KARACHI: In a bid to meet its growing business requirements, MCB Bank has announced to select Oracle WebLogic Server.
One of the leading commercial banks in Pakistan, MCB Bank selected Oracle WebLogic Server, which is the No 1 application server for cloud and conventional environments, to standardise its over 1200 branches on top of a single application server to help reduce cost, risk, and complexity.
MCB Bank needed to standardize on a highly scalable foundation to support future growth. Additionally, the organization wanted to significantly enhance data security by leveraging single sign-on and strong authentication capabilities at the application platform level, which will incorporate an enhanced layer of security to protect sensitive data.
The bank selected Oracle WebLogic Suite, the most comprehensive offering based on Oracle WebLogic Server 12c, a comprehensive Identity Management solution from Oracle including: Oracle Access Management Suite, Oracle Directory Services, Oracle Identity Governance Suite, Identity Manager Connector and Management Pack.
“We needed to have a highly reliable, available, and robust application platform to support our growing operations besides our increasing information security needs, to ensure that information was being accessed on a need to know basis in order to cater to privacy of our customers’ information,” said Imtiaz Mahmood, CIO, MCB Bank.
Oracle WebLogic Suite will help maximize its ROI from MCB Bank’s core banking application by enabling faster online banking services and supporting future growth. MCB Bank recently upgraded its core banking system in order to help minimize system downtime and support its rapidly growing online business, as it was now processing more than 400,000 daily transactions for retail and corporate banking services which are estimated to grow to 1 million transactions daily over the next few years.
