Finastra recently announced a partnership that Banque Misr, the second largest national bank in Egypt with a global presence, has selected Fusion Trade Innovation and Fusion Corporate Channels to digitalize its trade finance services and provide a premium user experience.
Banque Misrโs also stated that its bankโs team attended Finastra Forum โ the firmโs flagship industry event in Dubai. Banque Misr also stated further that it had selected Finastraโs partner, DataGear โ a service provider for banking and financial services in Egypt โ for the implementation of Finastraโs solutions.
Sayonara El Asmar, Banque Misr COO stated, โAs part of Banque Misrโs digital transformation strategy, the bank is continuously optimizing different processes and offering diversified digital services to provide convenience and enhance service quality for our clients. With Finastraโs solutions, the bank will streamline core processes related to trade finance activities and transform our legacy systems to provide our corporate customers with an end-to-end digital experience. We look forward to the sustained growth of our corporate business relations and offering in collaboration with Finastra, to enhance the quality of our corporate services and achieve customer satisfaction.โ
Ahmed Essam, Head of Corporate Operations at Banque Misr commented, โWe selected Finastra due to the efficiency of its solutions and the teamโs commitment to our business. Its open development platform, FusionFabric.cloud, also gives us the opportunity to tap into a broader network of services. For us, Finastra is not just a company that sells software. Finastra is a valuable partner that is dedicated to our success.โ
Kamal El Khoury, Regional Sales Director at Finastra commented, โOur corporate banking solutions will help Banque Misr reduce human errors, unlock data analytics and comply with regulations at a reduced cost. Its corporate customers will benefit from a simplified self-service platform, where they can create real-time alerts using a common calendar, a personalized dashboard and utilize workflow tools โ all while boosting security.โ
Ahmed Diab, Country Manager โ Egypt at Finastra commented, โBanque Misr is one of the leading national banks in Egypt, with a big market share of trade finance business in the region. Our competitive solutions will support its continued growth, by increasing customer retention and attracting new corporates through a sophisticated offering. We are delighted to be a long-term partner that is supporting Banque Misrโs ongoing success.โ
