Noor Islamic Bank has deployed SunGard's Ambit Reconciliation & Exception Management system to support its volume growth.
 
Ambit Reconciliation and Exception Management should help Noor Islamic Bank to meet its growing volume requirements by automating the matching and reconciliation process across its cash nostro and cards business. It will help the bank's financial decision-making capabilities by providing reconciled data for cash flow products across its operations. The added transparency into its operations and improved process efficiency, as well as the scalability of the Ambit solution, should help Noor Islamic Bank to increase its competitive advantage in the region.
 
Jan Kirchhoff, chief information officer of Noor Islamic Bank, commented, "Our previous reconciliation system placed limitations on our ability to grow... with Ambit Reconciliation & Exception Management solution we are now able to reconcile data accurately and efficiently and keep up with our growing volumes."