( MENAFN – Edelman) Riyadh, Saudi Arabia, 13 February 2025—The Arab energy Fund, formerly known as APICORP, a leading multilateral impact financial institution, announces the successful implementation of the Temenos Arrangement Architecture Consumer Lending and Facilities Lending solution by Systems Arabia. The implementation will support The Arab Energy Fund’s Corporate Banking by enhancing loan issuance and management, particularly to accommodate products related to sustainability, green initiatives, and Sharia-compliant facilities. Additionally, it improves the Fund’s ability to manage syndicated loans and the functions effectively. Fahad Alshahrani, CSSO of The Arab Energy Fund, added: “This implementation marks a pivotal step in our digital transformation journey, significantly enhancing our operational efficiency and service delivery to our clients. This advancement will enhance our efficiency in providing superior lending offerings to our clients and streamline our agency operations.” Rao Hamid, General Manager, Systems Arabia, commented: “We are proud to partner with The Arab Energy Fund on this transformation, representing a significant leap forward for lending modernization in the region.” William Moroney, Chief Revenue Officer, Temenos, remarked: “Temenos is honored to partner with Systems Arabia in supporting The Arab Energy Fund’s journey toward lending modernization, providing a unified, flexible, and scalable platform for loan servicing.” […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
