Pennant successfully completed the project to integrate the Automated Cheque Clearing System(ACCS) with core banking application…
January 15, 2015 Hyderabad – : Pennant Technologies, a leading provider of software services and products to leading banks across Middle East, announced that it successfully delivered Enterprise Application Integration Services to ABK, Kuwait. Pennant’s EAI integrated the newly procured Automated Cheque Clearing Solution with its Core Banking Application.
Enterprise Application Integration (EAI) services are a niche practice in the technology services arena which requires excellent functional expertise and insights about the intricacies of information requirement across the various applications. In addition successful implementation of the enterprise application integration necessitates constant coordination with various application personnel and the respective vendors which often becomes a daunting task.
Pennant delivered numerous Enterprise Application Integration services to leading banks across GCC countries leveraging its domain expertise and excellent understanding of operational intricacies. In couple of banks, Pennant successfully integrated all of its service delivery channels to the core banking and other transactional processing systems.
Rama Krishna Raju, CEO & Director, Pennant Technologies, says, “We’ve started offering the best in class application integration services since the inception of Pennant. We believe our excellent technical and functional expertise coupled with our understanding of enterprise application integration services from business perspective helped us achieve the outstanding results. We have always delivered the solutions within the stipulated timelines and well within the budget.”
About Ahli Bank, Kuwait:
Al-Ahli Bank (ABK) is a leading bank in Kuwait (Middle East) with a retail network of 31 branches and two overseas branch in Dubai and Abu-Dhabi, UAE. The full-service branch in Dubai and Abu-Dhabi has been servicing both Kuwaiti and UAE-based clients, clearly demonstrating our commitment to the commercial business between Kuwaiti and Gulf-based Arab producers and exporters. ABK offers gamut of retail, corporate and treasury products and services to its customers including top-performing mutual funds
Pennant Technologies, dynamic and innovative software solutions and services company offers comprehensive suite of end-to-end business driven technology services and next generation software products covering all the functional areas of BFSI vertical. Pennant offers the right-fit and next generation products that address the unique requirements of banking. The suite of offerings includes Islamic Finance Factory, Cross Sell, Interactive Communication Manager, Enterprise Social Media Management, Notification Manager, Lending Factory, Direct Debit, Host Integrator, Utility Bill Pay and Business Continuity.
Pennant’s suite of solutions and services encompasses Enterprise Application Integration Services, Application Services comprising Application design, development, maintenance services and Consulting services comprising IT consulting and Business Continuity Management services.
Pennant empowers its customers to effectively address their business challenges with its deep domain expertise backed with excellent insights of local market dynamics and leveraging the latest technology advancements.