Bank Muscat has signed an agreement with eFile-Teejan for modernisation of bank records archiving project. Bank Muscat DGM Yaseen Abdul Latif said their objectives regarding the initiative are to centralise all document storage and management requirements and to implement reorganisation of archiving within the bank. Following a rigorous evaluation of the available solutions to meet these goals, eFile-Teejan was chosen to implement the project. Some of the major benefits within these processes include cutting costs, optimising operations and administration efficiencies, he said. eFile-Teejan regional director Hussein Al Zeer said the project will enable Bank Muscat to benefit in many areas from the possibilities offered by the electronic handling of transactions and documentation processes. It is gratifying that eFile-Teejan will be responsible for the archiving project of Bank Muscat. eFile-Teejan will enable the bank to maximise administrative efficiencies, improve information accessibility, safety, security and confidentiality, he said.
