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Nucleus Software showcases Digital Lending and Advanced Analytics at the Middle East Banking Innovation Summit (MEBIS) 2017

August 17, 2017 | Press Release

New Delhi. India/ Dubai, United Arab Emirates, August 17, 2017: The Middle East Banking Innovation Summit (MEBIS) is proud to announce that Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, is participating as a gold sponsor at the event which will be held September 18-19, 2017 in Dubai. Organized by global conference producers, Expotrade, the summit in its 7th year will focus on the region’s Fintech market, technology driven banking trends and the emerging challenges with digitalization.

The growing popularity of FinTech and the rise of digitization has created both threats and opportunities for banks in the Middle East. To stay ahead and take advantage of the evolving market dynamics, banks need to leverage digitization and analytics to provide superior customer experiences – giving customers what they want, when and where they want it at an attractive and profitable price. According to Capgemini, 64% of banking customers in the Middle East and Africa are already using FinTech products and services. However, while 96% of banking executives agree that the industry is evolving toward a digital banking ecosystem, only 13% say they have the systems in place to support it. How can banks and financial service companies compete in this challenging environment? How can they deliver the experiences that consumers are demanding, across the channels they want, and how can they do it all profitably?

Daragh O’Byrne, Global Head, Marketing and Alliances, Nucleus Software will be speaking at this event on how innovative the use of digital, personalization and analytical capabilities can help financial service companies drive the future of lending and help them become the “Bank of Tomorrow - Today” During the event, Nucleus Software’s experts will engage in discussions with leading banks to show them how to leverage the power of digital and analytics to attain their business objectives.


Commenting on the partnership Daragh O’Byrne, Global Head - Marketing and Alliances, Nucleus Software said,
“The Middle East is one of the world's fastest growing markets in the banking and capital markets sector and is making significant progress in digital transformation. Agility, innovation and digital are the keystones for future growth. With the three decades of expertise gained by working with 150 of the world’s most innovative banks and financial services companies, we know we can help banks in the Middle East address the challenges presented in the financial services sector today. For more than a decade we have been helping banks across the Middle East automate and streamline their operations, to provide their customers with innovative lending products and outstanding customer service.”

 

“It gives us great pleasure to welcome Nucleus Software once again for the seventh edition of the Middle East Banking Innovation Summit. As one of the sponsors for the past editions of the summit, it indeed means a lot to us to have Nucleus Software recognize the value in our summit and join as a Gold Sponsor. Solutions offered by Nucleus Software allow banks to offer an enhanced banking experience to their consumers. The summit predominantly focuses on the technological innovations in the banking domain, highlighting products and solutions that bring about a fundamental difference in the banking services, and we are confident this event resonates with Nucleus Software’s brand vision. We look forward to a long and fruitful relationship with them.” said, Mr. Brad Hariharan, Regional Director, Expotrade Middle East.

The Middle East Banking Innovation Summit will gather over 450 senior bankers based in the UAE and across the globe. Over 40 global and regional CIOs, practice heads will participate as speakers and plenaries at the summit. To know more about the 7th Annual Middle East Banking Innovation Summit, please log on to http://www.bankinnovation-me.com/. Follow the Summit on social media with the hashtag #MEBIS2017.

About Expotrade:  

Expotrade is a global conference and event organizer with its head office based in Melbourne, Australia and a regional office in Dubai, United Arab Emirates. Expotrade has delivered some of the largest, most successful B2B industry conferences and events. For almost 15 years, our unique blend of knowledge, experience and flexibility has accomplished an array of consistently top quality events. Today, Expotrade events enjoy such a distinctive edge, they are amongst the best patronized in the calendar.

For more information, visit www.expotradeglobal.com

About Nucleus Software

Nucleus Software (BSE & NSE: NUCLEUS) is the leading provider of lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in 50 countries, supporting retail banking, corporate banking, cash management, internet banking, automotive finance and other business areas. Nucleus Software is known for its world-class expertise and innovation in lending and transaction banking technology. It has two flagship products, built on the latest technology:
  • FinnOneTM 10 time winner - World’s Best Selling Lending Solution. 
  • FinnAxiaTM, an integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: http://www.nucleussoftware.com/safe-harbor.

For Media related information, please contact:

Rashmi Joshi, Nucleus Software
Email: rashmi.joshi@nucleussoftware.com
Phone: +91-9560694654