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The National Bank of Kuwait

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The National Bank of Kuwait
The National Bank of Kuwait
Bennacef Arafet
Group : 3 ( sophomore)

1) Since the development of the new ERP SHOROUQ system in NBK, the company has been changed essentially. The new system was originally developed according to the group's mission to establish a leadership position across the region. This is why an IT transformation project including a full revamp of the core systems and associated decision support tools with more focus towards Business Intelligence (BI) was urgent and pertinent to the company's customer focus

2) The old system, prior to SHOROUQ, was completely at the mercy of the mainframe platform. After many years of using and adopting in the business, the system became the home of many costumed applications. The maintenance of those applications, as well as the hardware, after many years and further enhancements became too costly and time consuming. This is why the new NBK system SHOROUQ became an advantage due to its new features and its ability to overcome many of the shortcomings of the old system, particularly the costs of maintenance. However, SHOROUQ suffers from a conventional disadvantage that faces all ERP systems. The SHOROUQ system was costly to develop and establish. The NBK invested too much time and money to make SHOROUQ a reality

3) SHOROUQ was a core system for NBK. This system was developed by the team members taking into consideration their mission as well as the NBK regional status. This is why it was critical for the company and development group to develop a strategic system such as SHOROUQ.

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