Aurionpro partners with Ajman Bank to advance Islamic Treasury Systems validation

Aurionpro, a leading global provider of technology solutions for the banking sector, through its treasury transformation Group Company Fenixys, has entered into an agreement with Ajman Bank to verify and validate the Bank's Islamic Treasury Management System built on the Murex MX.3 platform, marking a critical phase in the bank's ongoing efforts to reinforce the integrity, control, and resilience of its treasury operations.

The agreement reflects a disciplined approach to system readiness, with a focus on ensuring that the platform is robust, well-governed, and aligned with the bank's operational and Sharia requirements as it progresses towards implementation.

Adrian Hodges, Treasurer at Ajman Bank, said: "Strengthening our treasury infrastructure remains a strategic priority as we continue to evolve our operating model in line with market expectations and national priorities. This collaboration supports the development of a more resilient and scalable ecosystem, underpinned by strong governance, advanced capabilities, and full alignment with Sharia principles. It reflects our commitment to building a future-ready platform that enhances efficiency, integrity, and long-term value creation."

This phase aims to ensure a rigorous and comprehensive verification and validation process for the system, with a focus on operational readiness, controls, and consistency across treasury functions.

Eric Rosso, CEO of Fenixys, an Aurionpro company, said: "Ensuring readiness for complex treasury systems requires a structured and controlled approach. Leveraging our extensive experience in delivering Murex transformation programs across the region, our focus is on delivering a validation process that meets the bank's operational and governance standards, enabling a seamless transition to the next phase. We are excited to commence this partnership with Ajman Bank and support them in this important phase of their treasury transformation journey. We see this as the beginning of a strong and collaborative relationship built on trust, innovation, and shared growth."

The initiative forms part of Ajman Bank's broader efforts to strengthen its institutional capabilities and reinforce its position within an evolving financial sector that continues to prioritize resilience, governance, and long-term sustainability.

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 872.25 as compared to the previous close of Rs. 853.60. The total number of shares traded during the day was 30465 in over 1769 trades.

The stock hit an intraday high of Rs. 877.50 and intraday low of 844.45. The net turnover during the day was Rs. 26312674.00.

Source : Equity Bulls

Keywords

AurionproSolutions INE132H01018 Partnership AjmanBank IslamicTreasury SystemsValidation