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Banque Populaire de Mauritanie taps Azentio Software’s iMAL Business Intelligence

By Gloria Mathias

June 27, 2024

  • APAC Fintech
  • APAC news
  • Azentio Software

Azentio Software, Cloud Data, Singapore News, Fintech News, APAC News, APAC Fintech, Islamic Bank, Shariah Compliance, IBSi, GFIA 2023, Global Fintech innovation Awards, IBSi, Regula, Identity Verification, Face Detection, Digital Onboarding, Fintech news, Fintech APAC, Fintech News, iMAL, IBSi, Digital Banking awards, Rahul Arora, CSO, Banque Populaire de Mauritanie, iMAL, Azentio Software, an end-to-end software company, has announced that Banque Populaire de Mauritanie (BPM), one of the financial institutions in Mauritania, has gone live with iMAL Business Intelligence (BI). This strategic BI platform empowers banks to make more effective decisions faster.

The solution’s advanced analytics will help BPM simplify its data management processes and extract valuable and relevant insights for data-driven business outcomes.

BPM’s continued growth pivots on the bank’s ability to effectively address multiple opportunities, such as assessing high-margin revenue streams, ongoing innovation in Islamic banking products, reducing customer churn, improving customer-centricity and capitalising on high-growth opportunities.

iMAL BI offers a variety of customized interactive reports, dashboards, and data visualization options to identify trends, patterns, and insights to take effective and proactive actions.

BPM has been utilizing iMAL, an Islamic core banking platform, since it first expanded operations into universal banking in 2012. The platform has consistently powered BPM’s growth trajectory, helping it to speedily evolve and deliver innovative products and services to satisfy growing customer needs while ensuring the bank conforms to Sharia values.

Limam Ebnou, CEO of BPM, stated, “BPM has continuously endeavoured to stay ahead of the curve in our markets and with our customers. Azentio’s domain expertise and business know-how have undoubtedly been a contributing factor in achieving this over the years, and we are proud to continue to grow and strengthen this relationship with them. We chose iMAL BI as we can see that it has sophisticated data mining, benchmarking, analytical and visualisation capabilities to empower our teams with the data they need to make decisions, with speed, that drive real change.”

Sanjay Singh, Group CEO of Azentio, shared, “We are proud of our long association with the leading Islamic bank in Mauritania. BPM has successfully transformed the banking segment in the region by reimagining its approach across the business, technology and operating model. With iMAL BI, our objective is to help them with the right tools to access the right data at the right time to reshape business and drive growth while improving operational efficiency effectively. The platform will provide BPM with state-of-the-art problem-solving capabilities to reduce process inefficiencies and strengthen their customer engagement practices.”

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