Capital Banking Solutions, provider of integrated banking solutions for retail, corporate and private banks, as well as financial institutions, has announced it has signed a 5-year agreement with Bank Audi sal – Audi Saradar Group (Bank Audi).
Capital Banking Solutions will provide software solutions to support Bank Audi’s full range of products and services, in addition to being established as Bank Audi’s outsourced technology partner. Under the terms of the agreement, Bank Audi is granted an Enterprise License Agreement to use Capital Banking Solutions product portfolio for core banking, business intelligence, compliance, customer relationship management, portfolio management, and multi-channel support including internet and mobile banking.
“We are excited about this relationship with Capital Banking Solutions, which allows us to further diversify our portfolio with new value-added products and services while optimizing our IT investments and reducing overall costs,” said Tamer M. Ghazaleh, Deputy CFO, Bank Audi.
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