Automic Delivers Efficiency for Temenos T24 Close of Business Process for Meezan Bank
Automic, the leader in Business Automation software, today announced that Meezan Bank has successfully implemented Automic Workload Automation with the Temenos T24 banking application to significantly increase reliability and control, lower business risk and streamline business reporting. Since implementation, Meezan Bank’s use of automation has resulted in complete, compliant control over the close of business (COB) process.
For Meezan Bank, the key benefits of implementing Automic’s Temenos T24 solution include:
- Integrate seamlessly with their core banking application - Temenos T24
- Automate accounting processes, introducing immediate error detection and alerting
- Eliminate threats arising from an application security breach, data leakages and other issues associated with non-compliance
- Develop a layer between COB operators and T24 system administrators to avoid complication with super user rights
- Unified dashboard-based monitoring shrinks the COB process, ensures faster feedback to management/analysts and results in more accurate audit statements
- Overall increase in the visibility and control of COB processing
- Decreased business risk and IT admin costs reduced by half
Further, as Automic Workload Automation is highly scalable it can adapt easily to Meezan Bank’s growth — a business critical need for the client. With Automic, Meezan is able to automate all T24 jobs, and all of the growing number of surrounding jobs within its IT environment.
“We wanted complete, compliant control over our close of business processing, and the moment we saw the Automic solution for Temenos T24, we liked it. It integrates seamlessly with our T24 platform, regardless of the database, components or other attributes. Automic Workload Automation is highly scalable and can adapt easily to Meezan Bank’s growth—for example it has the flexibility to automate not just T24 but all the surrounding Applications,” explains Ali Imran Khan, SVP, IT Operations and Service Management at Meezan Bank.
Khan continued, “We were highly impressed with the experience, professionalism and approach of the Automic team. They took us through every step of the automation process and ensured a fast transition to go-live.”
“We are thrilled to work with Meezan Bank and deliver quality, timely and accurate close of business reporting. Our selection by Meezan Bank to automate the entire flow of reporting as well as integrate with Temenos is a testament to the heritage of success of our Automic Workload Automation product,” said Nabil Ben Abdallah, vice president of sales for the Middle East at Automic. “With Automic, Meezan Bank now has the reliability and consistency they require in order to become more efficient and responsive when completing their close of business process. These are crucial factors in the Financial Services sector, where any errors and delays can have a significant, direct impact on the organizations bottom-line. We look forward to extending our relationship with Meezan Bank and hope to continue to provide added value to their operations.”
Tweet this:
.@MeezanBankLtd enhances visibility and control for COB processing w/ @Automic and @Temenos
Supporting Resources
- Automic Website
- Automic Workload Automation
- Automic Blog
- Latest News
- Join the Conversation
- Join us on LinkedIn
About Automic:
Automic, the leader in business automation, helps enterprises drive competitive advantage by automating their IT and business systems - from on-premise to the Cloud, Big Data and the Internet of Things. With offices worldwide, Automic powers over 2,600 customers including AMC Theatres, Bosch, Carphone Warehouse, eBay, ExxonMobil, General Electric, Netflix, NHS SBS, Société Générale, Swisscom IT and Vodafone. More information can be found at www.automic.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160714005613/en/
Contact information
Automic
Courtney Glymph
Global PR and Communications
+44
(0) 7584058886
Courtney.glymph@automic.com
About Business Wire
Business Wire(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo