May 03, 2017
Amlak International, a leading real estate finance company globally, has announced its partnership with Temenos and Systems Limited. They are replacing their existing legacy system with Temenos' flagship Core Lending System, Temenos Transact. Systems Limited, a certified global partner of Temenos, is the implementation partner for this transformation.
This modern lending system, aligned with the latest advancements in the banking and financial software industry, promises to enhance Amlak's global operations, making them more efficient, streamlining procedures, and reducing processing times to better serve customer needs.
The agreement was officially signed by Amlak's CEO, Abdullah Al Sudairi, Mr. Jean-Paul Mergeai, Managing Director of Temenos Middle East & Africa, and Ms. Ammara Masood, Global Industries GM BFS, Systems Limited.
Jean-Paul Mergeai, Temenos' Managing Director, expresses his pride in securing this agreement with Amlak International. This partnership enables Temenos and Systems Limited to upgrade Amlak's existing Core Lending system with state-of-the-art Digital Lending solutions. Temenos will also oversee the transformation process, including the integration of processing systems. These enhancements will result in improved customer service and greater competitiveness for Amlak's global offerings.
This step is part of Amlak’s global strategy to adopt leading best practices and professional standards to stimulate its position within the real estate finance sector. These procedures and operations will enhance the company’s ability to meet its customer’s needs.” Al-Sudairi pointed out that Temenos’ choice of operational solutions reflects Amlak’s commitment to cooperate with the best banking and financial system providers to ensure the delivery of high quality products and solutions in line with Amlak’s global philosophy.
Abdullah Al Sudairi
CEO | Amlak
We are delighted that AMLAK has chosen Systems Limited as a business partner for implementation Temenos Core Lending system. Together our teams will achieve success and enable AMLAK to be at the leading edge of technology and streamline its business processes to add value to its customers.
Global Industries GM Banking and Financial Services, Systems Limited