Core banking systems: A quick list
Posted on February 13th, 2008 in Business Tech |
Heres just a 10 second quick list on whats going on out there with core banking software implementations:
1, Temenos T24 (updated): Allied Bank, Nib Bank, Bank Al Falah, Atlas, Meezan, JS Bank
2, Misys : KASB, Habib Bank, myBank
3, Sungard : UBL, MCB (probably not anymore?)
4, AutoSoft Autobanker (Islamic banking version): Emirates Global Islamic Bank
If anyone has a list to share, please post it here. Also, most of these banks will opt for IBM hardware, so expect this to be good news for the IBM server product line (such as System X and System P).
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60 Responses
JS Bank is migrating to T24
Make that JS bank as well for Temenos. Thats 4 temenos implementations at the same time! gosh how will the local partner handle it?!
Hi,
Temenos T24 implementation also going on in Atlas & Meezan Bank.
Right now 6 banks are in implementation phase of Temenos T24
Looks like Faisal Bank is already using Sun Guard’s SystemAccess (http://www.sungard.com/SystemAccess/default.aspx?id=980)
1. Temenos T24 (updated): Allied Bank, Nib Bank, Bank Al Falah, Atlas, Meezan, JS Bank
2. Misys : KASB, Habib Bank, myBank
3. Sungard : UBL, MCB, Faysal Bank, First Dawood
4. AutoSoft Autobanker (Islamic banking version): Emirates Global Islamic Bank
5. Bank Islami, UBL Ameen & ABN Amro Islamic Branches: Path Solutions (iMal)
6. iFlex : DIB
7. Fidelity: NBP may sign in next 4 yrs
I would like to add some new things about Temenos T24,
Js bank’s Implimetation is complete from 1st April n they goes on live run with Temenos T24’s newest versin R7. and JS bank is the world’s First bank which goes live with R7.
including Atlas, Banl Al-Flah, Meezan bank, Allied, Nib & crescent Bank. Three New banks also signed for Temenos which are;
1: First Women Bank
2: KhushHali Bank
3: Bank Al-Habib
Thanks..
Allah Hafiz
Thanks Wajahat & Ali Amjad
Allah Hafiz
Dear Friends, Could you please comment on which modules are being offered by these Core Banking solution? Like, consumer financing,trade financing,treasury,corporate banking,wholesale/retail banking etc etc.
Your comments would be highly appreciated!
Regards
Syed Saad Ibrahim
I think Saudi Pak Bank is Also Going for Temenos T24
In this list you need to enter another name hPLUS which has been successfully implemented in several banks internationally. In Pakistan this system has been implemented in Habib Metropolitan Bank, Arif Habib Bank and KASHF Microfinance Bank.
I would like to add the name of MCB bank because they are going to implement hPLUS system as core banking system.
Askari has signed iFlex…Thanks..
Kashif Says:
_ ” June 11th, 2009 at 5:20 am
I would like to add the name of MCB bank because they are going to implement hPLUS system as core banking system.”_
I would like to know wether if the above statement is a speculation or a researcghed and verified fact.
Kashif Says:
_ ” I would like to add the name of MCB bank because they are going to implement hPLUS system as core banking system.”_
I would like to know wether if the above statement is a speculation or a researched and verified fact.
Can anybody help with the license prices for core banking packages e.g. Temenos, Finacle, Bancs etc..For a small bank implementation.
I think issue in implementing these systems is ensuring data completeness and integrity as data requirement for these systems is much higher than old systems….. kindly comment on this …
At last, I found the right place to read some quite interesting stuff, thanks for sharing.
need information Hplus
core banking is consolodiate system for one window opration.
Complete list as of feb 2010:
1, Temenos T24 : Allied Bank, Nib Bank, Bank Al Falah, Atlas, Meezan, JS Bank, State Bank of Pakistan
total: 7
2, Misys : KASB, Habib Bank, myBank
Total: 3
3, Sungard : UBL, MCB, Dawood Islamic Bank, Faysal Bank
Total: 4
4, iFlex (oracle): Dubai Islamic Bank,Askari bank, Barclays Bank, Citibank
Total: 4
5. Fidelity: National Bank of Pakistan
apart from the banks in the list mentioned by Junaid all have solutions from international vendors what about other banks such as, Soneri, Habib Metro, Al Habib etc
hPlus is middle ware financial switch not a core banking system. Habib Metro. & KASHF is using hPlus financial switch. Tammer Bank is using T24.
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Anyone in knowledge of the system (hardware, software) in demand at ztbl? Please apprise.
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