Lahore: Bidaya Finance’s mission to digitally transform its operations is based on its mission to provide innovative and secure financial solutions to its customers. With the aim of providing a brighter future for individuals and businesses, Bidaya Finance has embarked on a journey to provide modern, scalable and reliable financing products and services.
Using the Temenos Core platform and Digital Banking (Infinity), Bidaya Finance aims to streamline its back-end processes and drive digital transformation for the customer’s front-end journey. The platform will also enable Bidaya Finance to make digital loans through various digital channels, increasing access and convenience for its customers. In addition, Systems Limited will provide comprehensive support to Bidaya Finance by leading the implementation of complete infrastructure and third-party systems, leveraging modern and scalable platforms such as Red Hat OpenShift.
In collaboration with Systems Limited, known for its experience in modernizing platforms for leading financial institutions in the region, Bidaya Finance aims to build on a secure and proven localization foundation, including regulatory accelerators such as Model Bank of Saudi Arabia.This joint venture between Bidaya Finance, Temenos and Systems Limited is poised to transform the financial landscape, enabling Bidaya Finance to provide personalized and efficient financial services that drive industry growth and innovation.
“Today, our digital transformation journey is an important milestone, fulfilling our mission to provide innovative and secure financing solutions that aim to improve customer experience standards and become one of the leaders in the digital finance industry. “Together, we are paving the way for new innovations and unparalleled financial solutions”.
Mahmoud bin Salim Dahduli, CEO of Bidaya Finance
“Bidaya Finance is proud to trust Temenos and our partner Systems Limited to deliver this strategic front-end digital transformation. This implementation provides Bidaya with Temenos’ leading banking capabilities and the latest cloud platform to improve customer experience and drive business forward with greater efficiency and agility. This latest partnership cements Temenos’ leading position as the banking platform of choice for TSA financial institutions.”
Lee Allcorn, Managing Director – Middle East and Africa, Temenos
“We are excited to work with Bidaya Finance on their digital transformation journey. The Kingdom of Saudi Arabia is a key market for us with increasing consumer and digital interest. As a global systems integrator and the first implementation partner of Temenos in the Kingdom, Systems Limited is dedicated to providing our customers with a value proposition By leveraging our expertise in Digital Infrastructure, Security and Regulatory Accelerators like the Saudi Arabian Bank Model, we will ensure a smooth experience for financial institutions like Bidaya Finance and ensure rapid deployment of the platform.”
Rao Hamid Khan, GM KSA & Bahrain, Systems Limited
