Qatar International Islamic Bank recommits to Misys
Qatar International Islamic Bank (QIIB), a long-standing customer of Misys, is implementing the new version of the vendor’s core system for Islamic banks, FusionBanking Essence Islamic, front-to-back office.
QIIB already uses Misys’ FusionBanking Equation core and Trade Innovation for trade finance, plus the vendor’s payments management software.
Nasser Hasan Mahmoud, head of IT at QIIB, is confident the new solution will enable the bank “to streamline processes, improve operational efficiency, and deliver Shari’ah-compliant products and services to its clients quicker”.
He also anticipates “tangible cost reduction”.