This year, several banks are looking at new core banking solutions to replace their long outdated systems. While KASB rolls our Misys, MCB struggles with its Sungard problems, and Emirates Global Bank deploys Autosoft’s Islamic AutoBanker solution, Temenos has been busy making the sales rounds, offering deep discounts and trying to capture the market.For Temenos, its T24 suite has been fairly successful in Pakistan, with Allied Bank being the latest customer to add to the list. Others include Banks like Bank Al Falah.

Allied Bank has also done a deal with IBM to supply hardware for the project.

For ABL, this is mostly attempting to the take the path most commonly taken. For Temenos and its partners, the growing problem now is how do you deliver successfully on such large projects in a timely fashion after the deep discounts already offered and affected your costing…

Popularity: 3% [?]

Liked the post? Stumble it!