Founded in 2010, the National Islamic Bank of Iraq, based in Baghdad, has quickly grown from one location with 120 customers to three branches with 1,800 customers throughout Iraq. It provides multiple account services, including current accounts and savings accounts, fixed deposits, letters of credit and bank guarantees, and Islamic financing.
To ensure a secure and scalable branch-banking system, the National Islamic Bank worked with United Arab Emirates-based, Oracle partner Jacquard Systems to deploy Oracle’s Sun Ray 270 clients and Oracle’s Sun 2 thin clients running Sun Ray Software 4.2. The hardware forms the basis of the modular branch-in-a-box (BIAB) system developed by Oracle Partner Jacquard Systems. To bring a new branch online, National Islamic Bank simply ships preconfigured hardware, and technicians plug it in at its destination.
After considering products from Cisco Systems and Hewlett-Packard, National Islamic Bank chose Oracle’s Sun Ray clients, per Jacquard’s recommendation, because they are reliable and secure. They are also affordable and easy to configure and use.
The bank began its implementation in December 2010 and completed the initial installation in three weeks, on time and on budget. Jacquard Systems’ configured the environment, including its BIAB system, for 60 users, who were trained onsite at National Islamic Bank using Oracle User Productivity Kit.
Oracle partner Jacquard Systems implemented Sun Ray 2 Client and Sun Ray 270 Client with Sun Ray Software 4.2, which form the basis for its BIAB system designed specifically for the financial sector.
Jacquard Systems also protected the bank against the country’s frequently unpredictable electrical infrastructure by installing an uninterruptible power system (UPS) both on the central server and generators in branches as part of its BIAB system, allowing branches to continue working even if headquarters goes offline (and vice-versa).
“Jacquard Systems made an excellent decision in choosing Sun Ray Clients with Sun Ray Software for its BIAB system. Together, they form a highly reliable and secure system, which helps us operate under frequently difficult conditions in a country rebuilding its infrastructure,” said Ali Issam, chief information officer, National Islamic Bank.