Case Study: Noor Islamic Bank achieves real-time VaR and scalable STP with Misys FusionRisk

Noor Islamic Bank achieves real-time VaR and highly scalable STP

Noor Islamic Bank needed a greenfield treasury and risk platform that could automate front-to-back processes, support Shari’a-compliant products, and deliver real-time risk management across asset classes. The bank turned to **Misys**, using **Misys FusionRisk** and **Misys FusionCapital Kondor** to meet Basel II and UAE Central Bank requirements while handling growing trading complexity and volume.

**Misys** implemented a phased, scalable solution covering pricing, deal capture, credit limits, market risk, and real-time VaR reporting with consistent front- and back-office data. The result was stronger STP, faster product development, global risk management across business units, and the ability to scale for **120% year-on-year transaction growth** without adding staff.

Noor Islamic Bank

Sami Ainous

Head of Treasury and Trading Technology