• New Technologies Inspiring Distinguished Bank Performance

Project Description

Banque Misr

Banque Misr was established in 1920 and is considered the second largest bank in Egypt. It’s one of the largest banks in Africa and the Middle East and it currently owns equity in 160 projects. The bank is working to reach their main goal of gaining leadership through distinguished performance. Banque Misr cooperates with more than 6 Million customers and handles billions of transactions. The Bank’s operations include a large number of business processes with transactions between different branches across various locations.

Challenges

  • Difficult management of big number of processes between different locations
  • Trying to reach customer satisfaction and unique daily operations performance
  • Redefining business processes, as they were not well defined
  • Automation of existing paper based business processes
  • Inability to track the updates of each customer’s request
  • Mutual funds were managed by an outdated system which risked their security and existence

How We Solved It

Our Enterprise Content Management Solution (ECM), Business Process Automation (Workflow) Solution and Reporting Tool – running over IBM Cognos Reporting Tool and IBM Websphere Process Server technologies – allowed Banque Misr to solve all of the above challenges. We were responsible for the automation of 4 main processes:

  1. The Letter of Guarantee (LG) Process
  2. The Mutual Funds Process
  3. The Check Collection Process
  4. The Online Money Transfer (OMT) Process

The whole process was challenging as we needed to integrate the 4 processes with the bank’s archiving solution, as archived files are always attached to all requests submitted to the bank.

The mutual funds files were fully integrated and securely migrated to the new process without the loss of any existing files. Thanks to the Reporting tool, Banque Misr employees can now search for any needed reports, as well as view reports and analytics already embedded in and integrated with the Business Process Automation Solution.

Key Results

Project Details

  • CustomerBanque Misr
  • CountryEgypt
  • IndustryBanking
  • Year2013
  • SolutionEnterprise Content Management, Business Process Automation (Workflow), Reporting Tool
  • Technologies & ServicesIBM Cognos Reporting Tool, IBM Websphere Process Server, Java, JSF, jQuery, EJB, SOAP, REST, JPA
  • Websitewww.banquemisr.com/en