Observer Report Islamabad
Pakistan Telecommunication Company Limited (PTCL) signed a partnership with NdcTech, an award-winning regional partner of Temenos, to offer Banking Services on Cloud for the first time in Pakistan.
Nadeem Khan, Acting CEO and Group Chief Financial Officer, PTCL Group, Zarrar Hasham Khan, Chief Business Services Officer, PTCL, Saad Muzaffar Waraich, Group Chief Technology & Information Officer (Operations), PTCL and Ammara Masood, CEO & President, NdcTech attended the signing ceremony held in Karachi, along with senior officials from both sides.
This collaboration will allow NdcTech and PTCL to offer Cloud-based Digital Banking and Core Banking solutions.
This will be offered to banks and non-banking financial institutions for the first time in Pakistan.
This partnership will open new avenues and facilitate banks to provide banking services digitally to their customers in less than 90 days.
Furthermore, it will also allow banks to configure the model they want to operate and prepare for agility and change from the very start.
On the occasion, Nadeem Khan, Acting CEO & Group Chief Financial Officer, PTCL Group, said, “With the rising need to keep financial sector data secure, PTCL is the right choice for an in-country Cloud-based hosting solution for this sector.
We are serving corporates and enterprises with a truly robust and secure solution with the capability to host the data within Pakistan.
