ultra-responsive services while also achieving significant efficiency savings .”
Trading up
The solution for the National Bank of Bahrain was to enhance the treasury by upgrading to the latest version of Fusion Kondor . Having used Fusion Kondor to support its trading activities for many years , the National Bank of Bahrain decided to upgrade to the latest version of the solution to unlock new opportunities for growth .

MOVING TO THE LATEST VERSION

OF FUSION KONDOR ALSO

PROVIDED A CLEAR , SIMPLE

IMPLEMENTATION PATH AND

WOULD EASILY INTEGRATE WITH

OUR EXISTING SYSTEMS .

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