InfoTech Group proudly announces the successful digitization of the National Bank of Pakistan (NBP) through the implementation of Finastra’s Trade Innovation solution. This accomplishment is a crucial step in InfoTech’s ongoing commitment to reshaping the banking landscape, utilizing cutting-edge core banking solutions to enhance operational efficiency, elevate customer experiences, and drive dynamic growth in the digital banking realm.
The collaboration between InfoTech and Finastra has played a pivotal role in modernizing NBP’s trade finance operations, contributing significantly to the bank’s overall growth strategy. Finastra’s Trade Innovation solution, seamlessly integrated by InfoTech, has proven instrumental in reducing transaction costs and delivering a superior user experience for NBP customers.
Key success factors include the implementation excellence demonstrated by InfoTech, successfully deploying Finastra’s Trade Innovation solution at NBP within a record period. This showcases the company’s proficiency in swift and efficient implementation processes. The digitization effort has resulted in a substantial reduction in trade processing time for NBP, leading to significant cost efficiencies for the organization.
The services portfolio encompassed a range of crucial elements, including implementation, maintenance, branding, managed services, staff augmentation, support upgrade, and customization.
Expressing satisfaction with the collaboration, Amin Manji, SEVP/Group Chief, stated,
“InfoTech has successfully deployed Finastra’s Trade Innovation solution at NBP in a record period, and we are pleased with the result. NBP has seen a substantial reduction in trade processing time. This has led to significant cost efficiencies for the organization. We are proud of our partnership with InfoTech in our journey towards NBP’s digital transformation.”
This achievement highlights the ongoing commitment of InfoTech Group and Finastra in driving the digital banking revolution, exemplifying the transformative power of innovative solutions in the financial sector.
