Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank, was awarded the prestigious BFSI Deployment of the Year Award by Computer News ME’s (CNME). QFIB, amongst 13 other financial institutions shortlisted for The ICT Achievement Awards 2011, was honoured for taking a major step in embracing cloud technologies for Core Banking, Email, Enterprise Resource Planning (ERP). The award was presented at a gala evening function which was held at The Monarch Hotel in UAE, Dubai where more than 350 delegates from the region’s ICT sector attended.
“Our IT strategy has always been to adopt global best practices and latest standards of technology to support the growing needs of the business. This award comes as a testimony to the leading role our IT team has played in the transforming the business.” commented Emad Mansour, QFIB’s CEO.
QFIB has taken a major stride in embracing cloud technologies, not just for email but also for ERP and other core banking applications. It has also been actively pursuing certifications in COBIT and ITIL making IT central to leading transformation within the business.
QFIB is the first investment bank in Qatar to receive such an accreditation for its IT Department and Data Center. Earlier this year, The Bank received the ISO 27001 international certification.
The ICT Achievement Awards organized by Computer News ME (CNME), the premier ‘technology in business’ magazine of the Middle East, recognizes the achievers and trend-setters of the IT industry in the region.