Case Study: Tamweel Aloula accelerates digital lending with Temenos

Tamweel Aloula automates loan applications to 4 minutes with Temenos

Tamweel Aloula, a Saudi Arabian financial institution, faced significant challenges due to its fragmented legacy technology infrastructure. This outdated system hindered its agility, making it difficult to develop new products and comply with strict Saudi regulatory requirements for its auto leasing, personal finance, and small business credit solutions. To overcome this, the company initiated a rigorous evaluation and selected the Temenos platform, specifically Temenos Core Banking, Temenos Digital, and Temenos Advanced Collections.

The solution from Temenos was implemented in collaboration with Systems Limited and Tamweel Aloula's internal IT team. This modernized core banking architecture automated the end-to-end loan process, dramatically reducing the application time for personal finance to just four minutes. The measurable impact includes a transformed customer experience, streamlined risk management, and a scalable platform for future growth into retail auto leasing and SME financing, solidifying Temenos as a key partner in their digital transformation.

Tamweel Aloula