BIBD Embraces Prepackaged Murex Solution for Bank Treasury with Islamic Finance Specificities

BIBD outlines a critical transformation project and chooses Murex as a partner

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In 2015, BIBD decided to revamp its treasury system to be fully up-to-date with stringent international norms. The update would provide a series of benefits: the bank would have full straight-through processing management of front-to-back-to-risk operations; the move would position BIBD to expand beyond Brunei; and it would allow BIBD to diversify and scale its service and product offerings.

BIBD also aimed to embrace comprehensive Islamic treasury compliance, leveraging the expertise of a technology partner fluent in the space.

BIBD’s ambitious goals and tight deployment timelines were key drivers in selecting Murex as a long-term partner. Download this case study to learn more about how Murex facilitated BIBD’s successful implementation.
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