Utd.bk (regs) Regulatory News (UBLS)

24 Jan 2008 07:00

United Bank Limited24 January 2008 Secretary's Deptt. SD/UBL-Disclouser:08 24 January 2008 FAX 1. Mr. Muhammad Ghufran 2. Malik Zafar Javaid 3. Mr. Ahmad Noman Manager Joint Secretary General Manger Karachi Stock Exchange Lahore Stock Exchange (Operation) (Guarantee) Ltd. (Guarantee) Ltd. Islamabad Stock Karachi Stock Exchange 19, Khayaban-e-Aiwan- Exchange (Guarantee) Ltd. Building e-Iqbal, Room No.308m Karachi Stock Exchange Lahore Anees Plaza Road, 101-E, Fazal-ul-Haq Karachi. Road, Bule Area Islamabad Dear Sirs, Disclosure - Material Information UBL Signs Core Banking Contract with SUNGARD System Access We are pleased to announce that UBL has signed a contract with SUNGARD SystemAccess for the implementation of their Core Banking Solution, SYMBOLS andCustomer Service Manager in order to augment the IT infrastructure of the Bank.(SYMBOLS) SYMBOLS / CSM, are flagship products of SUNGARD, and are a state-of-the-artfamily of banking solutions. They are designed to incorporate cross segmentuniversal banking functionality, extending its seamless customer centric designaround an advanced technology foundation. The suite has over 30 modules meeting the needs of universal banks. Its unifiedplatform supports financial institutions in delivering personalized servicesover multiple delivery channels while maintaining a collaborative one-to-onerelationship with their customers. It utilizes open standards and technologies to enable ease of intra- andinter-enterprise application interoperability. The project has been structured to achieve early success, with modules expectedto go live in a phased manner. You may please inform members of your Exchange accordingly. Yours faithfully, Abdul Sattar Vaid Aqeel A. NasirVice President & Company Secretary &Unit Head Chief Legal Counsel c.c. to 1. Citibank, N.A. Karachi Branch, Custodian of UBL, GDRs, 2. London Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange