NBAD to revamp core banking worldwide

National Bank of Abu Dhabi (NBAD) is upgrading its core banking systems at all its locations around the globe.

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By  Administrator Published  January 25, 2007

National Bank of Abu Dhabi (NBAD) is upgrading its core banking systems at all its locations around the globe.

The bank is in the process of rolling out Polaris Software's Intellect solution across the Gulf and has installed enterprise servers at its headquarters in Abu Dhabi from where it will run the systems worldwide.

NBAD had previously been using Misys' Kindle Bankmaster core banking system, Srood Sherif, the bank's head of IT, told IT Weekly. Sherif said Bankmaster was not being replaced because the bank was unhappy with the system or Misys, adding that it would continue to use the vendor's software for other banking functions.

In a statement to IT Weekly, Misys said it enjoyed a "strong relationship" with NBAD, pointing out that the bank is still using Bankmaster to run its overseas retail banking operations and was broadening its usage in other areas.

Sherif said NBAD was currently deploying Intellect in Oman, and the system's implementation would be completed in Kuwait, Bahrain and the UAE during the first half of 2007.

Following this the bank will also deploy Intellect throughout its operations in Egypt, Sudan, London, Paris and Washington.

Sherif said NBAD went with India-based Polaris because it wanted a "customer-centric" solution to run all its international branches.

Intellect will be run on three enterprise servers purchased from Fujitsu Services - the largest the bank has ever deployed.

NBAD will consolidate a number of servers and applications to run on the Fujitsu Siemens Computers (FSC) Primepower 900s, including its Veritas clustering solution, Solaris operating system, and Oracle database.

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