FinTech Magazine - June 2022 | Page 156

AL RAJHI BANK
which not only has a very safe , robust cloud environment , but also understands how to navigate regulatory considerations when it comes to cloud-computing . With their focus on providing education and skills for companies to operate in a new environment , this will help our workforce be better skilled for technology .
“ Then there ’ s Thought Machine , which is a core-banking platform provider and a fantastic cloud native core banking provider , and what ' s excellent about Thought Machine , is that their technology gets you as close to owning your own IP as possible – and that ' s the ideal state .
Particularly though , because of the way their technology works , it can also help a lot of Islamic banks that have to deal with certain nuances related to Shariah contracts and details in achieving their objectives .
“ The agility that comes from their system and the empowerment they can provide to an organisation through their technology is absolutely fantastic , and will help us drive our digital growth , and in time , hyperpersonalisation for our customers .
“ When we talk about our digital bank , we ’ ve had incredible support from the
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