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System Limited & Oman Housing Bank collaborate for digital transformation endeavor

Systems Limited profit plummets 66% YoY to Rs1.24bn
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April 05, 2024 (MLN): System Limited (SYS) has partnered with Oman Housing Bank (OHB) on their Digital Transformation Journey which includes Core Modernization on the Cloud for better customer engagement, Loan Origination digitization, and the use of data analytics and AI for improved efficiency and competitiveness.

The company disclosed this development through its latest social media post.

“OHB’s choice of Systems Limited as their trusted partner underscores our unparalleled experience in banking transformation across the Middle East,” it added.

By leveraging Temenos’ cloud-native platform and regulatory accelerators such as Oman Model Bank, the company looks forward to a seamless transformation, allowing Oman Housing Bank to develop new products faster and widen access to housing finance for Omanis.

The partnership was signed by Moosa Al Jadidi, CEO of Oman Housing Bank, and Asif Peer, Group CEO and Managing Director of Systems Limited.

The signing ceremony was graced by Ammara Masood, General Manager (GM) of Banking and Financial Services-Systems Limited Lee Allcorn, MD- Temenos MEA and leaders from Temenos, Oman Housing Bank.

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Posted on: 2024-04-05T10:45:40+05:00