Egyptian American Bank standardises banking platform on Intel-based HP servers

Source: Intel and HP

Egyptian American Bank (EAB), one of Egypt's leading joint venture banks, has standardised its enterprise-wide core banking system on Intel(r) Itanium(r) 2 processor-based HP Integrity rx8620 and rx7620 servers to enhance customer service and to underpin the Bank's future growth.

The new solution will run all internal banking transactions. It will also provide a powerful, scaleable platform that will enable EAB to grow its customer base and revenues, by supporting the rapid development and roll-out of new financial products and services.

The centrally-managed enterprise solution hosting EAB's FLEXCUBE* banking application will provide more than 900 employees across 32 branches with enhanced access to customer financial records, product and service information to enable improvement in overall customer service.

As part of its strategy to deploy a new, centralised IT environment, EAB required a server platform that would deliver enhanced processing performance, support for its core banking application, and scope for future growth. Extensive evaluation and benchmarking demonstrated that the open-standards based Intel Itanium 2-based HP Integrity servers delivered increased availability of data and reduced management costs. Additionally, the platform demonstrated the flexibility to enable EAB to efficiently add extra processing resource to the existing system as business demand increases.

"As the central hub of our enterprise-wide IT systems, it is essential that our server environment delivers best in class reliability and performance now, while giving us the flexibility and scalability to grow and meet future customer demand," said Jamie Hall, Executive Vice President and Chief Operating Officer, Egyptian American Bank. "The Intel and HP solution provides us with the data-intensive processing performance to support day-to-day operations, while enabling us to fast-track the development of future products and services to maintain our competitive advantage."

"Intel works closely with a wide range of server manufacturers and software developers to ensure delivery of efficient, tailored solutions, whatever the industry sector," said Tom Garrison, Head of Enterprise Marketing, Intel EMEA. "We are delighted to have worked jointly with HP to develop the robust and reliable Intel Itanium 2-based HP Integrity server platform that enables EAB to enhance customer service now while setting the foundations to extend their leadership in the future."

"Through our extensive experience and expertise in delivering information technology solutions that meet the specific needs of financial services institutions, HP understands that customers in this industry require the highest levels of performance and flexibility to run mission critical applications and, ultimately, provide superior customer service," said Rudi
Schmickl, Vice President and General Manager, Enterprise Storage and Servers, HP EMEA. "HP Integrity servers deliver the performance, high availability and scalability that customers such as EAB need to minimise downtime and adapt quickly and easily to meet their business needs."

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