Saudi Arabian digital bank, Vision Bank, has become operational after the successful implementation of Finastra Kondor and managed services by DXC Technology.
Finastra's cloud-native, Sharia-compliant treasury solution enhanced Vision Bank's capabilities for asset and liability management, liquidity management, trading and investment, and more.
The deployment of the cloud-based solution aligns with Vision Bank's strategy of providing better user experiences and staying abreast of new demands in the banking sector.
The implementation of Finastra Kondor, along with managed services provided by DXC, played a vital role in Vision Bank obtaining no objection from the Saudi Central Bank and launching the pilot phase of its banking operations.