In a significant move to enhance its operations, a leading bank has successfully integrated Finastra’s cloud-native Islamic banking treasury solution, powered by Finastra Kondor, with managed services provided by DXC. This integration aims to streamline and improve the bank's treasury trading and risk management capabilities.
The advanced solution allows the bank to efficiently manage its treasury activities, optimize trading strategies, and mitigate risk while ensuring compliance with Islamic banking principles. By leveraging the cloud-based infrastructure, the bank can now access real-time data and analytics, enabling better decision-making and enhanced operational efficiency.
This collaboration between Finastra, DXC, and the bank underscores a growing trend in the financial sector, where technology plays a crucial role in transforming the way treasury operations are conducted, especially in Islamic banking.
The move is set to strengthen the bank’s position in the competitive market by providing enhanced visibility into market trends and a more robust risk management framework.
