SOFGEN completes T24™ upgrade at National Bank of Fujairah

Successfully upgraded from R6 to R10, strengthening presence in Middle East region

Geneva, 5 February 2013: SOFGEN Holdings Limited (SOFGEN), an international provider of IT solutions for banks, has announced the successful completion of an eight-month project at National Bank of Fujairah (NBF), in which SOFGEN upgraded the bank’s implementation of T24™ from R6 to R10.

The full upgrade project was completed on time and to budget, and included the technical upgrade, implementation of four new core modules, as well as custom development of new functionality requested by NBF. After in-depth performance tuning, SOFGEN rolled out the new version and enhancements to the bank’s head office and 14 branches.

“SOFGEN’s performance on this project exceeded expectations,” said NBF’s Chief Operations Officer T. N. Sekhar. “The development and management teams were skilled, efficient, and communicative, and were clearly as invested in the success of our upgrade as we were. “As a bank that has established a reputation for excellence in the UAE, we are pleased to have found in SOFGEN a like-minded and professional partner that has been able to help us augment our operational capabilities for long-term growth; we thank the team for all its efforts.”

Amrik Tak, Regional Director, Temenos said: “NBF is a valued customer of Temenos and we are delighted that their upgrade was delivered successfully. The T24 Upgrade will provide NBF with a market leading, up-to-date banking platform, bringing additional functionality, best practice business processes and operational efficiency. This puts them in a great position to expand, launch new products and enter new markets. We are pleased with the delivery of another successful upgrade by our partner SOFGEN.”

“It was a pleasure to work with NBF on such a seamless upgrade, and we very much look forward to serving the bank on an ongoing basis,” said Dan Galezer, Managing Director of Projects & Delivery for SOFGEN. “This project strengthens our presence in the Middle East, and provides an excellent stepping stone for further advancement in the region.”