BR100 Decreased By (-0.27%)
BR30 Decreased By (-0.6%)
KSE100 Decreased By (-0.48%)
KSE30 Decreased By (-0.75%)
BECO 5.85 Decreased By ▼ -0.18 (-2.99%)
BML 57.90 Increased By ▲ 5.15 (9.76%)
BOP 33.80 Decreased By ▼ -0.45 (-1.31%)
CNERGY 8.16 No Change ▼ 0.00 (0%)
DCL 11.79 Decreased By ▼ -0.55 (-4.46%)
FCCL 53.55 Decreased By ▼ -0.34 (-0.63%)
FCSC 5.41 Increased By ▲ 0.19 (3.64%)
FFL 17.86 Decreased By ▼ -0.17 (-0.94%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.16 Increased By ▲ 0.16 (1.45%)
KEL 8.03 Decreased By ▼ -0.08 (-0.99%)
KOSM 5.47 Increased By ▲ 0.09 (1.67%)
MLCF 87.76 Decreased By ▼ -0.29 (-0.33%)
NBP 184.02 Decreased By ▼ -2.46 (-1.32%)
PACE 11.50 Increased By ▲ 0.78 (7.28%)
PAEL 40.29 Increased By ▲ 0.35 (0.88%)
PIAHCLA 26.16 Decreased By ▼ -0.01 (-0.04%)
PIBTL 17.16 Decreased By ▼ -0.16 (-0.92%)
PPL 229.00 Decreased By ▼ -3.78 (-1.62%)
PRL 34.49 Decreased By ▼ -0.46 (-1.32%)
PTC 67.37 Decreased By ▼ -0.19 (-0.28%)
SEARL 90.91 Decreased By ▼ -0.02 (-0.02%)
SSGC 26.87 Decreased By ▼ -0.30 (-1.1%)
TELE 8.54 Decreased By ▼ -0.03 (-0.35%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.35 Increased By ▲ 0.59 (6.74%)
TREET 24.46 Decreased By ▼ -0.08 (-0.33%)
TRG 71.94 Increased By ▲ 0.19 (0.26%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)

KARACHI: Systems Limited has won the prestigious “Best Core Banking Implementation” award from IBS Intelligence for modernizing the Core Banking operations of Samba Bank Limited.

The IBS Intelligence Global FinTech Innovation Awards are known for honouring banks and technology partners showcasing excellence in implementation and innovations using emerging technologies within the banking and financial sector. The fifth edition of these awards received more than 250 nominations from 49 countries.

Out of these remarkable participations, Systems Limited has been recognized for its outstanding work in modernizing the Core Banking platform for Samba Bank, solidifying its reputation as a major player in the global banking technology industry.

This award is a testament to Systems’ exceptional implementation strategy and the innovative use of tools and accelerators that enabled Samba Bank to seamlessly embrace the new upgrade and adhere to the updated regulatory requirements.

During this transformation, Systems Limited leveraged Pakistan Model Bank which is a country model bank framework developed in house to facilitate rapid deployment and allow banks to meet industry regulations and local best practices.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.