09/07/2012

Pio-Tech the leading provider of Banking Business Intelligence and Performance Management solutions in the region, had announced lately that Near East Commercial Bank S.A.L. (NECB) had selected the company’s Bank-BI ® Data Warehouse solution to be implemented at the Bank; the solution that will provide automatic data gathering in a unified data warehouse at the whole bank level.

NECB S.A.L. selection of Bank-BI ® came after exploring the solution’s extraordinary capabilities and features that provides the bank with analysis and performance monitoring tools, in addition to automatic preparation of regulatory reports and Central Bank of Lebanon compliance requirements.

Being one of the leading banks in Lebanon, NECB S.A.L. is continuously improving its services and technology infrastructure. NECB’s Chairman, General Manager Mr. Douglas Beckett said that “We believe implementing Bank-BI ® will contribute to our progress strategy and increase agility, NECB S.A.L. selection for Pio-Tech solution was based on the company’s wide experience in Business Intelligence and Performance Management solutions that is specialized for banking sector”.

Pio-Tech’s Managing Director Mr. Rand Hashem said:” We are proud of NECB’s confidence in our delivered solutions knowing the banks continuous pursuit to enhance their services by adopting new technologies and solutions, we also believe that this project will be addition for a series of successful implementations in Pio-Tech’s march”. he added:” region’s markets are showing a great demand in the areas of compliance and performance management, this growth comes from organizations recognitions to the importance of these solutions and their active role in improving their competitive advantage, and we at Pio-Tech are proud to be one of the first regional companies specialized in providing such solutions”.

Pio-Tech is considered one of the leading companies in the field of Business management Solutions powered by strategic alliances with distinguished business partners. Committed to a perpetual innovative performance, Pio-Tech’s team of visionary consultants is dedicated to providing customers with bright enterprise management solutions. The company’s name is an embodiment of its ambition of becoming a pioneer in Information Technology solutions.