Systems Limited and Mashreq Expand Strategic Tech Partnership to Drive Banking Innovation

Systems Limited and Mashreq have renewed and expanded their strategic technology partnership, marking two years of impactful collaboration aimed at accelerating digital transformation across Pakistan’s banking sector. The partnership underscores the growing importance of Pakistan’s IT industry as a trusted hub for regional technology delivery.

Initially launched as part of Mashreq’s broader technology modernization program, the engagement has given the bank direct access to top-tier engineering talent through Systems Limited. The renewal ensures continuity, scalability, and further institutionalization of this partnership, reinforcing its role in advancing Mashreq’s digital initiatives.

Hamayun Sajjad, CEO of Mashreq Pakistan, emphasized that the collaboration is more than outsourcing—it is a strategic alignment enabling faster execution, agility, and innovation. He also noted the importance of strengthening the Pakistan-UAE technology corridor and nurturing talent that meets the needs of next-generation banking.

Asif Peer, Group CEO and Managing Director of Systems Limited, highlighted that the renewal reflects the trust and results delivered over the past two years. He stressed Systems’ role in providing globally competitive talent and solutions, while reinforcing its position as a frontrunner in banking technology services.

The partnership has enabled Mashreq to accelerate digital programs, reduce lead times, enhance regulatory agility, and experiment with innovative banking solutions. For Systems Limited, the collaboration validates its capacity to serve global financial institutions and underscores the export readiness of Pakistan’s IT sector.

What began as a focused outsourcing arrangement has evolved into a model for cross-border technology collaboration, one that delivers measurable impact, institutional capability, and a platform for showcasing Pakistani talent on the global stage.