“One of the major benefits the bank is experiencing since the go-live is the improved performance of the platform. Post-upgrade, specific tasks that earlier use to take a couple of hours to conclude, such as the month-end process can now be completed in less than an hour”, said Bright Karuwe, Head, NIB Technology.
The new iMAL version enables Sterling Alternative Finance to have access to a large array of online services, and to benefit from the latest platform features and enhancements.
About Path Solutions
Path Solutions is a worldwide provider of next-generation digital solutions and services. The company enables clients in four continents to navigate their digital transformation, address current challenges and become connected, smarter, and agile.
Path Solutions’ new age initiatives – Digital & Social Banking, Mobility, Business Analytics, Risk Management & Compliance solutions cater to the evolving need for speed, reach and predictability. Its multi-award winning Islamic core banking platform iMAL is based on Service-Oriented Architecture (SOA), and supports open banking through open APIs and web services. Path Solutions’ total commitment to open standards enables its clients to benefit from the latest technology advances ensuring business agility, continuity, data integrity and availability, low downtime, in addition to Sharia compliance, delivering a significant and immediate ROI.
The company’s mission is to accelerate the financial services move to digital by building technologically advanced plug-and-play financial software coupled with flawless implementations and mission critical support.