• HSBC

Sun and Synergy outperform competition to lead within the financial services industry

  • United Arab Emirates: Thursday, October 11 - 2007 at 11:41
  • PRESS RELEASE

Sun Microsystems and partner Synergy Computers have gained another strategic win in the financial services vertical with BankIslami, Pakistan.

With security at the forefront, and enhanced scalability a prerequisite, Pakistan's premier Islamic Bank have replaced its incumbent HP thin clients with Sun Microsystems' Sun Ray Ultra Thin Clients.

The bank replaced one hundred of its existing thin clients at its headquarters in Karachi and replaced them with SunRays after Sun and its partner ran a successful proof-of-concept. The proof- of -concept clearly demonstrated the superiority of Sun's solutions.

Through its SunRay thin clients and SunRay Server Software, Sun and Synergy were able to offer BankIslami a solution that reduced hardware and maintenance cost and also improved security and scalability. Flexible SunRay Server Software provided the bank with a much needed cost effective solution delivering a rich, virus-free virtual Linux desktop environment.

"We were impressed with the superiority of SunRay thin clients and decided that it was best suited for our organisation," said Asad Alim, CIO, BankIslami. "It is vital in our industry, to have a secure solution to protect corporate data and intellectual property. Sun's proven track-record in the financial services industry, and market-leading solutions met our business requirements for a secure and scalable desktop solution. As the bank grows, we look forward to deploying Sun Rays in all our current and new branches."

Moreover, SunRay Server Software is a secure, cost-effective solution that delivers a full virtual desktop to Sun Ray thin clients. It will deliver substantial return on investment and help secure the desktop from data theft and viruses.

"In an industry where one could potentially have thousands of networked desktops, which regularly need updating with the latest applications, the savings in terms of time and cost is significant. SunRay offers real benefits in terms of efficiency, speed of response, ease of maintenance, and cost. The software will co-exist with the banks backend infrastructure, and offer multi-platform OS support," said Chris Cornelius, managing director, Sun Microsystems MENA.

BankIslami is a specialist in Islamic banking and the first Pakistani bank to receive an Islamic Banking license. As a rapidly expanding company, BankIslami required a technically superior product with a proven history within the financial service industry that would improve return on investment, and reduce total cost of ownership.
 
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About Sun Microsystems, Inc.

Sun Microsystems develops the technologies that power the global marketplace. Guided by a singular vision -- "The Network is the Computer" -- Sun drives network participation through shared innovation, community development and open source leadership. Sun can be found in more than 100 countries and on the Web.

Sun, Sun Microsystems, the Sun logo, Solaris, and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.

BankIslami Pakistan Limited

BankIslami Pakistan Limited ("BankIslami") is the first bank to receive Islamic Banking license under thenew Islamic Banking policy of 2003. BankIslami offers full range of Shariah compliant commercial banking products and services including Liability products such as Current & Saving accounts, Term deposits and Asset products such as Auto Ijarah, MUSKUN Home financing, Murabaha finance, Trade finance including Islamic Export Refinance as well as services which include Biometric ATM facility, Internet banking service etc. The Bank envisages to be the first Islamic Financial institution in Pakistan to focus on Wealth Management as its core area of business.

About Synergy Computers (Pvt.) Ltd

Synergy Computers is an Information Technology Solution Provider, operating in Pakistan since 1981. Synergy's broad offering of hardware, software, and communications solutions, combined with consultancy and maintenance services, make them an invaluable one-stop-shop for all corporate computerisation requirements.

Media Contacts:
Amber Dale
The Portsmouth Group
Tel:- +971 4 369 3574

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