NBAD overhauls its core systems

by ArabianBusiness.com staff writer

National Bank of Abu Dhabi (NBAD) is upgrading its core banking systems at all of its locations around the globe.

The bank is in the process of rolling out Polaris Software's Intellect solution across its Gulf operations and has installed enterprise servers at its headquarters in Abu Dhabi from where it will run the systems for its other locations.
NBAD had previously been using Misys' Kindle Bankmaster core banking system.

Srood Sherif, the bank's head of IT, said that Bankmaster was not being replaced because the bank was unhappy with the system or with Misys, and added that NBAD would continue to use the vendor's software for other banking functions, such as its overseas retail banking operations, and is broadening its usage in other areas.

The bank is currently deploying Intellect in Oman, and the system's implementation will be completed in Kuwait, Bahrain and the UAE during the first half of 2007.

Following this, the bank will also deploy Intellect through its operations in Egypt, Sudan, London, Paris and Washington.

Sherif said that NBAD had opted for Polaris because it wanted a "customer-centric" solution on which to run all of its international branches.

Intellect will run on three enterprise servers purchased from Fujitsu Services - the largest the bank has ever deployed.

NBAD will consolidate a number of servers and applications to run on the Fujitsu Siemens Computers (FSC) Primepower 900s, including its Veritas clustering solution, Solaris operating system, and Oracle database.



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