Friday, October 09, 2015 - Karachi—Temenos, the leading banking solution provider, has inked an agreement with National Data Consultant (NDC) for T24 R15 Core Banking System with Pakistan Model Bank to replace SAMBA Bank’s existinglegacy system at all its branches. Along with the Core System, the Temenos-Connect Internet, Mobile Banking Platforms and AML will also be part of the new digital solution for the bank, said a press release here on Thursday.

SAMBA Pakistan will be the 9th bank to acquire Temenos T24 in Pakistan and the second bank in the country to deploy R15 introduced only in June 2015 with the latest enhancements. Speaking on this occasion, NDC President and Chief Executive Officer, Ammara Masood said her company was delighted to be partnering with Temenos for the implementation of T24 R15 core banking solution at SAMBA Bank Pakistan.

“We strongly believe that our deep domain expertise and broad experience of the local market which spans over 15 years in this segment will enable us to deliver most effectively,” she said. National Data Consultant (NDC) is a leading provider of IT solutions focused towards the banking and financial sectors.