Introduction of The Saudi Arabian Economy dynamics and automation of operations for success.

        Riyadh Bank is one of the largest financial institutions in the Kingdom of Saudi Arabia and the Middle easy. It provides different services relating to the banking industry to the customers. Their products are innovate and in line with the laws of Shariah. The bank was established in 1957 and since its inception it has added value to Saudi Arabian economy. Almost 51 percent of the Bank is owned by the State of Kingdom of Saudi Arabia. The company like other banks in the country is regulated by Saudi Arabain Monetary Agency. Innovation is at the heart of Riyadh bank and it uses modern ICT methods in its operations and wise use of technology to facilitate the customers.

        The bank is not only famous for the banking services but investment services which are shariah compliant. Few different segments through which the Riyadh bank operate include the retail sectors, investment banking and brokerage, treasury and investments, corporate and few other services. The retail section mainly focuses on cash transactions and transfers to facilitate payments with customers and suppliers for the business. Whereas the brokerage and investments focus on investment activities and activities related to assets management services. Likewise each segment has its duties assigned by the department specializing in the required field.

        Riyadh Bank requires coordination between the departments and centralized system to manage the customers. Riyadh Bank is a forward looking bank which wants to add to the economic growth by the plans of Vision 2030. Riyadh Bank is revolutionizing the way Saudi Arabian banks works and adapting ICT as a major tool for transformation. The opting for modern technology has allowed Riyadh Bank to be efficient and influence the market. It is the need of Vision 2030 that Riyadh bank is aiming to grow and adopting modern methods.