Unisys Corp. has signed a multimillion-dollar agreement with Arab Banking Corp. of Manama, Bahrain, for treasury and risk management systems.

The $24 billion-asset bank will use the Unisys FBA Urbis core wholesale banking technology, Aquanta XS/6 multiprocessor server platforms, and consulting and support services. The FBA Urbis system will offer on-line, real-time treasury back-office capabilities, including accounting and risk management. Elements of the bank's technology strategy will also include deal capture and position keeping, letter of credit and documentary collections, data storage and retrieval, and interfaces to the bank's existing systems.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.