Meezan Bank selects BenchMatrix's RiskNucleus(r)to Automate Financing Origination and Approval Framework across 500+ Branches. Meezan Bank, Pakistan's first and largest Islamic bank has selected BenchMatrix Solutions W.L.L. -a Bahrain based advisory services and software solutions provider for implementation of its state-of-the-art Financing Origination System (FOS).
The application, namely, RiskNucleus Financing Origination System, shall automate the end-to-end cycle of financial request review and will be implemented at Meezan Bank's 571 branches across Pakistan. Implementation of this automated work-flow-based system will accelerate Meezan Bank's financing approval process by digitizing the currently used manual system and allow the Bank to go paperless. It will also improve process efficiency levels by providing the Bank with more system-based controls.-PR