ITSS Global and CQUR Bank Collaborate on Next-Generation Core Banking Upgrade, Among First in the Middle East to Adopt the Market-leading Temenos R23
ITSS Global, a prominent technology company and leading SaaS integrator for the banking sector, has recently announced the signing of an upgrade project with CQUR Bank. ITSS Global will upgrade the bank’s T24 Transact Core Banking Systems from R17 TAFC to the latest release version R23 TAFJ. ITSS will upgrade the bank’s core banking systems for its corporate customers, enhancing the bank’s operating model for greater scale and expansion, and enabling a world-class transactional banking experience.
During the project signing ceremony, Raghid Charara, CIO at CQUR Bank said, “We are very pleased with the managed services provided by ITSS and I am impressed by the track record of success from our previous project collaborations. In selecting ITSS for this large transformation, we will continue our strong partnership to enhance banking services to our customers.”
Slim Mezghenni, Regional Sales Manager (CEE Region) at ITSS Global, added, “We’re pleased and immensely honoured by this opportunity to work with CQUR Bank once again. Our previous projects with the bank have been very successful and we look forward to continuing our work in helping CQUR Bank modernise its systems and services. This time, we are upgrading CQUR Bank’s T24 systems from R17 TAFC to release version R23 TAFJ, which is the latest and most advanced upgrade to any T24 Core Banking system by far.”
About CQUR Bank
CQUR Bank is headquartered in Qatar and authorised by the QFC Regulatory Authority. Their mission is to provide exceptional financial solutions and services to facilitate and empower international trade. They are dedicated to being a trusted partner for businesses worldwide, with a particular focus on serving international clients with links to the GCC (Gulf Cooperation Council) region. By leveraging their deep understanding of the region’s unique dynamics, CQUR delivers innovative financial solutions that enhance economic growth, foster global connections, and drive sustainable development.
About ITSS (Information Technology Solutions & Services)
ITSS has encompassed over two decades of consulting and business expertise, serving integrated global banking software services to banks and financial institutions across Europe, Africa, the Middle East, Asia, and Latin America. Headquartered in Geneva, and with its 23+ global strategic offices, ITSS has been instrumental in helping legacy banks cement and sustain their position as leaders by evolving core banking systems to meet changing customer expectations.