Abu Dhabi: Abu Dhabi Islamic Bank (ADIB) has collaborated with IBM, a New York-based cloud platform and cognitive solutions company, to adopt IBM hybrid cloud solutions based on Red Hat OpenShift and become a digitally-led Islamic bank.

This step is in line with the bank’s digital transformation strategy which deploys big data, analytics, and Artificial Intelligence (AI) to provide operational and financial benefits, according to a press release on Sunday.

The bank will depend on the IBM hybrid cloud solutions to improve its digital infrastructure, modernise operations, automate processes, and bring faster new services to the market.

The Chief Information Officer at ADIB, Mamoun T. Alhomssey, said: "As we continue to upgrade and enhance our operations, the bank will benefit from IBM’s hybrid cloud solutions that enable faster processes that can increase productivity and performance while also strengthening our security."

The General Manager of IBM in the Middle East and Pakistan, Hossam Seif El-Din, added: "Our collaboration with ADIB is evidence that hybrid cloud strategies are core to digital transformation journeys and an enabler of revolutionized business models."

 

Source: Mubasher

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