Mashreq Bank has implemented Oracle FLEXCUBE Universal Banking and FLEXCUBE Direct Banking across Qatar, UAE, Kuwait and Bahrain.
It has replaced over 40 legacy systems with these solutions. “As a fast growing bank, we required a platform that would enable us to accelerate time to market for new products, and improve the overall customer experience across all our markets,” says Somnath Menon, EVP operations and technology, Mashreq Bank. “We evaluated a number of solutions and found that Oracle FLEXCUBE stood above its competitors in meeting our requirements. It has helped us significantly improve our response time to customers, giving them a superior experience. Furthermore, the platform’s scalability and flexibility provides us with room to meet our growth objectives.”
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