About the Client

Founded two decades back, this financial institution is one of the country's flagbearers in Shari'ah compliant Islamic banking, aiming to transform economic development with comprehensive retail banking, treasury and wealth management services to individuals and businesses.

Challenge

The firm had moved to Shari'ah compliant cloud for its core banking apps. However, the payments suite required an innovation upgrade and thereby hosted on a secure and hyperscale performant cloud solution compliant with in-country laws, central bank regulations, and international payment standards. The latter had to be in seamless sync with the core banking cloud.

Solutions

Cloud4C, leveraging its Bank-in-a-Box framework and expertise in rendering mission-critical transformations for leading banks in the Gulf, performed a thorough investigation of the current landscape. OCI was chosen as the cloud foundation for the payments suite, followed by well architected blueprinting and secure deployment. All mission-critical environments in the suite, from dev stack to production layer, were hosted disruption-free ensuring seamless compliance with in-country laws, PCI-DSS, Mastercard, and VISA standards. Additional security monitoring preserved continuity and delivered uninterrupted experiences for thousands of customers.

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KEY RESULTS

Maximum
availability of applications

Maximum availability of applications

100% compliance with international standards

100% compliance with international standards

Frictionless end consumer experiences

Frictionless end consumer experiences

Seamless risk monitoring and continuity

Seamless risk monitoring and continuity