EdgeVerve
148 Case Studies
A EdgeVerve Case Study
Bank Sohar, a start‑up bank in Oman, faced a tight, non‑negotiable go‑live after recruitment delays, missing on‑site infrastructure and key decision makers being unavailable — yet the CEO insisted on keeping the original 1 April 2007 deadline. EdgeVerve was engaged, leveraging the Finacle Bank‑in‑a‑Box pre‑configured core banking solution to accelerate deployment and reduce implementation risk.
EdgeVerve implemented Finacle BIAB with compressed planning, parallel training and testing, and an innovative use of the corporate loan module to deliver a retail loan product two weeks after go‑live. The project went live in a record 56 days, covering 13 branches and 11 offsite ATMs, supporting peak transactions of 59,023 (average 24,590), and driving loan portfolio revenues to more than 10× the original target.
Mohamed AbdulAziz Kalmoor
CEO