SAMBA Bank Limited, a subsidiary of Samba Financial Group of Saudi Arabia decided to host their core banking solution on complete IBM middle ware stack with IBM DB2 Database which shall enable Samba Bank to integrate their front end and back end systems seamlessly. The Bank also selected IBM POWER8-based servers, based on the first open server platform and the first processor designed for Big Data, IBM storage and industry's most advanced IBM Flash Systems which will allow them to build highly efficient and flexible performance optimised system.
Speaking on the occasion, the President & CEO of Samba Bank, Shahid Sattar stated that "This strategic alliance with IBM will enable Samba Bank to provide maximum up time to its branch network with the best of breed technology to run the core banking application along with faster time to market." IBM's Country General Manager Humayun Bashir said "We are proud to be partnering with SAMBA Bank for this initiative where the Bank will notice a fair reduction in data processing time and shall be able to draw key insights faster."-PR