Riyadh, Saudi Arabia, November 2016: Samba Financial Group (Samba) has selected GAMMA, the T24 Monitoring tool of Abris for T24 online and COB monitoring along with other banking operations. Samba will have a GAMMA setup with full functionality but the main purpose is to monitor the COB. The relationship between Abris and Samba can be dated back to 2 years ago, when Abris performed a successful POC to Samba, however, GAMMA implementation did not take place then, as Samba had the request for a feature which was yet to be developed for GAMMA. This is the Multicountry, which enables client to run separate COBs for each country. Multicountry is now available in the 2.4.4 relase of GAMMA and Samba is the first client who will be using this newly developed feature.
Abris team has started the initial phase of implementation in UAT system from offsite in the second half of November 2016 and the installation is ongoing since then .
Gamma is capable of handling six different T24 installations or six different countries per Gamma Server. Samba bought a total of two Gamma licenses from Abris, one for the test and another for the 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