AL Ahli Bank of Kuwait

AL AHLI BANK OF KUWAIT
DELIVERS A TRULY
DIGITAL BANKING
EXPERIENCE


Core Banking Transformation Case Study

Digital Channels Transformation Case Study

CREATING A ROBUST
DIGITAL FOUNDATION TO


Have a unified enterprise architecture

Lay the foundation to launch omnichannel and digital initiatives

Improve time to market for products and services

Achieve operational excellence while reducing total cost of ownership

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

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


Digital Channels Transformation Case Study

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

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