NDC & Temenos Host FINTECH FORUM 2016 in Karachi

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NDC & Temenos Host FINTECH FORUM 2016 in Karachi

KARACHI: National Data Consultant (NDC) and Temenos Group AG jointly hosted NDC & Temenos Fintech Forum 2016 at the local hotel in Karachi, for the banking community in Pakistan. The event was an open forum for customers, users, partners and industry-peers, to share and discuss best practices in the use of NDC and Temenos’ products and services. The main theme of this User Group was: Digitization and BLOCKCHAIN – The Next Disruptive Innovation.Banking industry participants had the opportunity to; hear Temenos’ vision of BLOCKCHAIN for the future, exchange product ideas and experiences, debate industry trends and developments, while also hearing the latest on NDC’s service offerings.The full day annual event was designed to create an engaging dialogue between banking customers and industry professionals. It also served as a platform for initiating, developing and strengthening business relationships among resourceful enterprises and banking institutions. Speakers and expert panel-members engaged the participants throughout the presentations and brought forward the important topics that are top of mind for banking IT.The Chairman of NDC – Behram Ahmed commented that: “banking technology both users and non-users of the Temenos products would gain significantly from attending some of the key sessions, especially ‘Blockchain’ which relate to the future of banking and technology

Jean Paul – Managing Director, Temenos Middle East & Africa said that: “I am honored to host our Fintech Forum 2016 with NDC in Karachi. It is indeed a great opportunity to greet Temenos’ existing Pakistani clients and our future prospects.

 The President and CEO of NDC – Ms. Ammara Masood gave an introduction about NDC and the Fintech Forum, and an overview of Temenos and its partnership with NDC. stated that; “We are delighted to welcome our customers and prospective clients in Pakistan this is the 16th year of NDC’s successful partnership with leading banking software provider, Temenos, Today Banks are in a fight for the customer, not only with other banks but also non-banks. Fintechs like NDC can help incumbents, not just disrupt them.”

 The Regional Product Manager of Temenos  – Fadi Yazbeck dilated on the topic: The Islamic Banking of the Future; Islamic banks are facing pressures; having to both adapt to the opportunities generated by innovative technologies, while competing with a growing number of alternative financial providers, while remaining Shari’ah compliant.  Waqas Akram of Red Cloud covered the topic: All about Agency Banking and technology to change financial services.A panel discussion was also held, with all the Banks CIO’s and Industry experts discussing Blockchain and its key applications. The session was moderated by Mr. Ivan Van Bladel (Partner Manager MEA) and Ms. Ammara Masood (President & CEO, NDC). The panelists included: Dr. Aamir Matin (Head of IT Strategy, HBL), Hamayun Sajjad (Head of innovation, UBL), Faiz-Ur-Rehman (CIO, Meezan Bank), Ahmed Saqib, CIO, Soneri Bank and John Schlesinger, Chief enterprise architect, Temenos.

About NDC:

NDC is an award-winning core banking implementation partner, twice recognized for its outstanding performance by Temenos’ “Partner Project of the Year” award in 2011 and 2014.NDC specializes in providing IT solutions for Islamic banking, microfinance banking, channel banking along with conventional and investment banking regionally in Middle East and Africa.