Intel inside: Egyptian American Bank

Egyptian American Bank (EAB), one of Egypt’s leading joint venture banks, has standardised its enterprise-wide core banking system on Intel Itanium 2 processor-based HP Integrity servers to serve the bank's 900 employees across 32 branches.

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By  Maddy Reddy Published  October 27, 2004

Egyptian American Bank (EAB), one of Egypt’s leading joint venture banks has standardised its enterprise-wide core banking system on Intel Itanium 2 processor-based HP Integrity rx8620 and rx7620 servers to enhance customer service. The solution will provide EAB with the data-intensive processing performance to support day-to-day operations, while enabling the 28-year old bank to fast-track the development of future products and services. “As the central hub of our enterprise-wide IT systems, it is essential that our server environment delivers best in class reliability and performance now, while giving us the flexibility and scalability to grow and meet future customer demand,” says Jamie Hall, executive vice president and chief operating officer, Egyptian American Bank. The centrally-managed enterprise server will host FlexCube a banking application from iFlex. FlexCube will provide more than 900 employees across 32 branches with enhanced access to customer financial records, product and service information. iFlex's Java-based FlexCube is a financial middleware, which allows EAB to create and deploy financial applications over web and other customer contact points such as ATM, PDA, WAP and telephone. “Intel works closely with a wide range of server manufacturers and software developers to ensure delivery of efficient, tailored solutions, whatever the industry sector. We are delighted to have worked jointly with HP to develop this platform that enables EAB to enhance customer service,” says Tom Garrison, director of enterprise marketing, Intel EMEA. “Through our extensive experience and expertise, HP understands that customers in this industry require the highest levels of performance and flexibility to run mission critical applications and ultimately, provide superior customer service,” adds Rudi Schmickl, vice president and general manager, enterprise storage and servers, HP EMEA. EAB is a joint venture between American Express Holdings (40.83% shareholding) and the public sector Bank of Alexandria, which holds 33.81% stake. The Bank’s employees and private individuals hold the remaining shares.

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