Islamabad: Mobilink Bank has announced a strategic partnership with AutoSoft Dynamics to upgrade its treasury operations, aiming to enhance efficiency and security in financial transactions. This collaboration will integrate Mobilink Bank’s systems with the State Bank of Pakistan's Real-Time Gross Settlement (RTGS) system through AutoSoft's PRISM solution, facilitating instantaneous fund transfers.

According to Mobilink Bank, the partnership was formalized in Islamabad by Adil Ali Abbasi, Chief Financial Officer of Mobilink Bank, and Bilal Mahmood, M.D. Contour Software and CEO AutoSoft Dynamics. The initiative is expected to significantly improve internal processes, operational security, and customer service delivery at Mobilink Bank. The upgrade aligns with the bank's ongoing efforts to leverage cutting-edge technology to better serve its customers and maintain its position as a leader in the financial sector.

The collaboration marks a milestone for both organizations, with Mobilink Bank leveraging AutoSoft Dynamics' expertise to streamline operations and enhance the security and efficiency of its financial transactions. Shahzad Rafique, COO of AutoSoft, highlighted that this is the 18th strategic partnership for their Treasury Automation System (ADAMS) in Pakistan, which now handles 20% of the country’s Money Market transactions. The comprehensive upgrades and the robust implementation of new technologies are set to empower Mobilink Bank in providing superior financial services to its clients.