SunGard says the products will provide the bank with a fully integrated treasury system. MCB will use the system for balance sheet management, proprietary trading and to service customer needs for wholesale market risk products.

Martin Boyd, executive vice president, Emea, of SunGard's AvantGard business unit, says the technology will be integrated with the bank's retail system.

"The AvantGard-eTreasury module will provide Internet access for the bank's remote treasury centres and allow remote access to information for the bank's key customers," adds Boyd.