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BAHRAIN DEVELOPMENT BANK
Bahrain Development Bank ( BDB ), a development finance institution established by the government of Bahrain , has selected the TCS BaNCS™ Global Banking Platform for its core banking transformation .
Established to encourage and support entrepreneurship in the Kingdom of Bahrain , BDB focuses on financing and development of small and medium businesses . BDB offers conventional and Islamic business finance services , venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain . Through focused , innovative products , services , and a redefined operating model , BDB has been stimulating and driving entrepreneurial activity in the country .
BDB was looking for a modern , digital banking solution that would help it transform customer engagement through the delivery of contextual experiences . Furthering the government ’ s vision of moving operations and infrastructure to the cloud , BDB wanted to host the entire core banking platform on a public cloud .
The bank selected TCS BaNCS Global Banking Platform , a front-to-back solution spanning digital banking channels , origination , core banking , trade finance , treasury , and supporting services including AML and reconciliations . Through a full-featured set of APIs , TCS BaNCS will also interface with technology offerings from TCS ’ partners for CRM , sales , risk management and other enterprise functions . AI and analytics tools will also help BDB to meet the unique needs of the small and medium business segment .
The TCS BaNCS Global Banking Platform , deployed on Amazon Web Services ( AWS ), will help
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