News

National Bank of Kuwait in Egypt implements Temenos treasury solution

Tuesday 16 August 2016 00:36 CET | News

National Bank of Kuwait (NBK) in Egypt has gone live with Temenos’ Treasury Trader.

The Treasury Trader solution was launched in 2010 and is a front to back office solution and it will integrate with the existing bank’s T24 core banking system.

Pakistan-based National Data Consultant (NDC), a regional partner of Temenos, carried out the implementation.

What’s more, the source adds that the bank has been undergoing a tech revamp this year as it recently implemented Swiss vendor NetGuardians’ anti-fraud solution FraudGuardian. FraudGuardian will be used to identify patterns, audit activities and ensure compliance for automated reports.

Temenos creates software for banking and finance and according to their own information, over 2,000 firms across the globe, including 38 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: National Bank of Kuwait, Egypt, Temenos, treasury, T24, core banking, banking
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events