FGB: FGB Online Connected Corporate Banking

by Susan Feinberg, April 4, 2017
Case Studies
Global

Abstract

Celent Model Bank Award: FGB: FGB Online Connected Corporate Banking

Winner of Celent Model Bank 2017 award for Corporate Digital Platform. • The FGB Connected Corporate Banking initiative represents a prime example of a bank in a developing region that is leveraging technology to leapfrog its competitors by offering an integrated, digital experience for its transaction banking clients.

FGB is the first bank in the Middle East to offer an omnichannel integrated transaction banking solution that includes Islamic Banking capabilities.

"This initiative was a major undertaking that has seen FGB reinvent its entire approach to corporate banking, transforming back end systems and processes and revolutionizing client-facing capabilities," commented Susan Feinberg, Senior Analyst of Celent's Banking practice.

FGB Letter of Credit Initiation

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned operating unit of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

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