Jordan Ahli Bank selects Temenos core banking
Bank to deploy Temenos T24 as new core banking solution
Jordan Ahli Bank has selected Temenos T24 to provide its new core banking solution.
The T24 deployment is intended to support the bank's regional growth plans, along with a major strategic transformation program.
T24 has been designed for flexibility and scalability, and is built on open architecture, offers low cost of ownership and uses established standards such as HTTP, XML and J2EE.
Jordan Ahli Bank is currently undertaking a transformation program focused on five pillars: enhanced segmentation, human resource management, intensified sales and marketing, advanced risk management, and a state of the art enterprise architecture. The bank says that the new core banking solution will form a fundamental part of this change.
His Excellence Marwan Awad, CEO of Jordan Ahli Bank, commented: "In addition to its leading solutions and innovative model bank approach, Temenos has shown a deep understanding of the Jordanian and Middle East markets' local requirements and how to fulfil these using its strong business and product configuration tools. We will work progressively with partners like Temenos to build a strong foundation for execution, based on productised solutions which incorporate the latest standards and best practices in the banking industry. This is a hugely significant program of transformation for Jordan Ahli Bank, and we believe Temenos is the partner to deliver us our vision."
Guy Dubois, CEO of Temenos, added: "We are honoured to have been chosen by Jordan Ahli Bank as a partner for this ambitious core banking transformation project. We share a common mindset to maximise the use of standard capabilities and processes of solutions. Open, integrated, componentised and upgradable solutions are in our DNA at Temenos, with our aims supported by a dedicated professional services organisation and a strong partner ecosystem. I am confident that this partnership will help Jordan Ahli Bank to expand its operations across the Middle East seamlessly through a componentised approach, and deliver success at a local level which will help the wider aims and strategy of the bank."