{"id":95896,"date":"2024-12-09T01:30:00","date_gmt":"2024-12-09T01:30:00","guid":{"rendered":"https:\/\/expleo.com\/global\/en\/?post_type=insights&#038;p=95896"},"modified":"2024-12-06T15:07:09","modified_gmt":"2024-12-06T15:07:09","slug":"mashreq-ibsi-fintech-innovation-awards-2024","status":"publish","type":"insights","link":"https:\/\/expleo.com\/global\/en\/insights\/news\/mashreq-ibsi-fintech-innovation-awards-2024\/","title":{"rendered":"Expleo and Mashreq win Best Quality Assurance &amp; Engineering Execution Award at the IBSi Global FinTech Innovation Awards 2024"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"95896\" class=\"elementor elementor-95896\" data-elementor-post-type=\"insights\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c48f4e gg-article-content gg-standard-article-template gg-simple-text gg-container-tiny elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c48f4e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8b41cb6\" data-id=\"8b41cb6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8a82cd6 elementor-widget elementor-widget-text-editor\" data-id=\"8a82cd6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Chennai, India 9 December 2024 &#8211;<\/strong> <a href=\"https:\/\/expleo.com\/global\/en\/\">Expleo<\/a>, the global engineering, technology, and consulting service provider, and Mashreq, a leading financial institution in the UAE and MENA region, have jointly won the Best Quality Assurance and Quality Engineering execution award at the IBSi Global FinTech Innovation Awards 2024.<\/p><p>The IBSi Global FinTech Innovation Awards, which took place at Taj Lands End, Mumbai, on Friday, 22nd November 2024, recognised innovators and disruptors driving growth, sustainability, and financial inclusion through groundbreaking digital solutions in the financial services ecosystem. From core banking enhancements to the innovative use of AI, the sixth edition saw over 400 nominations across 30 categories, each highlighting transformation programmes reshaping fintech&#8217;s future.<\/p><p><strong>Building a faster, secure and customer-centric corporate onboarding solution<\/strong><\/p><p>With a legacy spanning over five decades, Mashreq partnered with Expleo for a complete digital overhaul of its corporate client onboarding and compliance processes. Leveraging Expleo\u2019s quality assurance and engineering expertise, the project transformed traditional manual workflows into a streamlined, fully digital experience, cutting manual testing efforts and significantly improving operational efficiency.<\/p><p>Supported by Expleo\u2019s quality assurance team, the solution integrated advanced automation capabilities, including document processing and OCR for automatic data capture. Mashreq now benefits from a faster, more secure, frictionless client onboarding system that\u2019s fully compliant with Central Bank standards and scalable for future growth.<\/p><p>Expleo has supported clients across the Middle East for over two decades, leading digital transformation initiatives that help financial institutions deliver innovative, efficient, and budget-conscious solutions. Expleo\u2019s expertise ensured that Mashreq&#8217;s onboarding transformation was seamless and timely, aligning with the bank\u2019s ambitious growth and service goals.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d25fd02 elementor-widget elementor-widget-image\" data-id=\"d25fd02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"418\" src=\"https:\/\/expleo.com\/global\/en\/wp-content\/uploads\/2024\/08\/expleo-x-mashreq-ibsi-award\u2013-social-media-post_final_02-2-1024x535.png\" class=\"attachment-large size-large wp-image-96556\" alt=\"An award trophy on a blurred background with text announcing Expleo and Mashreq winning the &quot;Best Quality Assurance &amp; Engineering Execution Award&quot; at the Global FinTech Innovation Awards 2024, recognized by IBS Intelligence.\" srcset=\"https:\/\/expleo.com\/global\/en\/wp-content\/uploads\/2024\/08\/expleo-x-mashreq-ibsi-award\u2013-social-media-post_final_02-2-1024x535.png 1024w, https:\/\/expleo.com\/global\/en\/wp-content\/uploads\/2024\/08\/expleo-x-mashreq-ibsi-award\u2013-social-media-post_final_02-2-300x157.png 300w, https:\/\/expleo.com\/global\/en\/wp-content\/uploads\/2024\/08\/expleo-x-mashreq-ibsi-award\u2013-social-media-post_final_02-2-768x401.png 768w, https:\/\/expleo.com\/global\/en\/wp-content\/uploads\/2024\/08\/expleo-x-mashreq-ibsi-award\u2013-social-media-post_final_02-2.png 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a18b20 elementor-widget elementor-widget-text-editor\" data-id=\"6a18b20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Phani Tangirala, MD &amp; CEO of Expleo, India, said, <\/strong>\u201cWe <em>are honoured to share this recognition with Mashreq as their trusted partner in digital assurance. This collaboration highlights the powerful outcomes possible when quality engineering meets digital innovation. We look forward to building on this success, expanding our partnership, and supporting Mashreq in achieving new milestones.