Emirates NBD recognised by world's enterprise data leader for delivering 'big data' regional first
Source: ASDA'A BCW for Emirates NBD , Author: Posted by BI-ME staff
Posted: Wed November 21, 2018 12:38 pm

UAE. Emirates NBD, a leading financial institution in the Middle East, is pleased to announce that it has received the “Best Big Data Implementation in Banking for Next Generation Analytics” Award from Infomatica, the world’s enterprise data management leader.

The award recognises Emirates NBD’s efforts as the first bank in the region to establish a fully-automated ingestion framework as it prepares to launch its Enterprise Data Platform (EDP). The EDP is scheduled for imminent launch   and represents a key capability for Emirates NBD’s four-year AED 1 billion digital transformation strategy.

The EDP’s ingestion framework uses Infomatica’s Big Data Management tool, leveraging meta-data with full automation and scalability, and the ability to load thousands of internal and external bank data sources. By providing high-speed data ingestion and integration, this will deliver a critical foundation of the bank’s EDP to ultimately achieve large volumes of unified data access across Emirates NBD.

Commenting on the award win, Abdulla Qassem, Group Chief Operating Officer, Emirates NBD said: “As part of our AED 1 billion digital transformation, we are committed to better harnessing our big data to deliver analytics that ultimately enhance our customer experience. We are delighted to be recognised by Infomatica for our innovation and market-leading efforts in building a fully automated and scalable ingestion framework for our EDP. With this foundation in place, we are now very well positioned to have a fully-functional EDP by early 2019 to rapidly discover actionable insights and operational analytics from our business data in a protected, controlled environment.”

Kash Rafique, Managing Director for Informatica’s Middle East Africa business added: “This really is a tremendous achievement and I am honored to present this award to Emirates NBD. We recognise this hallmark achievement and the innovation that Emirates NBD is delivering with cutting edge technology to work more effectively with data frameworks. This is one of the largest Informatica deployments of big data management of its kind within the banking and financial sector in the Middle East region. This enhancement of client capabilities into next generation analytics to drive business outcomes is part of our core mission to accelerate our client’s data driven transformations. I am delighted that Emirates NBD has partnered with Informatica to form this strategic engagement.”

Emirates NBD’s four-year digital transformation is now in its second phase. The transformation initiative was announced in 2016 and includes an end-to-end upgrade of Emirates NBD’s capabilities across data, as well as IT architecture, infrastructure and security, and in terms of its IT-business model.

Photo:  Emirates NBD recognised by world's enterprise data leader for delivering 'big data' regional first

About Emirates NBD:
Emirates NBD is a leading banking Group in the region. As at 30th September 2018, total assets were AED 492.6 Billion, (equivalent to approx. USD 134 Billion). The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests conducted outside of its branches. The bank was declared the Most Innovative Financial Services Organization of the Year at the 2017 BAI Global Innovation Awards.

The bank currently has 227 branches and 1058 ATMs and SDMs in the UAE and overseas and a large social media following, being the only bank in the Middle East ranked among the top 20 in the ‘Power 100 Social Media Rankings’, compiled by The Financial Brand. It is a major player in the UAE corporate and retail banking arena and has strong Islamic Banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.

The Group has operations in the UAE, the Kingdom of Saudi Arabia, Egypt, India, Singapore, the United Kingdom and representative offices in China and Indonesia.
The Group is an active participant and supporter of the UAE’s main development and community initiatives, in close alignment with the UAE government’s strategies, including financial literacy and advocacy for inclusion of People with Disabilities under its #TogetherLimitless platform. Emirates NBD Group is an Official Premier Partner of Expo 2020 Dubai.

For more information, please visit: www.emiratesnbd.com

About Infomatica:
Informatica® is the only Enterprise Cloud Data Management leader that accelerates data-driven digital transformation. Informatica enables companies to fuel innovation, become more agile and realize new growth opportunities, resulting in intelligent market disruptions. Over the past 25 years, Informatica has helped more than 9,000 customers unleash the power of data.

Industry Recognition and Awards
Named a leader by Gartner in all of Informatica’s markets, placing farthest to the right on the completeness of Vision axis and highest on the Ability to Execute axis within the Leaders quadrant across all the following Magic Quadrants for:*

•Data Integration Tools (August 2017)
• Enterprise Integration Platform as a Service (iPaaS) (April 2018)
• Master Data Management Solutions (October2017)
• Data Quality

Tools (October 2017)
• Metadata Management Solutions (August 2017)
• Received top Marks in customer loyalty for 11 Consecutive years in the benchmark Data Integration Customer Satisfaction Survey conducted by TNS
• Listed by Computerworld as a Best Place to Work in IT for 5 consecutive years
• 2018 Info Security Products Guide Global Excellence Award Grand Awards
• Named to 2018 CRN Big Data 10

Founded in1993. Headquartered in Redwood City, California

 

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