Empowering Financial Institutions with Strategic IT Solutions
About Us
EFT Consultancy is a leading consultancy company, based in Bahrain that is specializing in providing Information Technology services to financial institutions and Money Exchange houses. With a focus on the unique needs of the financial sector, EFT Consultancy offers comprehensive solutions in technical project management, IT infrastructure, IT policies and procedures, IT audits and compliance, systems integrations and automation for individual, SME and Corporate customers paperless on-boarding, authentication and service requests. Our experienced team ensures seamless integration and successful project delivery across various domains.
Our Services
Managing IT Projects
Specializes in managing complex IT projects from inception to completion. Their project management experts ensure seamless execution, effective resource allocation, timely delivery, and successful implementation of IT initiatives.
Managing System Integrations Projects
Excels in seamlessly integrating diverse systems within financial institutions. This includes individual and Corporate paperless client onboarding, e-KYC, authentication, AML, paperless branches, instant card issuance and replacement, data retrieval and storage, MIS reporting and process automation.
Managing ATM Switch Migration Projects
Specialize in overseeing ATM switch migration projects, including implementation, configuration, and integration with core banking systems, The expertise extend to certifications with schemes, card migration, NCR connections, NFC, Apple Pay, and Tokenization.
Managing POS Driving Projects
Has extensive experience in managing POS switch implementation and configuration projects. Their services encompass terminals configuration and management, terminal security, key management, and certifications with schemes.
Business Analysis
Showcases our ability to bridge the gap between IT and Business teams, effective communication, and alignment throughout the project lifecycle by developing the BRD and scope documents, bridging the gap Between IT and Business teams, analyzing business requirements, and providing implementation recommendations.
IT Audits And Compliances Reviewing
Audit/Compliance/IS requirements and mandates, setting up appropriate action plans, and assist to review and close PCI requirements and recommendations
Projects We Delivered
ATM Switch and Card Management Systems Migration
Our involvement in ATM switch and card management systems migration for one of the local banks in Bahrain, showcases our ability to seamlessly transition financial institutions to new systems while ensuring uninterrupted operations. This expertise involves managing complex data migration, integration, and testing processes to ensure a smooth transition and minimal disruption to banking services.
Multi-function Kiosk Machines Integration, and Implementation
Our proficiency in designing, integrating, and implementing multi-function kiosk machines demonstrated our capability to provide end-to-end solutions for customer self-service. By enabling instant customer on-boarding, card printing and replacement, and official documentation dropping and printing, we empowered the bank to enhance customer convenience, streamline processes, and reduce operational costs.
Branch Automation and Paperless
On-Boarding
Our focus on branch automation and customers’ paperless on-boarding for individuals and SMEs highlights our commitment to improving customer experiences and operational efficiency for one of the local banks in Bahrain. By integrating e-KYC, BCRB, AML, IGA, and Sijilat (MOIC) systems; we enabled seamless and compliant onboarding processes, reducing paperwork and enhancing the overall customer journey.
Teller Services Paperless Automation and Digitizing
Our expertise in digitizing teller services for one of the local banks in Bahrain showcases our commitment to transforming traditional banking operations. By digitizing processes such as transaction handling, document management, and customer interactions; we enabled the bank to improve operational efficiency, reduce errors, and enhance customer service. This includes implementing secure digital channels for transactions, electronic document management, and workflow automation.