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Max
von Bonin, Storage Platform Lead – CEWA, IBM, Michael Manzi, Country Manager,
CWG Uganda, CS Vinay, Associate Regional Manager / Head, Africa, Finacle,
Neeraj Bajpai,
ISV & SI’s Architect, IBM and Somas K Balasubramanian,
Client Technical,
Architect, IBM MEA, during the Business Summit in Kampala
recently.
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Affirming this partnership to DigitalSENSE
Business News, the head, Marketing Communications and corporate affairs at CWG,
Ms Success Nmerife, said in a Press Statement that the trio successfully brought-in IT transformation
solutions for the financial services sector in East Africa.
According to her, this was outcome of a
business technology summit organized by CWG Uganda, a member of the pan African
Systems Integration Company, CWG.
She also disclosed that the summit theme was “Driving Finacle core
banking application on IBM Power7 and storage” provided a forum to discuss and
create awareness around the theme for industry experts and stakeholders.
The Client Technical, Architect, IBM Middle
East and Africa (MEA), Somas K Balasubramanian, was quoted as saying in a
presentation entitled “IBM STG Solutions to accelerate the Banking Transformation
Projects with IaaS Cloud” that some key challenges in the banking industry include
operations integration, service operations to market share demand and growing
revenues.
He urged banks to align their IT services
with business objectives as well as improve the quality of their service while
reducing long term costs on IT. Stressing, that governance, policies, processes
and methodologies with regards to Cloud computing, declaring that IBM has
partnered with some banks to achieve Smart cloud objectives.
Also speaking, Neeraj Bajpai, the ISV & SI’s Architect, IBM & Open Group
certified IT Architect, said in a presentation tagged “Why Power Systems are
Important: Transform your business with IBM Power Systems” pointed out that
banks could consider when choosing a hardware platform for their Core banking
application.
“IBM’s systems high
performance, energy efficient servers are ideal for multiple applications and
infrastructure workloads while providing one architecture design that supports
banking transactions at optimum performance and cost.
He further talked about the IBM/ Finacle value proposition to the
banking industry where IBM is the number 1 Unix server maker in the world. Also how Finacle integrates and uses IBM
technologies such as websphere, Infosphere, Filenet and Rationale.
He highlighted some of the benefits derived from deploying core banking
application on IBM power servers such as: total cost of ownership (TCO), scalability,
optimized computing resources, improved server utilization rate, enhanced workload
request, approve, capture, deploy process management and control while reducing
image deploy time from 2-4 weeks to a few hours for the development and testing
workloads amongst other features and benefits.
In his submission to the occasion, Michael Manzi, the Country Manager,
CWG Uganda, says, “The trend in the industry today is that customers increasingly
feel more comfortable to engage a Single Responsibility Partner (usually the
software provider, who has impeccable credentials in hardware as well).
This
significantly increases the success factor, and drastically reduces the points
of failure in the project by eliminating the resort to finger pointing by many
vendors and CWG has over time proved herself as such a Partner with leadership
skills and resources in Software, Hardware and Database”.
Addressing the participants, CS Vinay, Associate Regional Manager and
Head Africa, Finacle noted that, Finacle core banking application from Infosys
is a highly sophisticated and advanced system that has been deployed and is
being used by a number of financial services institutions in Africa and other
continents.
... Making SENSE of digital revolution!
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