CASE STUDY
ABOUT KUWAIT FINANCE
HOUSE (KFH)
KFH was established in Kuwait in
1977 and is listed in the Kuwait Stock
Exchange. The KFH Group is a global
pioneer in the field of Islamic banking
services, where it offers a wide array of
Islamic products and services, as well
as a high standard of innovation and
client service.
KFH IS ABLE TO PROTECT ITS CRITICAL
DATA AND . . . DELIVER CUTTING-EDGE
SERVICES AND DELIVER THE HIGHEST
LEVEL OF CUSTOMER SERVICE.
Fahad Al Rashdan, Regional Director at
International Turnkey Systems Group (ITS)
said: “ITS has developed and refined its
award-winning technology for Islamic bank
and financial institutions for over 36 years.
Our extensive industry experience helped
us identify Dell EMC’s Data Protection
Suite as the solution that would deliver a
superior banking experience for KFH. With
this new implementation, KFH will further
upgrade its banking system to unlock new
enterprise capabilities and better serve its
customers’ needs.”
The bank manages its operations in the
GCC, Asia and Europe through over 480
branches, including KFH–Turkey, in order
to offer services for the bank’s clients in
Turkey, Malaysia, Saudi Arabia, Bahrain,
Germany, Jordan and Dubai.
KFH’s vision is to spearhead the global
development in Islamic financial
services, and to upgrade the bank
into the level of becoming the most
sustainable profitable Islamic bank in
the world.
Habib Mahakian, Vice President, Gulf at Dell
EMC, said: “We are immensely pleased to
be working with an innovation-led financial
institution such as the Kuwait Financial
House and supporting them with their
objective of creating a strong foundation for
data growth. At Dell EMC, we aim to ensure
that by leveraging our Data Protection
Solutions, KFH is able to protect its critical
data and optimise the protection and
availability of its IT environment to deliver
cutting-edge services and deliver the highest
level of customer service.”
REAL-TIME (AND
NEAR REAL TIME)
DATA ACCESS IS
A KEY BUSINESS
DIFFERENTIATOR.
We asked Srood Sherif, Group Chief
Information Officer, more questions about
the solution.
compliance and data sovereignty concerns
associated with any potential data loss due
to tape-centric issues.
With the deployment completed, KFH
intends to drive the efficiency of data
recovery to the highest level, eliminate
usage of tape backup by limiting human
intervention in backup and recovery
operations and save approximately
US$1 million over a three year period in
storage management.
Group Chief Information Officer at KFH,
Srood Sherif, said: “As a leader spearheading
www.intelligentcio.com
Islamic financial services worldwide, KFH
has always been committed to providing
its ever-expanding customer base with
frontline products and services, which can
be obstructed by a lack of real-time data
access. Data Protection solutions by Dell
EMC helps ensure that our present storage
infrastructure not only facilitates round-the-
clock data availability but also extends a
high level of data protection and recovery
at the speed of our business. Hence, we are
extremely glad to be working with Dell EMC
to realise our vision of becoming the most
sustainable and profitable Islamic bank in
the world.”
What recovery capabilities does
the solution offer Kuwait Finance
House (KFH)?
The solution delivers digitisation of legacy
data residing on magnetic tapes that might
not guarantee recovery when needed. With
the Dell EMC solution, KFH benefits from
recovery within minutes or hours instead
of days or weeks and this determines the
business differentiation for KFH. Getting
data back from legacy repositories quickly
and reliably enhances KFH’s compliance and
data risk posture significantly.
INTELLIGENTCIO
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