Aurionpro partners Ajman Bank on treasury validation

By Milan Rojan

Aurionpro, through its treasury transformation group company Fenixys, has entered into an agreement with Ajman Bank to validate the bank’s Islamic Treasury Management System built on the Murex MX.3 platform.

The partnership has been positioned as part of Ajman Bank’s broader efforts to strengthen the integrity, control and resilience of its treasury operations. According to the companies, the current phase has focused on verifying system readiness before implementation, with attention on operational controls, governance and alignment with Sharia requirements.

Ajman Bank has said the initiative has supported its efforts to develop a more scalable and future-ready treasury environment. The bank has also indicated that the project has been intended to reinforce its operating model in line with market expectations and national priorities.

Adrian Hodges, Treasurer at Ajman Bank, said: “Strengthening our treasury infrastructure remains a strategic priority as we continue to evolve our operating model in line with market expectations and national priorities. This collaboration supports the development of a more resilient and scalable ecosystem, underpinned by strong governance, advanced capabilities, and full alignment with Sharia principles.”

Aurionpro has said the validation work has been designed to ensure the platform is robust and well governed as the bank moves towards implementation. The company has added that the process has been intended to support consistency across treasury functions and confirm operational readiness.

Eric Rosso, Chief Executive Officer of Fenixys, an Aurionpro company, said: “Ensuring readiness for complex treasury systems requires a structured and controlled approach. Leveraging our extensive experience in delivering Murex transformation programmes across the region, our focus is on delivering a validation process that meets the bank’s operational and governance standards, enabling a seamless transition to the next phase.”

The agreement has formed part of Ajman Bank’s wider programme to strengthen institutional capabilities in an evolving financial sector. Treasury modernisation has remained a priority for many banks in the region as they have continued to focus on resilience, compliance and long-term operational sustainability.