Path Solutions assisted IDB Iraq to get AI-ready, move faster and smarter with iMAL*BI

Path Solutions is pleased to announce that International Development Bank (“IDB”) in Iraq - one of the fastest growing banks in the region, has successfully gone live with iMAL*BI from Path Solutions.

This project is fundamental to IDB’s digital transformation strategy to improve customer experience, increase process efficiency, benefit from value-producing opportunities, and drive revenue. The new iMAL*BI will therefore enable business agility while fostering innovation, competitive differentiation, and profitable growth. The implementation of iMAL*BI at IDB was conducted remotely during the COVID-related shutdown. This new and flexible approach has allowed Path Solutions’ team to successfully overcome the unique challenging circumstances and further demonstrate their expertise and transfer of knowledge with close alignment of project goals and budget.

“We believe that the future involves a number of disruptive changes that banks worldwide will have to prepare themselves for. Business Intelligence has quickly become a key tool for leading banks to drive profitability, reduce risk, and create competitive advantage, and banks of all shapes and sizes will have AI-powered banking applications in the very near future. We are very excited about the deployment of the new iMAL*BI solution. Now that the intelligent era advances, we should be able to meet the demands of the market for faster innovation and increased customer satisfaction”, commented Dr. Ziyad Khalaf Abed, Chairman of IDB Iraq.