Riyadh: Vision Bank, a Sharia-compliant digital bank in Saudi Arabia, has successfully launched its pilot phase using Finastra Kondor and DXC’s cloud-based managed services. This implementation enhances the bank’s treasury trading, risk management, and compliance capabilities while supporting its digital growth strategy.
CEO Abdul Shakeel Aidaroos emphasized the bank's commitment to innovation and regulatory compliance, aligning with Saudi Vision 2030’s Financial Sector Development Program. The collaboration with Finastra and DXC ensures scalability, business continuity, and seamless product rollouts.
Finastra Kondor, a leading treasury trading system, equips financial institutions with advanced risk management and operational tools. Vision Bank’s adoption of the solution follows its recent approval from the Saudi Central Bank.
Finastra EVP Wissam Khoury highlighted the role of Kondor in Vision Bank’s transformation, while DXC’s Anthony Hammond reaffirmed DXC’s commitment to delivering secure and scalable financial technology solutions.
