BIBD Embraces Murex Solution for Bank Treasury with Islamic Finance

BIBD outlines a critical transformation project and chooses Murex as a partner

In 2015, BIBD decided to revamp its treasury system to be fully up-to-date with stringent international norms. The update would provide a series of benefits: the bank would have full straight-through processing management of front-to-back-to-risk operations; the move would position BIBD to expand beyond Brunei and it would allow BIBD to diversify and scale its service and product offerings.

BIBD also aimed to embrace comprehensive Islamic treasury compliance, leveraging the expertise of a technology partner fluent in the space.

BIBD’s ambitious goals and tight deployment timelines were key drivers in selecting Murex as a long-term partner. Download this case study to learn more about how Murex facilitated BIBD’s successful implementation.