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ORION, KASTLE
Universal Lending (ULS) and KASTLE Treasury are amongst the chosen
products
India, 19 October, 2015: Saudi Home Loans (SHL), a
Riyadh based fully Islamic specialized home finance company, established to
provide customer focused products and services to finance home loans, adopts 3i
Infotech's mainline solutions- ORION, KASTLE Universal Lending (ULS) and KASTLE
Treasury.
SHL is now equipped with powerful capabilities to
manage three key processes - Internal Systems, Data Management & Human
Resource Management.
Speaking on the occasion, Jeelani Basha, Geo Head-
KSA and Bahrain, 3i Infotech said, “The new system implementation by 3i
Infotech has enabled SHL to automate and improve their go-to-market strategy to
offer new products in the lending business market. The new system has also
enabled the end users to access customers’ information and documents on real
time basis which will eventually improve the user performance as well as
customer relationship.
Abdulelah Al-Shaikh, CEO, Saudi Home Loans
commented, “SHL selected 3i Infotech’s KASTLE ULS (integrated with DMS and
OBI), KASTLE Treasury and ORION. We went Live on these solutions in June, 2015.
Implementation of these products involved a number of challenges but the
dedication and knowledge of 3i Infotech’s team made it to a successful
migration into production, and since then, we have been able to serve our
customers with superior services. We continue to work closely with 3i Infotech
and agree the timetable for the phase two deliverables. We look forward to
continue our collaboration and I hope this collaboration will be a long and
enduring professional relationship between the two companies”.
KASTLE ULS is an enterprise-wide lending solution
that automates the entire lending life cycle from customer acquisition to
recovery. KASTLE ULS accelerates commercial lending, consumer lending, home equity,
project financing, Islamic lending and micro finance.
KASTLE Treasury is a leading, integrated treasury
management solution used by financial institutions worldwide to meet their
business objectives. Equipped with holistic picture of an organization’s
financial health, KASTLE Treasury offers multi-entity, multi-portfolio,
multi-dealing room environment supported by robust risk management, back-office
management, and MIS. With the capability of being deployed on Oracle Database
11g Release 2, KASTLE Treasury is now Oracle Exadata & Exalogic Ready.
With the deployment of the technologically advanced
ORION ERP system, SHL gets complete control over the value chain and instant
access to actionable and critical business information which is imperative for
growth oriented businesses to run seamlessly.
Efficient management of SHL transformation adds
another feather to the 3i Infotech’s leadership skills in the Banking and
Financial Services sector in Kingdom Of Saudi Arabia region.