Sopra Banking Software supports Attijariwafa bank’s launch in Egypt
Paris, 25 July 2018 – Attijariwafa Bank Egypt and Sopra Banking Software announce successful completion of the bank’s global IT transformation. Following the acquisition of Barclays Bank Egypt, at the end of 2016, Attijariwafa Bank group has launched a major transformation programme with Sopra Banking Software, its long-term partner in over 20 countries, across Africa and Europe.
Mr. Ismail Douiri, Attijariwafa bank Group Co-CEO: “Attijariwafa bank has always been keen to adapt its strategy to the specific needs of each market it operates in, while building on the skills, systems and experience of all its other African and European markets.” With this new implementation, Attijariwafa bank widens its international footprint in the 3rd largest African economy with a population of 92 million inhabitants and a banking sector with significant growth prospects. It will also offer Attijariwafa bank a unique opportunity for further development in Middle East and Eastern Africa.”
Sopra Banking Software has been entrusted with overall IT transformation programme management for the Moroccan group’s new subsidiary, in which Sopra Banking Amplitude, a core banking solution, now plays a central role alongside other business software solutions.
The go live was took place on the 10th of June, on time, after a 13 month-project, with the full range of the bank's activities running on the new system. "Working hand in hand with the bank's project team, Sopra Banking Software has demonstrated its capacity to handle a global transformation project under a very tight deadline and with the challenging requirements of a leading financial institution like Attijariwafa Bank. We are extremely proud of this success. It showcases how Sopra Banking Software provides banks with a sustainable edge over their competition," explained Patrick Navarro, Senior Vice-President Middle East & Africa, Sopra Banking Software.
Ismail Douiri, comments: "In order to play an even more significant role in the competitive Egyptian market and manage our increasing volume of transactions, we were keen to take advantage of our new system. It enables us to be more efficient and provide a better customer experience. It was important for us, in the Egyptian competitive market, to implement our ambitious strategic plan "Believe in You 10/22" as soon as possible. For this, having an optimized information system, combining flexibility and robustness, was essential. We achieved this goal in record time, and under the best conditions thanks to the exemplary collaboration between the various organizations involved: a project team of nearly 600 people from 15 different nationalities speaking 3 languages. The migration involved 1,000 people who ran 1,800 tasks during the go-live weekend. "