Finance Fintech era, NBFCs are investing more in strength-
The Bank-BPM platform is a Banking Processes
ening their IT prowess to serve their customers bet-
Management Platform that integrates with multiple
ter and most of them have already adopted sophis-
systems, enabling data exchange through a smart
ticated systems. Today, the concern is whether the
hub.
regulatory bodies would term them as CBSs or just another Loan Management systems (LMSs)
The Bank-CEP platform provides a ready to implement solution that manages the customer journey
In our pursuit for a banking solution provider that
across multiple touchpoints.
meets the demands of the centralized banks and the NBFCs, we learnt about Pio-Tech. Pio-Tech, a Jor-
The Bank-BI Enterprise Compliance Platform is a full
dan-based software solution provider, has marked
suite of business products that enable banks to effi-
its name in the banking industry for delivering some
ciently and automatically comply with international
of the most effective and creative banking solutions.
regulations and auditing standards.
It has served the purpose of digital transformation and business acceleration across the Middle East
Capabilities of the Bank-BI Enterprise Compliance
and the African Continent.
Platform
One of the reasons for its nomination for the ‘Most
In more than 15 years, Pio-Tech has completed
Innovative Banking Solutions Provider in Jordan,
more than 400 projects with 100 Blue chip clients
2021’ at International Business Magazine was the
across 14 countries largely based out of the Middle
level of flexibility it offers for different kinds of cus-
East and Africa nations.
tomers. Its clientele includes – Jordan Commercial Bank (JCB), Palestine Investment Bank (PIB) Group,
Banking solution providers like Pio-Tech consider
Arab Jordan Invest Bank (AJIB) Group, NCBA Bank
Information management and Risk management
in Kenya, Housing Bank for Trade & Finance, Safwa
as the highest priorities of the financial institutions.
Islamic Bank and similar others. The true innovation
Institutes that have installed these systems have
lies in the fact that the platform delivered for each
reported improved quality in documentation pro-
of these institutes is a Banking Intelligence solution
cesses and removal of redundant intermediate pro-
that is customized by Pio-Tech for each of its clients
cesses. The intelligent business tools have enabled
to meet their specific needs.
retention and building of better customer relationships and customizable product offerings.
Pio-Tech describes Bank-BI as a ‘Performance Acceleration’ platform and an ‘Enterprise Banking Analytics’ solution that aids its clients in delivering performance and executing strategies that enhance services and customer engagement.
28 | 2021
Article by Ujal Nair
