The Banking Industry Architecture Network (BIAN) has signed its first Middle Eastern member, the Commercial Bank of Qatar (CBQ).

The Qatari bank, with a focus on commercial banking, retail banking and Islamic banking services, is only one of three members signing up at once, as India’s Institute for Development & Research in Banking Technology (IRDBT) and European insurer Achmea arealso joining BIAN.

IRDBT is a research institute and academic institution set up by the Reserve Bank of India to provide operational service support and consultant services to banks.

Hans Tesselaar, executive director, BIAN said: "It is great to add three more key members to our growing global network.

"This member signing is particularly significant for BIAN, as not only are we adding IDRBT from India and Achmea from Europe, but also our first Middle Eastern member – The Commercial Bank of Qatar."

CBQ says it will now work with BIAN to make its IT systems more effective and build solid foundations for future growth.

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.

Harry Margaritis, head of IT enterprise architecture at CBQ said: "Commercial Bank of Qatar is an innovative organisation operating in a fast growing economy with the challenge of continuously improving its services and the digital experience of its customers.

"In this journey, having a technology landscape where information can be independently provided and composed, in an agile yet sustainable manner, is a prerequisite.

"We believe that the standardisation promoted by BIAN can drive the Bank into delivering even more groundbreaking products and services, and we are excited to be the first bank in the Middle East to join this organisation."

 

Related articles:

BIAN and The Open Group launch practical guide to enterprise architecture in banking

BIAN announces four new members

BIAN launches Service Landscape 2.0