Al Jazeera Finance live with new core banking system, Ethix from ITS
Path Solutions’ iMAL out, ITS’s Ethix core banking system in, at Al Jazeera Finance in Qatar.
Qatar
Al Khaliji France moves to new core banking system, Temenos’ T24
Al Khaliji France, a Paris-based subsidiary of Qatar’s Al Khaliji Bank, has gone live with a new core banking platform, Temenos’ T24, at its branches in the UAE.
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.
Qatar Islamic Bank launches mobile app for banking training
Qatar Islamic Bank (QIB) has launched a mobile app to identify and train people in the country to work in the private banking sector. Khalefa Al Mesalam, head of QIB Human Capital Group, says: “Through this mobile application, QIB aims to reach out to young talents and encourage them to work in Qatar’s banking sector. […]
Commercial Bank of Qatar adopts Experian credit risk tools
Commercial Bank of Qatar has implemented a new tool from Experian into its credit risk team, which it says will help it to automate customer scoring and decision making on loans and credit cards.
International Bank of Qatar clamps down on money laundering
The International Bank of Qatar has installed a financial crime risk management platform from tech vendor Fiserv, which it says will help it to better manage its money laundering and fraud prevention strategy.
Market data boost for Qatar and UAE as ratings status upgrade kicks in
The effects of Qatar and United Emirates’ impending upgrade by ratings agency MSCI are starting to ripple through to financial services firms, as Interactive Data Corporation beefs up its market data service to the Middle East and North Africa.
Bahrain Bourse to install Nasdaq OMX trading engine
The Bahrain Bourse is to replace its trading platform with a new one provided by Nasdaq OMX, as the Bourse aims to become a trading hub in the Persian Gulf region.
Qatar Exchange introduces sponsored access
The Qatar Exchange has introduced sponsored access and market making for the first time, in a move intended to boost liquidity and make it easier for a wider pool of investors to access the market.
