KASB Bank installs Misys equation system

28 Mar, 2007

KASB Bank has successfully implemented the Misys Equation system installed by Misys Core Banking across its operations in 12 major cities in Pakistan. KASB Bank now provides its customers with a greater range of retail products and services - and a platform from which to launch new products quickly and effectively.
The solution, which was chosen over the systems from Temenos and Systems Access, will now accelerate the growth of KASB's retail banking business and further enhance its customer relationships across the country.
The KASB Bank's executive team wanted to maintain its competitive edge in the market and ensure that it was using the most innovative solutions available. So it chose the Misys solution to replace the existing system.
"The very fast implementation was testament both to the quality of the solution and the implementation team from Misys and KASB," commented Muneer Kamal, president of KASB Bank Limited.
"Our existing distributed environment was reaching the end of its natural life and we needed a centralised core banking system of the calibre of Equation to improve our performance and enhance the service we provide to our customers.
We are aiming to grow our business ten fold over the next three years and we are delighted that our team and the experts from Misys have enabled us to go live so quickly."

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