AL AHLI BANK OF KUWAIT
DELIVERS A TRULY
DIGITAL BANKING
EXPERIENCE
CREATING A ROBUST
DIGITAL FOUNDATION
REAPING THE BENEFITS OF A
ROBUST CORE BANKING PLATFORM
Faster roll out
Reduction in time to launch a
new branch
Increased Automation
Reduction in technology
infrastructure cost
Core Banking Transformation Case Study
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Transforming for the digital future for us means laying a strong technological foundation that is built for the scale and agility required to not just meet the demands of our customers but far exceed them. To this end, we were looking to modernize our core with Finacle, and consolidate multiple disparate systems into a single universal banking solution. Finacle’s digital banking suite of solutions have not only helped us improve the time to market for new products and services, but we have also seen about a 10% increase in loan origination over a period of 3 months. With the transformation program we have accomplished simplification and unification of bank processes, resulting in considerable cost efficiencies.
Somanth Menon
Group Chief Operating Officer
Al Ahli Bank of Kuwait
LEVERAGING THE TRUE POTENTIAL
OF A DIGITAL ENGAGEMENT SUITE
Reduction in technology infrastructure cost
Frictionless biometric authentication for customer centric banking
Increased customer adoption across newer digital banking channels
Simultaneous roll out of new products across all digital banking touch points
WITH A WORLDCLASS DIGITAL ENGAGEMENT SUITE
AL AHLI BANK KUWAIT EXPERIENCED
increase in customer logins
through digital channels
increase in new customer
registrations
increase in transaction volume
across digital channels
Digital Channels Transformation Case Study
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For any further queries kindly reach out to Contact@edgeverve.com
We are a progressive bank with the interest of our customers at the heart of everything we do. Transforming to effectively serve, continuously delight and digitally engage the smart consumer of today is a key strategic priority for the bank. In Finacle, we saw the promise of an agile digital engagement solution that could help us make banking easy, secure and intuitive for our customers. With Finacle we can now launch new products more efficiently and have been able to significantly reduce the time to market forthe launch of these products. We have partnered with Finacle for their expertise and experience in the past and look forward to collaborating with them in the future.
Somanth Menon
Group Chief Operating Officer
Al Ahli Bank of Kuwait