Best Core Banking Technology Implementation goes to Emirates NBD
The winning bank consolidated its core banking system across six countries, creating a common software base for the group. The component-based system integrated API, and embedded real-time analytical capabilities.
It shortened the time to launch products by 50% and reduced resources required by 60%. The time needed to launch a new branch fell from a month to a week, and the cost of transactions was reduced by 15%. Customer engagement improved with better service experience, leading to 30% increase in customer base.
For these achievements, the award for Best Core Banking Technology Implementation goes to Emirates NBD