Misys secures deal with Saudi Hollandi Bank

To consolidate SHB's software platforms

Saudi Hollandi Bank (SHB) has selected an integrated transaction banking solution from Misys as part of the Bank’s strategy to upgrade its trade finance and cash management online services.

The contract comes as SHB aims to become a top five trade finance provider within the next two years and broaden its services to customers across the Kingdom. The agreement will be implemented in 2013.

Partnership with Misys will consolidate SHB’s software platforms for trade finance and cash management services for the first time. “Misys was able to show us a compelling case for how we can meet our ambitious expansion targets using its software and services and by building a robust back-office engine to enable that desired growth,” said Dr. Bernd Van Liner, Managing Director of Saudi Hollandi Bank.

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