Summary Type of financial institution: Universal bank Headquarters: London, UK Branches: Head office Assets: $6 billion (January 2010) Project scope: Islamic banking operations System/vendor replaced: None System/vendor installed: iMAL from Path Solutions Technology: Sybase
Current functionality: Support for Islamic banking, including murabaha investment products, trade finance and lending.
Interfaces: General ledger, regulatory reporting systems,Misys' Equation, Swift Selection team: Bank Selection Time: n/a Installation team: Bank and vendor Installation time: Four months Level of satisfaction: High