MCB Bank Selects Oracle WebLogic Suite 12c to Support Its Core Banking Upgrade
to Power Exceptional Experiences for Employees and
REDWOOD SHORES, CA -- (Marketwired) -- 01/16/14 -- Oracle (NYSE:
MCB Bank Ltd. (MCB), one of Pakistan's leading
financial service providers with over 1100 branches, has selected
Oracle WebLogic Suite 12c to help maximize its ROI from its new core
banking application, while enabling faster online banking services
and supporting future growth. MCB has opted to upgrade its core
banking system in order to help minimize system downtime and support
its rapidly growing online business, as it was now processing more
than 400,000 daily transactions for retail and corporate banking
services which are estimated to grow to 1 million transactions daily
over the next few years.
-- MCB Bank Ltd.(MCB), one of Pakistan's leading financial service
providers with over 1,100 branches, has selected Oracle WebLogic Suite
12c to help maximize its ROI from its new core banking application,
while enabling faster online banking services and supporting future
-- MCB has opted to upgrade its core banking system in order to help
minimize system downtime and support its rapidly growing online
business. MCB needed to enhance the system efficiency because it has
been processing more than 400,000 transactions for retail and
corporate banking services on daily basis that is estimated to grow
around 1 million per day, over the period of next two to three years.
-- Oracle WebLogic Suite 12c can help in enhancing MCB's capabilities by
engaging its customers and enabling its employees along with partners.
This enhancement will also be helpful in further improvement of MCB's
web experience management, portals, enterprise content management and
enterprise social collaboration technology.
-- Oracle WebLogic Suite 12c includes all the capabilities of Oracle
WebLogic Server and can enable enterprises to outperform their
competitors while minimizing the operational costs. It can easily
scale to adapt to changing business conditions and application
-- "Oracle WebLogic Suite is the most reliable and scalable solution for
our core banking platform upgrade because it will enable seamless
integration with the database, primarily based on Oracle
technologies," said Imtiaz Mahmood, Head of Information Technology
Group, MCB Bank Ltd. "The new platform provides high performance for
online banking services and supports our future growth requirements."
-- "Oracle WebLogic powers exceptional experiences for employees,
customers, and partners. It helps to provide the foundation for Oracle
Applications to deliver a next-generation user experience," said
Shariq Rehman, Country Manager, Oracle Fusion Middleware, Oracle
Pakistan and South Asia Growing Economies - West. "With this
implementation, MCB Bank can stay ahead of its competitors by adapting
to changing business conditions and application requirements."
-- Oracle Fusion Middleware
-- Oracle WebLogic Suite
-- Connect with Oracle Cloud Application Foundation on Blog and Twitter
-- Connect with Oracle WebLogic Server via Blog, Facebook, Twitter and
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