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Server manufacturer Sun Microsystems has clinched a deal in the financial services vertical with BankIslami in Pakistan.
Following a proof-of-concept, the bank replaced one hundred of its HP thin clients at its headquarters in Karachi with Sun Microsystems's Sun Ray ultra thin clients, the US company announced this week.
Terms of the deal were not disclosed.
According to Sun, its solution offered the Pakistan Islamic bank with a system that reduced hardware and maintenance cost and improved security and scalability.
"We were impressed with the superiority of Sun Ray thin clients and decided that it was best suited for our organisation," Asad Alim, CIO of BankIslami commented. "It is vital in our industry to have a secure solution to protect corporate data and intellectual property. Sun's proven track record in the financial services industry and market leading solutions met our business requirements for a secure and scalable desktop solution."
He added that the bank planned to extend its Sun Ray deployment as it expanded its operations.
"In an industry where one could potentially have thousands of networked desktops, which regularly need updating with the latest applications, the savings in terms of time and cost is significant," Sun Microsystems MENA Chris Cornelius stated.
"Sun Ray offers real benefits in terms of efficiency, speed of response, ease of maintenance and cost. The software will co-exist with the bank's backend infrastructure and offer multi-platform OS support," he added.
Other deals Sun has won in the Middle East financial services sector include the Central Bank of Egypt, which last year contracted Sun to provide servers, data processing systems and specialised services as part of a US$2.85million overhaul of its IT infrastructure.
This is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red SnappaLet's see what will happen and if this project will go ahead. Only time will show. What happens to the other projects? not much is going on? Are investors... more
Monday, 21 May 2012 11:49 AM - Greg
That is probably one of the silliest moves that will hinder business and interaction.
Almost every company has dealings with some form of foreign entity... more
I find it amazing taht the very same people who 4 years ago were singing praises are today lamenting funeral wakes.
Business is a risk and about decision... more
What does "USA-tailored regime" and Iraq have to do with this story is beyond me. more
Monday, 21 May 2012 4:40 PM - Alithe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurIt is the Arabian Gulf because firstly Persia hasn't existed since 1935 and, therefore, does not appear on modern maps. So, by saying Persian Gulf we are... more
Sunday, 20 May 2012 7:40 PM - Juma Said JumaThis is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red SnappaIn this part of the world, it will everlastingly be the Arabian Gulf because there is absolutely nothing persian about the Arabian Gulf. more
Monday, 21 May 2012 7:03 PM - Fahdseveral good points made here however democracy is about all the people and there are over 4 million people in Kuwait, Kuwaitis and expats we the expats... more
Friday, 18 May 2012 7:32 PM - jamesthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - BaffyNEVER BUY PROPERTY IN ARAB COUNTRIES !!! more
Sunday, 6 May 2012 6:37 PM - Rene
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