Abu Dhabi, 25022,
United Arab Emirates
United Arab Bank Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by United Arab Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1000 United Arab Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that United Arab Bank has purchased the following applications: FICO Siron for AML, Fraud and Compliance in 2019, Haifin Platform for Blockchain Platform in 2023, Finastra Misys FusionBanking Equation for Core Banking in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems United Arab Bank is running and its propensity to invest more and deepen its relationship with FICO , Haifin , Finastra 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 United Arab Bank revenues, which have grown to $157.0 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 United Arab Bank 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 |
|---|---|---|---|---|---|---|---|---|---|
| FICO | Legacy | FICO Siron | AML, Fraud and Compliance | TRM | n/a | 2019 | 2019 | United Arab Bank implemented FICO Siron in 2019. Between October 2020 and April 2022 the bank executed a targeted compliance remediation program centered on the FICO Siron deployment within its AML, Fraud and Compliance footprint, driven by audits and regulator scrutiny. The engagement focused on the FICO Siron AML, KYC and Embargo modules, with workstreams that included gap analysis, detailed configuration review, scenario tuning and change request execution. Analysts performed data validation, source system analysis and formal data mappings to align transaction monitoring rules and name screening logic with the bank's risk taxonomy and compliance requirements. Technical work addressed transaction screening and name screening pipelines, and involved preparing mapped transaction and customer data feeds from core banking and KYC repositories for ingestion into FICO Siron. The implementation narrative documents remediation of specific observations raised by the Internal Audit team and the Central Bank UAE thematic review, with corrective changes applied to Siron Embargo screening and Siron KYC name screening configurations. Governance and operationalization included consulting and advisory on AML scenario adjustments aimed at reducing false positives, handling a series of change requests, and driving user acceptance testing, UAT, across compliance and audit stakeholders. The FICO Siron deployment is described as the primary AML, Fraud and Compliance application for United Arab Bank during this period, with configuration and governance activities tied directly to regulator findings and internal audit observations. |
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Haifin | Legacy | Haifin Platform | Blockchain Platform | Blockchain | n/a | 2023 | 2023 | In 2023, United Arab Bank implemented Haifin Platform as a Blockchain Platform to join the UAE Trade Connect consortium and participate in industry-wide trade finance monitoring. The deployment positions UAB within UTC's cloud-native network that inspects transactions in real time and targets fraud and duplication across trade-related documents. The Haifin Platform implementation emphasized trade finance detection and document validation capabilities consistent with a Blockchain Platform, including immutable transaction records, transaction provenance, and automated inspection workflows. Configuration work focused on ledger-based evidence capture for trade documents and instrument-level validation to enable receivable-backed financing scenarios. Operational coverage targets UAB business clients from local SMEs to larger corporates and is executed through consortium-level data exchange with other member banks. Integration occurred via the UAE Trade Connect network, leveraging UTC’s cloud-native inspection and validation services to surface suspicious activities and to prevent duplication in trade transactions. Governance and operational oversight are delivered through UTC’s steering committee, where United Arab Bank participates as an equal member to share knowledge and develop new use cases. The implementation aligns platform controls with regulatory change such as the UAE Invoice Factoring law, and supports stated platform outcomes of fraud detection, duplication prevention, and enabling increased SME lending through validated receivables. |
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Finastra | Legacy | Finastra Misys FusionBanking Equation | Core Banking | ERP Services and Operations | n/a | 2020 | 2021 |
CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Customer Experience | CRM |
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2019 | 2019 |
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Customer Experience | CRM |
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2019 | 2019 |
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ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
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ERP Financial | ERP Financial Management |
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2016 | 2017 |
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ERP Financial | ERP Financial Management |
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2016 | 2017 |
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ERP Financial | ERP Financial Management |
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2016 | 2017 |
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SCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Inventory Management | SCM |
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2016 | 2017 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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IT Service Management | ITSM |
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2021 | 2021 |
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Professional Services
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
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Professional Services | Professional Services |
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2023 | 2023 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Web Content Management | Content Management |
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2019 | 2019 |
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