"Doha bank has been introducing variety of products and delivery channels regularly and many more are in the pipeline. In Today's environment, technology is the driver of banking business. IT infrastructure must be highly dependable, and robust to support the needs of highly demanding customers." Said Mr. R.Seetharaman, Acting General manager of Doha bank.
In the pic: R Seetharaman, Acting General Manager of Doha Bank (centre), greeting Essam Samara, Chairman of ICS, as officials from Doha Bank and ICS look on.
"Doha Bank strategy is to deliver financial services to our customers at finger tips. We, as Doha Bank are striving and ensuring the 24X7 availability of services to our customer with online real-time positions of their financial information. This enables our customers to manage their financials any-time, any-where and through multiple channels like Internet Banking, SMS Banking, ATMs, Phone Banking etc. In order to ensure this, we have completely re-engineered our Core Banking architecture which has enhanced reliability, scalability, reusability, security and manageability. The state of art technology solution has enabled high-availability, robustness and better performance, in addition to faster disaster recovery capabilities. The new architecture will enable us to introduce any new solution in short span of time, added Mr. Seetharaman.
Mr Essam Samara, Chairman of ICS, the Core Banking system (BANKS) provider, while speaking on the occasion, said that, ICS is very proud to have Doha Bank as our key customer. We are also happy to see Doha Bank leaping forward in its business growth and has become a strong player in the financial industry with in Qatar as well as in the Middle East. As recognition of this, the Bank has been bagging several awards recently like "The best bank in Qatar" and "The best commercial bank in Middle East". ICS understands the mission-critical nature of Core Banking System and its role in introducing new channels and services. Our re-designed and re-engineered solution supports our customer's to achieve their goals in this competitive market.
ICS Deputy General Manager Mr. Robert Hazboun said: "We are honoured that our clients, have been awarded for Excellence and Innovation. The awards have encouraged us and have added to our large track of success in the different parts of the world. The re-design and re-structuring of our core banking solution is based on latest and industry standard tools which gives us advantage over our other competitors."
Doha Bank Head of Technology, Mr. U. V. K Kumar said: "Doha Bank, the second largest bank in the state of Qatar, had engaged ICS in a major project to migrate the Core Banking system from distributed environment to centralized one. The project is accomplished successfully as per plan. The Centralized version of application is built using Oracle latest products i.e. ORACLE 10g Database, ORACLE 10g Application Server to host application. Doha Bank is the only bank in the region that has implemented ORACLE 10g Databases with RAC for high availability and load balancing. Doha Bank has been one of the most technology oriented bank in the country as it has lots of products that were launched as first in the country like phone banking, SMS banking, Mobile Banking, integrated with core banking System. The application vendor has supported the bank in achieving the milestones. Doha Bank had been using distributed application before moving to centralized one since 1999."
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© Press Release 2005
