https://techdestination.com/

EfroTech - Intelligent.Business.People.

EfroTech - Intelligent.Business.People.

AutoSoft Dynamics (Pvt.) Limited is pleased to announce that Askari Bank Limited, Pakistan, a leading bank in the country, has gone live with AutoSoft’s Islamic Treasury Management System – ADAMS Islamic and RTGS STP utility (Real-time Gross Settlement System Straight Through Processing)–AutoRTGS. The bank can now easily manage and control their Islamic treasury operations using ADAMS Islamic as well as process large value funds transfers between banks using the AutoRTGS – RTGS STP Utility.

ADAMS Islamic is fully integrated with ORACLE core-banking system of Askari Bank. ADAMS Islamic system is an automated dealing, money market and securities trading solution that is fully Shariah compliant and is fully equipped to support Askari Bank’s Islamic treasury automation requirements. It provides the bank with a state of the art, multi-portfolio, multi-dealing room environment supported by robust risk management, back office management, statutory and management reporting features.

AutoRTGS is a real-time Straight Through Processing application for processing of large value interbank remittance transactions in real-time as per the policies and procedures set by the State Bank of Pakistan. AutoRTGS utility is integrated with State Bank of Pakistan’s RTGS system and can be integrated with any banking system to easily link the STP utility for processing of remittances and large value funds transfers between banks.

AutoSoft and Askari Bank have enjoyed a long-standing relationship; the bank has been using AutoSoft’s conventional treasury management system since 2002 to support their treasury-trading desk. The bank signed up for ADAMS Islamic and AutoRTGS at the end of September 2016 and within 3 months was pleased to go live with ADAMS Islamic on January 10, 2017. AutoSoft successfully implemented the AutoRTGS system within State Bank of Pakistan’s stipulated deadline of December 31, 2016. State Bank of Pakistan has now finally given Askari Bank the go ahead to go live with real-time posting in State Bank’s RTGS solution.


Pseb Footer

PSEB

Pakistan Software Export Board (PSEB) is an apex Government body mandated to promote Pakistan's IT Industry in local and international markets. PSEB facilitates the IT industry through a series of projects and programs in infrastructure development, human capital development and company capability development.

Newsletter

Mon Tue Wed Thu Fri Sat Sun
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

Address


Islamabad - Head Office

2nd Floor, Evacuee Trust Complex, F-5, Islamabad

UAN: +92-51-111-333-666
Telephone: +92-51-9204074
Fax: +92-51-9204075
E-mail: [email protected]
© 2021 PSEB. All Rights Reserved. Developed by Nexus Technologies