Ethiopian bank Debub Global Bank (DGB) selected Oracle solutions and will be deploying Oracle FLEXCUBE Universal Banking, Oracle’s SPARC T5-2 server, and Oracle’s StorageTek storage solutions” to achieve its vision of becoming best-in-class within Africa’s banking industry. The hardware and software solution provides the foundation on which DGB can roll out its “Anywhere, Any Branch” cross-channel strategy.
Sonny Singh, senior vice president and general manager, Oracle Financial Services said, “By running Oracle FLEXCUBE on Oracle servers with Oracle StorageTek tape and SAN storage, DGB has a strong, scalable foundation to support its expansion plans and execute its ‘Anywhere, Any Branch’ strategy across channels.”
With Oracle FLEXCUBE, DGB will benefit from consolidated customer and product details across all banking departments. The combination of Oracle FLEXCUBE software with Oracle hardware will help the bank protect its data, reduce its operational costs and improve time to market as well as deliver a better customer experience with anywhere, anytime banking.
“We now have a scalable and reliable foundation to realize our vision of becoming a best-in-class bank in Africa,” said Aman Semir, IT director and CBS project manager, Debub Global Bank S.C. “Debub Global Bank has transformed its legacy platform to improve the customer experience with faster time to market of new, tailored product offerings and drive exponential customer growth. Oracle’s products will continue to serve as the backbone of our bank’s IT infrastructure and system solutions.”