Cairo, 11516,
Egypt
The United Bank of Egypt Technographics
The United Bank of Egypt Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by The United Bank of Egypt and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1000 The United Bank of Egypt employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that The United Bank of Egypt has purchased the following applications: Finastra Misys FusionBanking Equation for Core Banking in 2016, Cisco Webex Meetings for Audio Video and Web Conferencing in 2021, Finastra Fusion Teller for Customer Analytics in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems The United Bank of Egypt is running and its propensity to invest more and deepen its relationship with Finastra , Cisco Systems 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 The United Bank of Egypt revenues, which have grown to $320.0 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 The United Bank of Egypt 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.
The United Bank of Egypt Tech Stack and Enterprise Applications
The United Bank of Egypt ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Finastra | Legacy | Finastra Misys FusionBanking Equation | Core Banking | ERP Services and Operations | n/a | 2016 | 2016 |
In 2016, The United Bank of Egypt implemented Finastra Misys FusionBanking Equation as the central Core Banking platform for its retail and corporate banking operations across a 50 branch network in Egypt. The implementation was part of a broader modernization program that also upgraded to FusionBanking Trade Innovation and FusionCapital Opics and introduced FusionBanking Essence Teller to support branch-level transactions and teller workflows, with the software in implementation and expected to go live later in 2016.
The deployment leveraged the open architecture and componentised approach of Finastra Misys FusionBanking Equation, enabling modular configuration of product factories, account servicing, and transaction processing typical of Core Banking systems. Functional capabilities implemented include branch teller automation via FusionBanking Essence Teller, corporate trade and supply chain finance through FusionBanking Trade Innovation, and treasury and capital markets operations through FusionCapital Opics, creating a consolidated functional stack for front-to-back banking services.
Integrations were structured around direct integration of FusionBanking Essence Teller with FusionBanking Equation to streamline branch transactions and improve customer-facing processing, while FusionBanking Trade Innovation was positioned as a single platform to extend trade and supply chain finance services for SMEs. The rollout included explicit plans to extend channel coverage into online, mobile, and portal channels in a subsequent phase, aligning channel orchestration with core processing capabilities on FusionBanking Equation.
Governance and operational objectives emphasized regulatory compliance and product agility, the bank citing compliance with Sharia principles and Central Bank of Egypt regulations as implementation constraints that guided configuration and controls. The modernization program was framed to enable faster product introduction and process simplification across retail, SME and corporate business functions, positioning the Core Banking platform to support ongoing digitization, branch efficiency improvements and expanded trade finance capabilities.
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The United Bank of Egypt Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2021 | 2021 |
In 2021, The United Bank of Egypt embedded Cisco Webex Meetings into its public website, theubeg.com. The United Bank of Egypt uses Cisco Webex Meetings to provide Audio Video and Web Conferencing capabilities for browser-based customer interactions and internal collaboration.
The deployment centers on Cisco Webex Meetings core functionality, including video and audio conferencing, screen sharing, meeting scheduling, and session recording, with the Cisco Webex Meetings interface surfaced directly on customer-facing pages. Configuration appears to emphasize in-browser meeting lifecycle controls, role-based meeting access and administrative moderation features consistent with enterprise Audio Video and Web Conferencing implementations.
Operational coverage includes both customer engagement workflows on the bank website and internal staff collaboration across banking functions, with governance focused on meeting access policy, scheduling workflows, and administrative control of recordings and session logs. The implementation positions Cisco Webex Meetings as the banks primary web conferencing layer for online interactions, preserving a direct relationship between The United Bank of Egypt, Cisco Webex Meetings, Audio Video and Web Conferencing and the banks digital engagement channels.
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The United Bank of Egypt CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Finastra | Legacy | Finastra Fusion Teller | Customer Analytics | CRM | n/a | 2016 | 2016 |
In 2016 The United Bank of Egypt implemented Finastra Fusion Teller as part of a coordinated modernization program that also upgraded FusionBanking Equation, deployed FusionBanking Trade Innovation and introduced FusionCapital Opics, aligning teller operations with the bank’s Customer Analytics ambitions. The implementation was carried out across the bank’s 50 branches in Egypt and targeted retail, SME and corporate banking service channels to support improved customer servicing and product time to market.
Deployment architecture centered on integration between Finastra Fusion Teller and FusionBanking Equation, enabling real time branch transaction processing and account servicing at the teller layer. Functional capabilities implemented included teller automation and branch workflow orchestration, while trade and supply chain finance capabilities were consolidated on FusionBanking Trade Innovation and treasury functions were moved onto FusionCapital Opics.
Integrations were explicit between the teller application and the core banking engine, FusionBanking Equation, providing a transactional data stream that can support downstream Customer Analytics functions and channel consolidation for online and mobile banking. The scope of the rollout covered retail and corporate business functions, branch operations across 50 sites, trade finance desks and treasury operations, creating a single platform footprint for customer and product data.
Governance and rollout were structured around regulatory compliance, including adherence to Sharia requirements and Central Bank of Egypt regulation, and a phased deployment plan with the software in implementation and expected to go live later in 2016. Stated business aims were to improve service levels, increase customer satisfaction and accelerate product introduction, while preparing for a second phase focused on digital channels and expanded financial inclusion.
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The United Bank of Egypt TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Treasury Management | TRM |
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2016 | 2016 |
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Treasury Management | TRM |
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2016 | 2016 |
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Treasury Management | TRM |
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2018 | 2019 |
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IT Decision Makers and Key Stakeholders at The United Bank of Egypt
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by The United Bank of Egypt Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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