JS Bank Limited

JS Bank Limited Reduces Costs by 50% and MeetsCompliance Obligations with Integrated Platform


JS Bank Limited

JS Bank Limited was established in December 2006 following amerger between Jahangir Siddiqui Investment Bank Limited andthe commercial banking operations of American Express Bank Ltd Pakistan. It offers retail, corporate, and investment banking;wealth management; and treasury services. JS Bank is asubsidiary of JS Group, one of Pakistan’s most diversifiedfinancial services organizations.


  • Replace a legacy accounting system that did not provide highvisibility into financial data
  • Streamline and standardize business processes to improveefficiency and strengthen management
  • Reduce the maintenance workload on IT staff
  • Submit detailed performance reports to Pakistan’s financialregulator


  • Engaged Oracle Certified Partner Sapphire Consulting Servicesto implement a new, integrated financial management platformbased on Oracle Financials
  • Reduced costs by 50% by standardizing systems andtransactional processes across the merged entities
  • Provided staff with the tools they need to easily monitorthousands of financial transactions per day
  • Gained a highly efficient financial system with robust internalcontrols and clear audit trails, enabling staff to investigateinconsistencies and ensure the quality of data
  • Increased productivity and freed staff to focus on higher valueactivities by eliminating manual tasks and automatingaccounting and financial management processes
  • Leveraged built-in reports to meet compliance obligations,including State Bank of Pakistan reporting requirements
  • Eased maintenance workload as the bank only has to manageone centralized system