Jordan Ahli Bank has selected IBM technology product suite to improve its core banking systems, as part of its modernization and business expansion programme in the country.
Based on the terms of the agreement, IBM will deliver hardware, software and IT services, to help boost customer service by enabling the bank to offer better products and services.
Enhancing client satisfaction with improved time to market services, the technology upgrade that is a part of its full-scale business transformation program "DNA", will also increase its banking application performance and reduce energy spending.
Under the program, the bank aims to restructuring organizational structure, operational model and technology to enable it to offer better customer service, while preparing for future growth.
Jordan Ahli Bank enterprise architecture manager Alaaeddin Ahmad said, "This standards-based approach enables Jordan Ahli Bank to reuse existing business services, hence shortening the application development time required to bring the new banking product or service to market."
"As a result, the bank will be able to reduce the development time from up to three months to down to a few weeks, facilitating a dramatic improvement in responsiveness to client demands."
IBM will offer a universal banking platform, including smarter banking applications from Temenos using IBM’s service-oriented architecture (SOA) platform and smarter computing hardware infrastructure.
The SOA platform includes IBM’s Business Process Management (BPM) software and services, which will automate and combine business processes to boost efficiencies, achieve business agility, IT governance and standardization.
In order to create a service-oriented architecture foundation platform, the bank will implement IBM WebSphere software and business consulting services, which will consolidate its applications to quickly aggregate critical data generated by separate systems.
For optimum management of its IT-Business alignment using a standard operating model, the bank is also planning to leverage IBM Rational Enterprise Architecture technology.