Sybase announces their first wireless banking deal with First Islamic Investment Bank today

Sybase Middle East and Path Solutions have announced today that First Islamic Investment Bank in Bahrain selected iMAL*Anywhere, a mobile banking application, which runs on Sybase iAnywhere wireless technologies.

The wireless solution has multifunctions as it can be used for analytical purposes. This is done by giving access to view the customers details as well as the facility to update profiles remotely.

iMAL mobile application solution gives out the facility to personalize information sent or viewed by the customer as well as to view data either online or offline with a very high security level profiles and options. It can be integrated to any host system. The solution is currently seamlessly integrated with iMAL host system.

As part of the project, Sybase Middle East and Path solutions have jointly developed iMAL*Anywhere, based on Sybase iAnywhere technologies. The application runs on pocket PC 2002.

Path Solutions provides a complete enterprise solution and service to the customers based on a modular approach. The company also ensures fully seamless integration among the different modules. Path Solutions offers an enterprise solution that covers all the aspects of the Islamic banking paradigm from commercial to investment, from wholesale to retail along with the admin type of applications.

"We have selected Sybase iAnywhere technology as we believe that any solution provided by Path should always be a Best of breed in terms of technology and present exceptional features at the level of the business functionality. The selected technology provides distinctive benefits by minimizing communication cost and maximizing benefits such as performance, security and data availability anywhere, anytime, anyplace. Users can always view their position and process the required transactions, even when they are not connected, since the data resides securely on their device." Said Naji Moukadam, Executive Vice President R&D, Path Solutions.

"Our distinctive leadership position in the wireless mobile database worldwide as well as in the Middle East marketplace along with our commitment to First Islamic Investment bank in Bahrain, were the main reasons of Sybase's selection. As a matter of fact, this unique initiative with our partner, Path Solutions has strengthened our relationship with FIIB to be a long-term loyal relation with our top important client for which Sybase always made a quality contribution into," said George Khouri, Managing Director, Sybase Middle East.