EMC concludes regional financial services road show showcasing IT solutions on electronic payments, security and compliance

Directors of financial institutions depend on information for their decisions, yet the impact of those decisions is not only determined by the experience and know-how of the decision-maker, but also by the accuracy and integrity of the underlying data, according to EMC Corporation, the world leader in information infrastructure solutions.

Attended by a significant number of EMC customers and prospects, the road show outlined EMC financial services solutions that can help IT achieve their goals and provide their institutions with a competitive advantage. Various topics were discussed featuring electronic payments, digital services and multi-channel delivery, information security fraud prevention, identity management, remote office branch office strategy, governance, risk and compliance, and IT transformation - the journey to private cloud computing.

"EMC solutions, leveraging cutting-edge information technology and consulting capabilties, improve transactional performance, business continuity, IT operational efficiencies , and secure critical information assets throughout the entire financial transaction process while complying with regulatory compliance and fraud mitigation requirements" said Sean Lee, Director of Business Development for EMC's Financial Services Vertical Practice.

Lee led the EMC delegation on a 14-day road show across the UAE, Qatar, KSA, Kuwait, Egypt and Turkey and facilitated, along with other EMC professionals, a mix of customer seminars and business meetings to share with the various financial Institutions EMC's proven experience in the industry and how organizations can leverage from this experience to meet their business objectives.

EMC Solutions enable financial institutions to automate business processes by reusing and repurposing their information assets to facilitate the rapid creation of new financial products and services for their valued customers"," added Lee.

Financial Service Industry managers have been looking to technology to help them improve their institutions' bottom lines. IT management has been challenged to meet the business expectations by achieving significant cost reductions throughout new technology initiatives such as data center consolidation, virtualization, application rationalization, efficient disaster recovery strategies and workflow automation. Operating and consuming IT differently has become mandatory today which requires building the information infrastructure in a different way to be dynamic, flexible and secure while providing choices.

"Information is the most valued asset for the world's financial community and storing and managing this information smartly and strategically is crucial towards achieving optimal efficiencies and ratios maximization," said Mohmmed Amin, EMC Vice President and General Manager for Turkey, Emerging Africa & Middle East Region "Our ultimate goal is to help our customers in the region to increase information asset utilization while reducing costs to contribute to the organization's efficiency ratio and key operational metrics," he continued.