A rising financial services company in the Middle East quadrupled its client base in four years and needed to upgrade its banking platform. Read about how the Commercial Bank of Dubai relied on Microsoft Azure to upgrade its application infrastructure, improve transaction security and speed and became so customer friendly that a user could open an account in just two minutes using its award-winning mobile banking platform. If you'd like to see what Microsoft Azure can do for your organization, contact Teknologik today for a complimentary demo.
How has CBD improved its banking platform?
The Commercial Bank of Dubai upgraded its application infrastructure using Microsoft Azure, which improved transaction security and speed. This modernization allows individual customers to open an account in about two minutes through its mobile banking platform. Additionally, CBD launched a low-code Corporate Internet Banking platform, enabling faster solution development and better control over digital differentiation.
What impact has Azure had on CBD's operations?
Microsoft Azure has significantly improved CBD's operational efficiency by enabling faster development and deployment of applications. Previously, deploying new services could take three to six months, but now changes can be made in a day. This has led to better cost control and oversight, as well as enhanced transaction transparency and security.
What are the key benefits of CBD's Corporate Internet Banking platform?
CBD's new Corporate Internet Banking platform, developed in eight months using Azure, provides stability, performance, and security through multi-factor authentication. It allows corporate clients to connect to third-party systems quickly and efficiently via open APIs, consolidating various corporate systems into a seamless user experience.
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