Al Khaliji France moves to new core banking system, Temenos’ T24

Al Khaliji France, a Paris-based subsidiary of Qatar’s Al Khaliji Bank, has gone live with a new core banking platform, Temenos’ T24, at its branches in the UAE.

Al Khaliji has branches in Abu Dhabi, Dubai, Sharjah and Ras Al Khaima.

The bank implemented the R15 version of T24 and Temenos’ analytics solution, Insight BI.

It has also updated its internet banking platform for corporate and individual customers.

The project was carried out by a Pakistani system integrator and Temenos’ implementation partner, National Data Consultants (NDC).

It is understood T24 replaced the CapitalBanker core banking system supplied by a French/Lebanese tech vendor, Capital Banking Solutions (CBS).

Meanwhile, Al Khaliji France’s parent also uses T24. The system was implemented there in 2012-2014, following a disastrous attempt to install SAP’s core banking software at the bank.

Al Khaliji was set up in Doha in 2007 to be the country’s “pioneer next-generation bank”. It offers a broad range of banking products and services to premium, business/corporate and international customers.

The banking group describes itself as having “Qatari distinction, UAE excellence, French elegance”.

Source:banking tech

Nick Kalikajaros 2017