Bank Muamalat partners Alibaba Cloud to use predictive analytics

[ from left ] Alibaba Cloud Intelligence International president Selina Yuan, Alibaba Cloud Intelligence Malaysia and Thailand general manager Kenny Tan, Bank Muamalat Malaysia Bhd chief technology officer Abdul Razak Mohamed Ismail and Bank Muamalat Malaysia Bhd chief executive officer Datuk Mohd Redza Shah Abdul Wahid at the strategic partnership announcement between the two parties during Alibaba Cloud Summit Kuala Lumpur 2019 at Connexion Conference & Event Centre, Nexus Bangsar South. AZMAN GHANI / The Star

KUALA LUMPUR: Bank Muamalat Malaysia Bhd has partnered Alibaba Cloud to spur its predictive analytics pilot which could yield results by year-end.

The collaboration is the first of its kind for Alibaba Cloud in the financial industry and Islamic banking sector here.