Allied Bank signs agreement with IBM

LAHORE: Allied Bank (ABL) has joined hands with IBM and Oracle to embark on a cognitive journey on Oracle Big Data Platform. A signing ceremony was held at Allied Bank head office in Lahore. Allied Bank, being fully cognizant of the digital transformation pre-requisites, will become one of the first banks in Pakistan to adopt Oracle Big Data Appliance, which is a flexible, high performance, secured and multi-purpose engineered system for Hadoop workloads and data processing. Allied Bank’s wide range of banking services and customer transactions have created enormous amount of structured and unstructured data. Speaking on the occasion, Allied Bank CEO Tahir Hassan Qureshi stated, “Allied Bank is continuously investing in the technologies of the future and adopting Oracle Big Data Platform is another step towards revolutionising data driven decision making in today’s digital economy.  “ABL and IBM are joining hands to embark on a cognitive and analytics journey,” said IBM Pakistan Country General Manager Ghazanfar Ali.  

Published in The Express Tribune, January 12^th, 2019.

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