We are able to expose APIs to integrate with third-party solutions and partner products, and introduce innovative offerings to our clients swiftly. Mujahid Said Daud Al Zadjaly, DGM IT & Alternate Channels, Bank Sohar, said, “With the new generation Infosys Finacle platform, our banking systems are much more flexible and agile. Operational efficiency has also observed benefits with the removal of outdated administration tasks, in addition to streamlining digital processes with credit cards, loans, and customer onboarding. With an open API framework, the latest Finacle core banking solutions allow Bank Sohar to effectively implement open banking and collaborate with its external ecosystem, including partners and FinTech corporations as well as supporting the bank’s recently launched Syndicated Loan facility, securitization, and liquidity Management.
The bank’s new services provide a comprehensive view of customer behavior and preferences, equipping relationship managers with the data required for insightful market engagements. Ultimately, we seek to deliver upon our promise of banking excellence by enhancing customers’ experience with new products, opportunities, greater simplicity and rewards.” Ahmed Al Musalmi, CEO of Bank Sohar, said, “Bank Sohar’s commitment to its customers is holistic, ranging from internal and infrastructural changes.
#INFOSYS FINACLE CORE BANKING SOLUTION DRIVER#
The new digital suite supports the bank’s efforts to enhance customer engagement and tailor services in the ‘Year of You’, where banking excellence and customer experience remains a strong driver in the bank’s continued development across all touch points and digital channels. Delivering on an extensive digitization agenda, Bank Sohar has implemented Finacle Digital Core Banking and Analytics solutions, extending its existing Finacle services in online banking, alerts, and digital treasury services.
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