IslamicFinance.de

Matthew Glover, head of IT and change delivery at Al Rayan Bank, says its use of cloud amounts to a competitive advantage against big banks, and its customer base of 60,000 gives it an edge against challenger banks which are similarly unburdened by legacy. Being an Islamic bank makes Al Rayan’s business different, too. Glover is not himself Muslim, and neither are many of its customers, he says. He heads a team of 14 IT and business professionals. The IT estate is a mix of on-premise and cloud. Apart from the core banking system, which is a Misys platform running on an IBM AS/400, Salesforce is the most important part of the bank’s technology landscape.