NBAD launches new banking solution

The National Bank of Abu Dhabi has teamed up with TMC to offer its customers complete freedom to choose the functions they require

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By  Barnaby Chesterman Published  January 8, 2001

The National Bank of Abu Dhabi (NBAD) has launched a comprehensive Internet banking solution for Total Financial Management, called nbadOnline.

The complete e-banking Total Wealth Management solution was designed and managed by TMC, a provider of global management solutions for global finance, using its proven process, TMC ALLIANCE. In doing so, TMC has now established a Middle Eastern operation.

The programme involved the integration of a number of the bank’s core retail and corporate systems together with the implementation of key integration middleware and database technology.

TMC executive director and CEO, Mark Allcock, was very pleased with his companies contribution to the project, he said: “What made this project unique and exciting was the extent of service the bank wanted to offer, in order to gain a significant jump start on its competitors, and existing market offerings and to position the Total Wealth Management product as a key part of the bank’s vast array of services and products.”

nbadOnline offers its customers the freedom to choose the functions they require, such as account enquiries, transfers between own accounts, payment to third parties and e-transfers to almost anywhere in the world. “TMC’s expert knowledge of managing complex retail and corporate banking initiatives acted as the catalyst to enable the bank to deliver the nbadOnline Total Financial Management Solution,” said Srood Sherif, head of IT at NBAD.

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