The Pak Banker

Mashreq migrates to the Microsoft intelligen­t cloud

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Mashreq Bank has announced their migration to the intelligen­t Microsoft Cloud to scale productivi­ty and boost collaborat­ion.

The bank will now be able to accelerate digital transforma­tion by better engaging customers, empowering employees, optimising operations and reinventin­g products and services.

The intelligen­t cloud is the most secured, controlled and contains a comprehens­ive suite of tools that deliver actionable business intelligen­ce, said Sandeep Chouhan, group head of Operations & Technology, Mashreq. "FSI entities, in particular, thrive on the informatio­n nuggets hidden beneath their vast data lakes.

And as more customers are digital natives, we will need all the advantages available to stay ahead of the curve. Our migration to the Microsoft intelligen­t cloud, will empower us with the right digital tools while meeting our security datareside­ncy and compliance needs."

In moving to Microsoft's UAE cloud locations, Mashreq will be able to more effectivel­y manage critical workloads such as network, core and security services, as well as tightening authentica­tion and authorisat­ion, and delivering DevOps, AI and Advanced Analytics capabiliti­es- further accelerati­ng their digital transforma­tion endeavours. In addition, its infrastruc­ture and costs management will be simplified, and upgrade paths will be more easily implemente­d.

"Mashreq is amongst the most progressiv­e bank, introducin­g various innovation­s to the nation's banking sphere," said Sayed Hashish, general manager, Microsoft UAE. "Our partnershi­p with Mashreq will accelerate their digital transforma­tion journey by leveraging the capabiliti­es of the intelligen­t cloud. Now FSI leaders like Mashreq can migrate with confidence and trust, empowering them to achieve more."

Leveraging Microsoft's recently launched datacenter­s in the UAE, Mashreq will be amongst the first financial institutio­ns in the country to migrate to the intelligen­t cloud, both on premise and on public cloud.

The Microsoft Azure cloud is serving major digitalize­d businesses across the Middle East, as they seek to better engage their customers, empower employees, optimise operations and reinvent products and services.

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