Al Ahli Bank of Kuwait (ABK) has tapped Infosys unit EdgeVerve Systems to support automation of business processes.

The bank will utilise AssistEdge Robotic Process Automation, which offers integrated software robots to automate repetitive processes.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Edge Products and Infosys Nia SVP and global head Atul Soneja said: “Our relationship with Al Ahli Bank comes at a critical juncture as the industry pivots towards intelligent automation, and AssistEdge is well poised to release a series of breakthrough innovations to help our clients embrace cognitive capabilities.”

According to the supplier, AssistEdge will boost operational productivity of the bank.

ABK group COO Somnath Menon said: “Robotic Process Automation is part of ABK’s digitisation strategy to transition to the next level of innovation and technology in banking.

“ABK has collaborated with EdgeVerve and successfully implemented RPA in key areas of Operations and Information Security. We continue expanding the scope to include other areas to improve efficiency, productivity, security, and enhance customer experience.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The automation journey will enable us to migrate repetitive tasks to the digital workforce and reskill our staff to deliver more value added activities.”

The latest partnership builds on the bank’s existing relationship with Infosys.

In 2016, the bank chose Infosys Finacle solutions covering core banking, trade finance, wealth management, CRM, e-banking, payments, treasury, alerts, SMS banking, liquidity management, retail, and corporate loan origination.