Tech giant Cisco has announced that the Saudi Investment Bank (SAIB) has become the first financial institution in the Kingdom to adopt the entire Cisco SDN Architecture. The move enables SAIB to automate its network to quickly respond to changing business needs while improving customer service.
With the implementation of its new network, powered by Cisco SD WAN, SAIB will be able to automate an increasing number of processes, allowing the to accelerate time to market in deploying applications and adding new services.
Faisal Al-Omran, CEO, Saudi Investment Bank, said: “We are delighted to announce that we have adopted Cisco’s latest technologies into our network at SAIB. Implementing such technologies, supports our digitisation strategy and at the same time we will be better placed to respond and adapt to ever-changing business dynamics. Cisco new technologies make it possible for SAIB to automate daily processes in order to deliver an enhanced customer experience.”
SAIB will be the first bank in Saudi Arabia to have the full stack of Cisco SDN Architecture and better powered by intent to offer IBN using Cisco Application Centric Infrastructure (ACI), SDA and SD-WAN. The Saudi Investment Bank was also the first bank in the country to acquire ACI in its data centre, which is an important first step towards software defined networking (SDN).
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