Path Solutions deploys business intelligence solution at Al Baraka Bank Sudan
Al Baraka Bank Sudan (BBS), a subsidiary of Bahrain-based multinational banking corporation Al Baraka Banking Group, has implemented a business intelligence solution from Path Solutions.
The solution, iMAL*BI, is part of the vendor’s Path Intelligence platform. Path Solutions claims that the system enables financial institutions to “harness data and analyse it intelligently.”
The implementation process at BBS covered the establishment of a comprehensive end-to-end data warehousing solution, an automated extract, transform and load (ETL) process and a progressive data model.
“We are proudly putting technology at the centre of our growth plans,” says Elrasheed Abd Elrahman, general manager of BBS.
“A key part of our new digital transformation program is the implementation of the cutting-edge iMAL*BI from the Path Intelligence platform.”
Al Baraka Banking Group signed for Path Solutions’ iMAL core banking system in 2017 as part of a widescale tech transformation at four of its 15 international subsidiaries.
Mohammed Kateeb, the group chairman and CEO of Path Solutions, says: “To make informed choices, businesses today need to base their decisions on evidence. The mountains of data that financial institutions and their customers produce is colossal. By aggregating, standardising, and analysing that data and identifying patterns, they can better understand their customers, better forecast revenue growth, and better protect themselves against business pitfalls.”