Bank Hapoalim Upgrades International Branches With Financial Objects Platform
Israel’s Bank Hapoalim has licensed Financial Objects’ IBIS S2 solution for private banking, credit management, commercial lending, trade finance, treasury and financial sanctions. The implementation is part of Bank Hapoalim’s overall programme to update its international branches. IBIS S2 will go live in the bank’s London and Manchester branches by early 2004. Bank Hapoalim’s selection of IBIS S2 will enable it to extend functionality, streamline processing, enhance customer service and facilitate compliance with the international accounting standards (IAS), according to Financial Objects.