Arab National Bank goes live with OPICS.

0 Comments | M2 Presswire, March, 2003

M2 PRESSWIRE-26 March 2003-Misys: Arab National Bank goes live with OPICS(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:03262003 London -- Misys Wholesale Banking Systems has announced the successful installation of its OPICS front-to-back office treasury management system at Arab National Bank in Riyadh and London.

With OPICS in place, the bank is now able to support a wider range of treasury products, including those developed for the specific and often complex needs of the Islamic market. Other benefits include reduced operational risk and the ability to introduce new products more rapidly in a highly competitive market. Arab National Bank is one of the market leaders in the Kingdom of Saudi Arabia, with 117 branches, including one located in London, and...