KARACHI: 14th November, 2018 – National Data Consultant (NdcTech), a leading IT firm in Karachi and Temenos Group AG the world #1 banking software company based in Geneva, Switzerland jointly hosted ‘Bank of the Future Forum 2018’, at Marriot Hotel Karachi. The forum is for banks, regulator; solution providers; international fintechs and industry-professionals, to share and discuss best practices and strategy to reinvent banking vision for the digital age.

Launched by NdcTech and Temenos eight years ago, the Bank of the Future Forum has continued to add value for leading financial institutions of Pakistan in all banking segments. This year approximately 150+ senior banking delegates and leadership representing over 22 banks attended the forum.

Behram Ahmed, Chairman NdcTech commented that: “We are delighted to announce the participation of such a notable group of industry leaders and experts in our 9th annual event”.

Ms. Ammara Masood, President and CEO NdcTech said “The rapid expansion of this forum reflects the banking community and industry professionals’ growing interest in financial technology. It’s a clear signal that technology’s critical role in transforming financial services is being recognized in Pakistan. The mindshare and products that Temenos and its Marketplace providers showcased was transformational”

Jean Paul Mergeai – Managing Director, Temenos Middle East & Africa said that: “Once again, I am honored to host our Bank of the Future Forum 2018 with NDCTech in Karachi. It is indeed a great opportunity to greet Temenos’ existing Pakistani clients and our future prospects. We have been committed to this market with NDC since year 2000 and have continuously invested in certifying T24 expert resources. We are also excited to introduce many new products which are demonstrated by a team of experts who came to Karachi specifically for this occasion. I am also very grateful to NdcTech who helped us introduce our technology to Pakistan and have consistently and successfully delivered value to the growing community of our clients here and across the Middle East.”

Represented in this forum were five international fintechs, NetGuardians (Fraud Management), Deon Digital (Blockchain), HID Global (Security and Risk) and Atoma Technology (Automated Testing and Release Solutions).

About NdcTech:
National Data Consultant (pvt) Ltd (“NdcTech”) is an award winning partner of Temenos providing unmatched services and innovations to financial institutes and banks. We deliver transformational services including Consulting on best practices, Implementation, Upgrade, Support and Training of Temenos and other Partner solutions. We collaborate with our customers in MEA to enhance their digital capabilities and solve their toughest challenges by driving innovations to create new products and business models. Our expertise and experience is in the areas of Conventional Banking, Islamic Banking, Central Banking, Microfinance Banking, Investment Banking and Non-Banking Financial Institutes. Our philosophy is to build on our past successes by innovating based on best-of-breed technology solutions backed by a world class services and training capability which features industry best practices, domain knowledge and local requirements in the banking and financial sector For more information, please visit our website http://www.ndctech.net

About Temenos
Temenos AG (SIX: TEMN), headquartered in Geneva, is the world’s leader in banking software, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 3,000 firms across the globe, including 41 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers. Temenos customers are proven to be more profitable than their peers: over a seven-year period, they enjoyed on average a 31% higher return on assets, a 36% higher return on equity and an 8.6 percentage point lower cost/income ratio than banks running legacy applications. For more information, please visit www.temenos.com.