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Showing posts with the label abu dhabi

UNB and Infosys Finacle team up to boost trading

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   To enhance its Treasury and Capital Markets' business,  Union National Bank (UNB) of Abu Dhabi  has selected  Infosys Finacle(NYSE:INFY) , which will further help integrate the bank for handling trading, risk management and back office operations. Fuad Zeidan SVP & Head of Treasury & Investment Group from Union National Bank, Abu Dhabi , said, "As we expand our operations regionally and globally, it is critical for us to deploy the right technology that allows us to effectively reach and serve our customers. I am glad that, over the years, our quality focus has remained even as our operations have expanded significantly which reflect UNB's consistent adherence to the highest quality standards." Amit Dua, Associate Vice-President & Head - Client Services EMEA, Infosys  Finacle , stated, "We are excited to partner with UNB and help the bank realize its goals, as it transforms and taps new opportun...

Honeywell bags $40-Million Contracts

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Honeywell  (NYSE : HON) has announced that it has been awarded four major contracts worth a combined  $40 million over 18-month duration for the Borouge petrochemicals complex in Ruwais, Abu Dhabi . Providing Linde and other engineering, procurement and construction (EPCs) contractors Honeywell will be the main automation contractor (MAC) involved in the project with integrated control and safety systems. The installation of Honeywell Process Solutions’ (HPS) control and safety systems, Experion Process Knowledge System C300, Safety Manager, and Advanced Process Control will allow for operational integration, improved production, increased safety and reliability, and maximum operability and profitability. The Real Time Information Management System will provide Borouge 3 with business solutions that streamline, centralize and optimize operations, allowing for further profitability and productivity.  Borouge...