Home / / Oman Arab Bank upgrades with IBM

Oman Arab Bank upgrades with IBM

OAB selects IBM solutions to provide platform for core banking

Oman Arab Bank upgrades with IBM
Oman Arab Bank has deployed new IBM systems for its core banking.

Oman Arab Bank (OAB) has upgraded its banking systems, to improve responsiveness to customers, and to enable greater business agility.

The bank, which has branches in the Sultanate, Egypt and the UAE, has rolled out new IBM server and storage virtualisation products, and IBM Websphere software.

The upgrade provides the bank with a virtualised environment and an open standards approach, for greater flexibility of systems. OAB has deployed IBM Power Systems and IBM System Storage SAN Volume Controller as to create the platform for core banking.

The bank has also improved its business continuity and disaster recovery capabilities.

IBM local partner Gulf Business Machines was closely involved with the project.

“Highly advanced technology is a critical enabler in the banking industry, essential for competitive advantage and helping to drive differentiation, speed to market, and ability to capitalize on new opportunities,” stated Amr Refaat, IBM general manager for Middle East and Pakistan. “IBM and GBM are working closely with OAB to help the bank reduce costs, increase return on investment and optimize business processes.”

“Our approach has meant that we can provision new computing capacity on demand using IBM servers, blade center and storage, within minutes as opposed to hours and/or days,” commented Hassan Abdul Ali Mohammed, deputy general manager- Information Technology Head, OAB.  “Speed to market is crucial to gaining competitive advantage and this, together with the strong integration capability provided by IBM and GBM, allows us to launch new applications and associated customer services quickly.”

“Throughout our ongoing relationship with OAB, we aim to ensure their IT infrastructure is up-to-date with the latest IBM technologies. The solutions implemented are aimed at providing a stable, reliable and well-suited platform to cater to the bank’s specific requirements,” said Oliver Mouries, country general manager of GBM Oman.

Follow us to get the most comprehensive IT solutions delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.