Magic Software Enterprises reports Thai bank contract win

Source: Magic Software Enterprises

Magic Software Enterprises Ltd. (MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that a Top-Tier Thai bank has selected Magic's AppBuilder as part of its core banking development platform.

The selection process was facililted by one of AppBuilder's key partners, a large European financial software group specializing in banking software systems.

With more than $50 billion USD in assets, the Thai bank operates approximately 1,000 branches, 6,000 ATMs, 100 foreign exchange offices, 50 international trade centers throughout Thailand, as well as many international branches.

"We welcome another major bank to our list of customers. AppBuilder's track record of stability and robustness, with proven ability to support millions of transactions per day, makes it an exceptional solution for banking and financial organizations," said Arik Killman, CEO of AppBuilder Solutions Ltd. 

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