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Bahraini Saudi Bank opts for Infosys banking solution

Indian IT services company Infosys has won its first Finacle installation in Bahrain with a contract from Bahraini Saudi Bank (BSB).

Indian IT services company Infosys has won its first Finacle installation in Bahrain with a contract from Bahraini Saudi Bank (BSB).

The Bahraini bank has selected Infosys’s banking solution Finacle to replace its legacy core banking solution.

Terms of the deal were not disclosed.

“We chose Infosys as a strategic technology partner based on their international presence, technological strengths and domain expertise that specifically addresses the unique needs of BSB,” Khalid Shaheen, CEO of Bahraini Saudi Bank said.

Finacle addresses the core banking, e-banking, treasury, and wealth management and CRM requirements of retail, corporate and universal banks.

Infosys has previously supplied the Finacle banking solution to Arab National Bank in Saudi Arabia.