Tuesday 06, May 2008 by
Al Wasatah Al Maliah Islamic brokerage picks Temenos
Temenos Group, a provider of integrated core banking systems, has said that Al Wasatah Al Maliah, a newly established Islamic brokerage and investment house, has become the first non bank-backed financial investment services company in Saudi Arabia to implement Temenos T24 (T24). Al Wasatah Al Maliah signed with Temenos in February 2008 with a go live date scheduled for the summer of 2008. T24 will support all the company's operations in Saudi Arabia and the GCC.
