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Tuesday, January 06, 2009
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Bank adopts IBM Islamic solution
Manama
 

Almoayed Group, the Tier 1 partner of IBM in Bahrain, will deploy IBM servers at International Investment Bank (IIB).

These servers will run the investment bank's core banking solution.

The systems will run an Islamic banking solution on high availability clusters, a unique solution provided by Almoayed Group.

"IBM solutions provide a far superior IT infrastructure to run critical applications particularly for banking and financial solutions," said Almoayed Group chief executive officer Rajan Mohindra.

"We are glad that IIB have made correct choices. With a powerful IT infrastructure in place, IIB will now have a solid platform to deploy Industry leading IT solutions to meet the ever growing industry challenges," he added.-TradeArabia News Service

 


 
   
 
     
 
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