Ahli Bank is headquartered in Bahrain and present in seven countries – Bahrain, Qatar, Kuwait, Egypt, Oman, Iraq and the UK.
TCS said that TCS BaNCS Universal Banking solution, at Ahli Brokerage, is a unified platform and will support trading on the Qatar Exchange across multiple channels, asset classes and currencies.
Integrated with the core banking system existing in the bank, the solution will also enable straight-through-processing and risk management. The solutions’ end-to-end capabilities will facilitate trading on GCC and international markets in addition to the local markets.
TCS Financial Solutions president NG Subramaniam said that TCS BaNCS is a multi-channel, multi-asset class, integrated platform that caters to the brokerage needs of its customers in a comprehensive manner.
Ahli Bank QSC Information Technology head Mohan Srinivasan said that the TCS BaNCS solution will help bank offer unique services to the market and make it an end-to-end, multi-channel, pre- and post-trade processing provider. At the same time, it will help the bank extend its market reach to both the GCC countries and other international markets.
