MCB Bank has deployed SunGard's Ambit Retail Banking and Ambit Islamic Banking systems across its network of over 1,100 branches.
MCB Bank uses the combination of the two platforms as the core system to support its business. The Ambit Core Banking solution is a retail banking platform that consolidates multiple applications and thus helps to reduce IT overheads. The Ambit Islamic Banking system helps MCB Bank support a range of Islamic banking contracts on a scalable, client-centric banking platform. These solutions will help the bank strengthen client relationships while increasing operational efficiency.
Atif Bajwa, president of MCB Bank, commented, "MCB is committed to its strategy of becoming the leading transactional bank in Pakistan. The deployment of SunGard's Ambit is a major milestone in that direction. Now our customers can access their accounts from any branch among our extensive network, increasing their transactional convenience and accessibility. The deployment also equips us with tools to manage our business in an even more efficient, effective and controlled way. We appreciate the role of SunGard and its team during the roll out and look forward to their ongoing support."
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