Abu Dhabi, x,
United Arab Emirates
Aseel Islamic Finance Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Aseel Islamic Finance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 150 Aseel Islamic Finance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Aseel Islamic Finance has purchased the following applications: SymphonyAI Sensa NetReveal for AML, Fraud and Compliance in 2014, Lumen Black Lotus Labs for Web Application Firewalls (WAF), DDoS Protection in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Aseel Islamic Finance is running and its propensity to invest more and deepen its relationship with SymphonyAI , Lumen Technologies or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Aseel Islamic Finance revenues, which have grown to $30.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Aseel Islamic Finance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| SymphonyAI | Legacy | SymphonyAI Sensa NetReveal | AML, Fraud and Compliance | TRM | n/a | 2014 | 2015 | In 2014 Aseel Islamic Finance deployed SymphonyAI Sensa NetReveal for AML, Fraud and Compliance to centralize applicant due diligence and rule-based transaction screening within its credit and compliance operations. The implementation targeted front-line credit underwriting, compliance review, and field verification workflows, embedding Sensa NetReveal into the bank review lifecycle used to validate constitutional documents, analyze bank statements for suspicious or non business transactions, and prepare final credit assessment memos. Configuration focused on case management and KYC orchestration capabilities of SymphonyAI Sensa NetReveal, with rule sets tuned to capture document completeness, compute actual business credit turnover excluding inward and outward cheque returns, and surface anomalies for analyst review. The system was configured to support analyst activities described in operational notes such as granular transaction analysis, automated flags for suspicious items, contact point verification orchestration, and generation of a consolidated CAM post field visit. The deployment integrated with the bank s customer acquisition and ledger systems to preserve application and account context, specifically FinnOne CAS and Globus System, and it consumed internal and external screening sources used by the institution including CBRB, CRS, BBL, NORKOM, Customer Connect, and the Internal Defaulter list. Operational coverage was across Aseel Islamic Finance s credit, compliance, and field verification teams in the United Arab Emirates, with the platform coordinating handoffs to the field visit agency and logging CPV outcomes and credit interview notes for auditability. Governance changes formalized workflows for applicant review, CPV calls, field visit coordination, and final CAM approval to ensure alignment with the Credit Policy and to create a single authoritative audit trail in SymphonyAI Sensa NetReveal. Analysts used the system to identify anomalies and recommend procedural or product parameter modifications, while the platform provided structured case records to support compliance reviews and decisioning by credit officers. |
CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Lumen Technologies | Legacy | Lumen Black Lotus Labs | Web Application Firewalls (WAF), DDoS Protection | CyberSecurity | n/a | 2021 | 2021 |
| First Name | Last Name | Title | Function | Department | Phone | |
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| Date | Company | Status | Vendor | Product | Category | Market |
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