\u201d<\/em><strong>\u00a0<\/strong><\/p><p><strong>Sajeev Kumar, <\/strong><strong>Executive Vice President &#8211; Head of Corporate Banking Technology<\/strong><strong>, Mashreq, said, <\/strong>\u201c<em>The award from IBSi reflects our commitment to client-first innovation and technological excellence. Partnering with Expleo was a natural choice given their QA &amp; QE expertise, and has enabled us to\u00a0accelerate our digital onboarding process with a secure, scalable solution.\u201d<\/em><\/p><p><strong>Manish Mukhija, Senior Vice President, Head &#8211; Wholesale Digital Studio Technology, Mashreq, said, <\/strong>\u201c<em>We are very proud of the state-of-the art QA capability developed in collaboration with Expleo. Best QA practices is pivotal to our Digital strategy. The vision &amp; direction established nearly 4 years ago has indeed been fruitful and producing great results. Testing cycles have been optimized using Automation first strategy at each application layer with cutting edge QA Tool stack\u201d<strong>.<\/strong><\/em><\/p><p><strong>Nikhil Gokhale, Research &amp; Digital Properties, IBS Intelligence, <\/strong>\u201c<em>praised the remarkable quality engineering execution led by\u00a0Expleo\u00a0for Mashreq&#8217;s digital transformation. Expleo\u2019s robust automation and performance testing strategies reduced manual testing effort, accelerated time to market, and ensured a seamless customer experience across Mashreq&#8217;s Unified Portal Application. With advanced tools and early defect identification, this project has set a benchmark in quality assurance, ensuring efficiency and reliability,\u201d he remarked. Nikhil congratulated\u00a0Expleo\u00a0&amp; Mashreq on their well-deserved win in the \u2018Best Quality Assurance\/Quality Engineering Execution: Most Impactful Project\u2019 category.<\/em><em>\u201d<\/em><\/p><p>Expleo and Mashreq are committed to expanding their partnership and exploring new digital initiatives across Mashreq operations.<\/p><p>To learn more about Expleo\u2019s digital assurance capabilities, visit our <a href=\"https:\/\/expleo.com\/global\/en\/services\/digital-transformation\/\">AI and Digital Transformation<\/a> page.\u00a0<\/p><p><strong>Media contact <\/strong><\/p><p>Bharath Kumar Rangarajan<br \/>Head of Marketing &amp; Communications<br \/>Expleo Solutions Limited<br \/>bharathkumar.rangarajan@expleogroup.com<br \/>+91 73054 42377<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7c94f5 elementor-widget elementor-widget-spacer\" data-id=\"d7c94f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Recognition for the successful delivery of an end-to-end digital revamp of customer onboarding to transform client experience and efficiency<\/p>\n","protected":false},"author":136,"featured_media":96548,"parent":0,"template":"","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"2normal","_angie_page":false,"footnotes":""},"topic":[261,148],"insights-single-templates":[],"industry-taxonomy":[265,38,45],"content-type":[22],"country":[118],"service":[216,329,57,71,224,211,66,215,209,208,55],"class_list":["post-95896","insights","type-insights","status-publish","has-post-thumbnail","hentry","topic-corporate","topic-people-and-leadership","industry-taxonomy-aall-industries","industry-taxonomy-banking-and-financial-services","industry-taxonomy-public-sector","content-type-news","country-india","service-digital-transformation","service-programme-and-project-quality","service-design-thinking-lean-startup","service-product-design-engineering","service-industrial-process-operation-optimisation","service-innovation-management-solutions","service-iot-and-edge-computing","service-manufacturing-supply-chain","service-product-process-engineering","service-quality-testing","service-regulatory-compliance-management-for-manufacturing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Expleo and Mashreq Bank Win at the Fintech Innovation Awards<\/title>\n<meta name=\"description\" content=\"Expleo and Mashreq Bank have jointly won Best Quality Assurance &amp; 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