The Government Institutions Pension Fund (GIPF) is the Republic of Namibia’s managed pension fund. It was founded in 1989 and works to deliver the highest quality of service to its stakeholders in an innovative, professional, and respectful manner. Under the mission to safeguard and grow the fund for the benefit of its stakeholders and Namibia, the fund provides retirement, death, and ancillary benefits to its beneficiaries.
GIPF selected Oracle E-Business Suite and Oracle Database because of Oracle’s deep experience in delivering integrated enterprise systems and its unrivalled local reputation for delivering successful projects in regulated financial industries and for public sector organizations.
“We are committed to the Namibian community, so it was important that we worked with a company that had a solid reputation, plenty of experience working in Namibia, and could deliver a comprehensive and integrated solution that would cover HR, finance, and management of our pension fund. Oracle met all of those needs and provided strong local partners, such as Silnam Solutions,” said Dieter Steinbach, general manager, IT, GIPF.
GIPF started the implementation with an upgrade to Oracle Database, 11g and later deployed Oracle E-Business Suite 12.1. It worked with Oracle Consulting, Oracle reseller partner Silnam Solutions, and harnessed expertise from Oracle E-Business Suite implementation services.
Namibian-based Silnam IT Solutions is an Oracle, specialized, software and hardware, value-added reseller that is skilled in supplying IT solutions based on industry best practices and in delivering training and local support.
“It fit our organization’s values and mission to work with locally committed suppliers with a Namibian presence, so we partnered with Silnam Solutions alongside Oracle Consulting to upgrade our Oracle Database and to install Oracle E-Business Suite components. Both companies have an impeccable record of working with financial systems and delivering government projects, and they delivered an integrated system on time, on budget, and in-line with our organizational goals. Our CIO said that it was one of the smoothest implementations he has ever experienced,” Steinbach said.