Banque Internationale Arabe de Tunisie (BIAT) has licensed the Opics treasury management package from Misys Wholesale Banking Systems.
The Misys software is being installed in the bank's Tunisian head office where it will replace a proprietary inhouse system.
Adnane Ben Chaabane, Biat's IT director, says the Misys package will be capable of supporting future product roll-outs, such as cash management for corporates. Real-time limits management and the ability to connect the dealing room to international offices were also a key consideration.
He continues: "In addition, Opics' use of new technology, including the .NET platform, is also important to us."
The first phase of implementation is currently under way, with completion due for mid-2004, and covers FX and money markets.