Bank Hapoalim collaborates with Amdocs to provide a personalized banking experience for customers

JERSEY CITY, NJ / ACCESSWIRE / January 31, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that it has completed the first phase of a project with Bank Hapoalim, one of The largest financial services institutions in Israel, to create a differentiated and personalized banking experience for Bank Hapoalim customers.

Using Amdocs’ leading catalog management software, Bank Hapoalim will be able to quickly create and implement customer-focused offers, products and services through greatly improved time-to-market agility. Tools have been introduced that enable new ways of working, breaking down silos to unleash greater innovation and collaboration across teams and business units.

The Tel Aviv-based bank has also upgraded to a 360-degree customer view capability, creating the opportunity to provide product bundles that meet individual needs.

“We are committed to providing our clients with personalized financial products and services that reflect their lifestyle and are delivered quickly,” said Bank Hapoalim’s Magen Margalit. “Our project with Amdocs enables this and plays a key role in our digital transformation as we seek to be at the forefront of financial services innovation.”

“We are delighted to enable Bank Hapoalim’s vision of a truly personalized banking experience, leveraging rapid product innovation and IT agility to attract and retain customers,” said Anthony Goonetilleke, technology group president and chief strategy officer at amdocs. “Our work with Bank Hapoalim speaks to aligning key elements of our portfolio with the needs of global financial service providers, and how Amdocs helps create digital consumer experiences that meet rapidly evolving customer expectations.” .

Through its financial services offering, Amdocs has worked with several banks, including ABN Amro, TD Bank, ANZ, Westpac and Capital One, enabling them to embrace new ways of working and create next-generation banking experiences for their customers. .

Amdocs helps those who build the future make it amazing. With our market-leading portfolio of software products and services, we unlock the innovative potential of our clients, enabling them to deliver next-generation media and communication experiences for both individual end-users and enterprise customers. Our 31,000 global employees are here to accelerate service providers’ migration to the cloud, enable them to differentiate themselves in the 5G era, and digitize and automate their operations. Amdocs, listed on the NASDAQ Global Select Market, had revenues of $4.58 billion in fiscal 2022. For more information, visit www.amdocs.com

Amdocs Forward Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements regarding Amdocs’ growth and business results in future quarters and years. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, we cannot guarantee that our expectations will be met or that deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, among others, the effects of general macroeconomic conditions, the prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other global or regional events such as the COVID-19 pandemic, as well as the environmental current inflationary conditions and the effects of these conditions on the company’s customer businesses and business activity levels, Amdocs’ ability to grow in the business markets it serves, Amdocs’ ability to successfully integrate acquired businesses , the adverse effects of competition in the marketplace, rapid technological changes that may render the Company’s products and services obsolete, the potential loss of a major customer, our ability to develop long-term relationships with our customers, and associated risks with business operations in the international market. Amdocs may choose to update these forward-looking statements at some time in the future; however, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed in more detail in Amdocs’ filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2022 filed on December 13, 2022.

Email: [email protected]

Email: [email protected] / [email protected]

SOURCE: Amdocs Management Limited

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