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World News

Oman Data Park signs MoU with Bank Nizwa for Digitalisation & Technological Innovation

Oman Data Park (ODP) the Sultanate’s first IT-managed and cloud services provider, took part in the seventh edition of the New Age Banking Summit – Oman 2022 on 31st May 2022 where the organisation signed an MOU with Bank Nizwa that focuses on Data Centre Services.

This partnership further attests to Bank Nizwa’s keen focus on embracing digitalisation and technological innovation to deliver distinct, elevated and customised services to its customers.

Treating data as a quintessential element to gaining a better insight into customer preferences, Bank Nizwa has continued to invest in its data management systems to deploy innovative solutions for the benefit of its clients.

Ever since its inception, Bank Nizwa has entrusted its data management to Oman Data Park (ODP). ODP, in return, has ensured that its data centre has remained abreast with deploying the highest level of safety, security and efficiency in data hosting.

“Our participation in the seventh edition of the New Age Banking Summit constitutes a turning point in Oman Data Park’s march of achievements, where we are delighted by signing important agreements with Bank Nizwa in fields that we are enjoying privileged professionalism,” said Eng. Maqbool Al Wahaibi, CEO of Oman Data Park.

“Our signing of this Memorandum of Understanding with Bank Nizwa enhances our role in contributing effectively to achieving a safe digital transformation in the field of banking and financial services in the Sultanate, in a world that is moving towards making the most of artificial intelligence services in various fields,” added Al Wahaibi.

“We are pleased with our new partnership with Oman Data Park in the fields of advanced technology that will contribute to smoothing the data flow and ensuring its protection, while ODP is reputed for its professionalism in the field of data centres and managed services.

As the first Islamic bank in the Sultanate, we at Bank Nizwa have been keen on our leadership in various fields of our banking services, by keeping pace with the latest developments in banking technology, including our endeavour to benefit from artificial intelligence and data centre services,” said Khalid Al Kayed, CEO, Bank Nizwa.

He further added that keeping pace with artificial intelligence technologies will contribute to enhancing our banking services for individuals, corporate internet banking services for small and medium enterprises, international banking services for global markets and investment banking as well.

Publish on W.Media
  • June 13, 2022
Author Info - W.Media
Anuradha Nagar
Anuradha Nagar
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