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MDSL is excited to announce its partnership with the Investment Bank of Iraq, marking a significant step forward in the realm of transfer automation. Through this partnership, we are introducing Fynhaus’ cutting-edge LEGATO™ solution, that will help the acceleration of banking digitalization through innovation. LEGATO™ functions as a Payment hub and ISO 20022 transformer, enabling a smooth transition into MX financial messaging standards.
By leveraging this solution, the Investment Bank of Iraq can expect optimized processes, increased accuracy, and improved productivity benefiting from MDSL’s extensive experience and proven track record in providing efficient and effective banking solutions.
MDSL’s commitment to innovation and excellence in the banking sector is further demonstrated by their continuous efforts to enhance their offerings and deliver value-added solutions to their clients. Through their partnership with the Investment Bank of Iraq, MDSL is once again at the forefront of delivering cutting-edge banking solutions that drive efficiency, accuracy, and productivity.
About Investment Bank of Iraq
The Investment Bank of Iraq (IBI) is a leading Iraqi financial institution offering a wide range of banking and investment services. Established in 2003, IBI plays a vital role in the country’s financial sector, supporting economic development and growth. The bank provides services such as corporate finance, project finance, trade finance, investment banking, and asset management. IBI is known for its expertise in structuring complex financial transactions and its commitment to promoting investment opportunities in Iraq.
About Fynhaus
Fynhaus is a banking software solution provider based in Amsterdam, Netherlands. We are specialized in RegTech, specifically in the fields of regulatory compliance, fraud detection, and financial transaction messaging.
With over three decades of experience in the domain, our solutions are well suited for the specific needs of financial institutions. We provide a seamless transition into modern banking standards and requirements, without disrupting the existing processes.
Our passion for quality is the main driver in our offerings, and we actively aim to exceed the expectations of our clients.
About MDSL
Established in 1978, MDSL, an ITG company, has a proven track record in the supply and integration of turnkey banking solutions in Lebanon and the Middle East region, including:
EFT solutions and payments: providing card management solutions (issuing, acquiring, credit/debit, etc.), ATM/POS switching and related systems, Payment Hub, Fraud management, Cards equipment machines/personalization, software simulation tools and related systems.
Core banking solutions: including Core-Banking, Digital Banking/Omni-Channel, Treasury, Risk Management and Finance (Asset Liability Management, Profitability, Basel II, IFRS9), electronic signature verifications and Compliance solutions (FATCA, CRS, Anti-Money Laundering, Swift GPI, etc).
In addition, MDSL offers Telco solutions, business analytics, business intelligence, and enterprise content management solutions, and specialized software for the corporate governance.
For more info: www.mdsl.com.lb
