Samba chooses GAMMA with new feature

Riyadh, Saudi Arabia, November 2016—Samba Financial Group (Samba) has chosen ABRIS’ IT operations tool, GAMMA for the monitoring of various banking operations. Samba will have full functionality, but their primary focus is on monitoring the COB and the online processes. They will be able to do so in multiple countries thanks to a new feature.

New feature: Multicountry

The relationship between ABRIS and Samba dates back to 2 years ago, when ABRIS performed a successful POC to Samba. The GAMMA implementation, however, did not take place then, as Samba requested a feature which was yet to be developed. This is the Multicountry feature, which enables clients to run separate COBs for each country. Multicountry has now become available with the 2.4.4 GAMMA release. Samba is the first client that will be making use of it.

Implementation

An offsite ABRIS team started implementation in the UAT environment in the second half of November 2016. The implementation has been in progress since.

Samba purchased a total of two GAMMA licenses from ABRIS, one for the test environment and another for production.

About Samba Financial Group

Samba Financial Group (formerly known as The Saudi American Bank), is a large banking firm in Saudi Arabia. The combined institution had 66 branches in the Kingdom. Its international operations consist of a branch each in London, Qatar and Dubai, as well as a subsidiary that has 28 branches across major cities in Pakistan. Samba has completed more around 32 years of operations in the UK since upgrading its presence from a representative office in 1984 to a fully licensed bank in 1987.

In the UAE, Samba has received a full commercial banking license to open a branch in Dubai. Samba launched their first integrated branch in Dubai in June 2008. In early 2010, Samba opened its first branch in Doha, Qatar, after they acquired an operating license from the Qatar Financial Center Authority. Samba has acquired a majority stake in Crescent Commercial Bank Ltd, Pakistan in 2007 and rebranded it as Samba Pakistan Limited and expanded its branches to 28 in a record time, and thy become 34 branches now.

For more information, visit: www.samba.com