Leading Financial
Services Provider in the
Middle East Transforms
Mission-Critical Workloads
with Cloud4C and OCI

About the Client

The organization is a premier financial services firm in the Middle East region, and the financial services arm of a global, multinational conglomerate that operates in several locations. Licensed by the central banking authority of the region, the organization aims to become to go-to financial services provider for MSMEs and individuals alike. Some of the firm's financial solutions include financial leasing, asset financing, and real estate financing. Since the company's operations span multiple locations, they required a scalable, resilient, and secure IT infrastructure to support its growing digital initiatives without having to worry about regulatory compliance or operational efficiency.

Challenge

To begin with, there was the issue of aging on premises IT infrastructure, which the firm was relying on. It required frequent hardware refreshes three to five years, which led to high costs and operational inefficiencies. Additionally, the IT management also followed a decentralized approach across multiple teams, which led to operational silos, inefficiencies and security vulnerabilities. The firm knew they needed a cloud-first approach and aimed to migrate its mission-critical workloads to Oracle Cloud Infrastructure (OCI). However, the transition needed to be seamless, risk-free, and fully compliant with regional banking regulations as well.