Path Solutions’ core banking platform gets powered by Oracle Cloud

Mohammed Kateeb, Chairman & CEO, Path Solutions

Path Solutions, Islamic software solutions provider, has announced that its core banking platform, iMAL has achieved Powered by Oracle Cloud status and is now available in the Oracle Cloud Marketplace offering added value to Oracle Cloud customers.

iMAL, as the supplier claims, enables measurable business value and increased productivity, while providing the agility and economy of scale of the public cloud with Oracle Cloud Infrastructure, Oracle Database Cloud Service, and Oracle Java Cloud Service.

“Path Solutions currently serves many Oracle customers. We look forward to helping them in the transition to Oracle Cloud”, said Mohammed Kateeb, Group Chairman & CEO, Path Solutions. “Our participation in the Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables clients to easily reap the benefits of iMAL core banking platform. We look forward to helping our clients around the world achieve their business goals, leveraging the power of the Oracle Cloud”.

Powered by Oracle Cloud status recognizes Oracle PartnerNetwork (OPN) member solutions that have been tested or verified to run on Oracle Cloud Infrastructure. This achievement offers customers confidence that Path Solutions’ iMAL is supported by the Oracle Cloud Infrastructure SLA guarantee, ensuring they have full access and control over their cloud infrastructure services as well as consistent performance.

The Oracle Cloud Marketplace is for seeking trusted business applications and service providers offering unique business solutions, including ones that extend Oracle Cloud Applications. Oracle Cloud is a complete public cloud, delivering enterprise-grade services at every level of the cloud technology stack including platform as a service (PaaS), infrastructure as a service (IaaS), and data as a service (DaaS). The Oracle Cloud Marketplace offers a user interface to browse and search for available applications and services, as well as user ratings and reviews to help customers determine the best business solutions for their organization.

Path Solutions was signed by Bank Al-Tamweel Wa Al-Inma (BTI Bank) for its iMAL Islamic core banking platform and has completed an upgrade of the core banking system of Iraq’s International Development Bank for Investment and Finance.

Oracle PartnerNetwork (OPN) is Oracle’s partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity.

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