May 07, 2019 | The Asian Banker
- Emirates NBD implemented an open sourced, in-house developed private cloud system
- The implementation brings notable efficiency benefits and 50% reduction in critical incidents
- The application deployment time dropped from 6 weeks to less than a day
Dubai March 21st2019–Emirates NBD was awarded the Best Cloud Based Initiative, Application or Programme in the Middle Eastat The Asian Banker Financial Technology Innovation Middle East and Africa Awards Programme 2019. The awards ceremony was held in conjunction with The Excellence in Retail Financial Services Convention 2019at Conrad Dubai, U.A.E on March 21st2019.
Emirates NBD implemented an open sourced, in-house developed private cloud system
Emirates NBD became the first bank in the region to implement an open sourced, inhouse developed private cloud platform as part of its digital transformation. The solution offers two service models ‘Infrastructure as a service’ (IAAS) and ‘Platform as a service’ (PAAS). Several systems bought from external vendors are being implemented through IAAS model, while the Bank’s all in-house systems are implemented on PAAS model.The system has full portability andprovides flexibility through open source.
The implementation brings notable efficiency benefits and 50% reduction in critical incidents
The implementation has improved technology standardisation, reduced infrastructure environment provisioning from average 8 days to about 30 minutes. Following the implementation there has been 50% reduction in critical incidents across the bank. The PAAS environment has facilitated 90% higher utilisation efficiency than traditional infrastructure whil...
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