Infosys Finacle was recognized at the 2016 Private Banking Middle East Awards with two awards, Best Innovations in Digital Initiative – Middle and Back Office and Best Islamic Banking Technology Provider in the Middle East.
Best Innovations in Digital Initiative – Middle and Back Office
Amidst tightening regulations and heightened customer expectations, having a robust middle and back office technology solutions in place is paramount for any private bank to survive and stay competitive. The following technology vendor provides a whole gamut of middle and back office solutions that have successfully underpinned banks in the Middle East, whilst consistently being ahead of the curve in its approach to innovation, incorporating features such as cloud solutions, Islamic banking and wealth management capabilities.
Best Islamic Banking Technology Provider in the Middle East
As the demand for Islamic finance grows, so does the need for technology that can allow banks to be truly Shari’ah compliant. The winning technology provider has built its Islamic core banking system from the ground up, based on Shari’ah principles in consultation with a team of Shari’ah scholars, allowing its conventional and Islamic core banking systems to work independently from each other.