Grindlays Qatar Bank Replace Legacy System with Misys
Grindlays Qatar Bank (GQB) has implemented Misys Retail Banking’s Equation banking system. Previously, GQB employed the IT infrastructure supported by its shareholder, Standard Chartered Bank. However, in June this year Standard Chartered Bank sold its 40 per cent equity to the remaining shareholders. Whilst it was agreed that Standard Chartered Bank would continue to provide support services for twelve months, GQB explained that it required its own infrastructure to be in place at the end of that time. With the exception of two specialised applications, GQB now relies entirely on Misys Retail Banking Systems for software and IBM for hardware.