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MCB Bank Selects Oracle to Consolidate Core Banking Platform

Islamabad: MCB Bank has selected Oracle WebLogic Server to consolidate its core banking platform and standardize its 1200+ branches on top of a single application server to help reduce cost, risk, and complexity.

To meet its growing business requirements, 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.

“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.

“We are confident that Oracle WebLogic Server and security solution will enable us to address our current needs, simplify our processes, and also address emerging requirements. The security solution will also help us cater to all identity management needs of the organization, thus creating a great user experience while also effectively managing risk for the organization,” he added.

“We believe that Oracle’s best-in-class solutions will provide MCB with the centralized architecture needed to meet the business objectives set for MCB’s core banking platform,” said Ahsen Javed, Regional Managing Director, Oracle Pakistan and South Asia Growing Economies – West.

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