MCB Islamic Bank and Techlogix have joined forces to implement the cutting-edge LexisNexis Firco Compliance Screening Solution. This strategic partnership aims to revolutionize compliance screening within Pakistan’s banking sector.
MCB Islamic Bank’s President & CEO, Mr. Zargham Khan Durrani, expressed his enthusiasm about the collaboration. He highlighted its role in strengthening the bank’s compliance framework through innovative technology. Durrani emphasized the bank’s commitment to fighting financial crime and adhering to regulations. This partnership with Techlogix signifies a major step forward in MCB Islamic Bank’s journey towards tech-driven compliance.
Salman Akhtar, Co-CEO of Techlogix, echoed the excitement, stating that Techlogix’s expertise in implementing compliance solutions will significantly impact Pakistan’s banking sector. Together, they aim to redefine the banking experience in Pakistan by ensuring seamless, secure, and compliant financial operations.
Representatives from both companies attended the partnership announcement ceremony. MCB Islamic Bank’s President & CEO, Mr. Zargham Khan Durrani, and Mr. Tariq Gondal (Group Head – Compliance & Controls) were present, alongside senior executives from Techlogix led by Co-CEO, Mr. Salman Akhtar.
This collaboration underscores MCB Islamic Bank and Techlogix’s shared commitment to innovation and excellence within the Pakistani banking sector. By leveraging advanced technology and expertise, they are paving the way for a new era of robust compliance and customer-centric banking solutions in Pakistan.