NEWS
Emirates NBD recognised by The Asian Banker for ‘ Best Data Management ’ implementation ’
Management , Emirates NBD , said : “ As a digital-first banking group , data intelligence is critical not only to our business operations but also in ensuring seamless customer interactions . Emirates NBD has been an early adopter in investing in data management capabilities and we are pleased to be recognised for our efforts by The Asian Banker . Our partnership with SAP has been a key enabler in our journey and has brought significantly increased capability to our Enterprise Data Platform .”
Emirates NBD , a leading banking group in the Middle East , North Africa and Turkey ( MENAT ) region , was recently recognised at The Asian Banker Middle East and Africa Financial Technology Innovation Awards 2021 , for its enterprise data platform ( EDP ) implementation , with SAP as implementation partner .
The award recognises the implementation of the large-scale data management initiative , driven through a collaborative effort with SAP , the implementation partner for the strategic transformation programme .
Suvo Sarkar , Senior Executive Vice President and Group Head , Retail Banking and Wealth
Shailendra Sahay , Head , Industry and Value Advisory , South Europe , Middle East and Africa , SAP , commented : “ Achieving better customer experience and business outcomes through advanced data analytics such as customer lifetime value is one of the foundations of the SAP Intelligent Enterprise strategy . We are pleased to have partnered with Emirates NBD for the bank ’ s data strategy and transformation journey .”
Mubadala Investment Company and Stonepeak announce deal to sell Cologix to accelerate market growth
Mubadala Investment Company and
Stonepeak , an investment firm specialising in infrastructure and real assets , have announced an agreement to sell Cologix – the largest private interconnection and hyperscale edge platform in North America . The transaction is expected to close in early 2022 .
Cologix is North America ’ s leading networkneutral interconnection and hyperscale edge data centre company with more than 600 networks and over 300 cloud providers across the platform . The company provides critical IT infrastructure to more than 1,600 customers through its operations that span 40 interconnection and hyperscale data centres in 11 North American markets .
“ Our success as a leading investor lies in our ability to identify uniquely-placed quality businesses to venture into , and equally importantly , assess monetisation opportunities to ensure that we maintain significant capital growth and a healthy portfolio of business investments . We firmly believe that our involvement with Cologix ticked all those boxes from the outset and we are pleased to have contributed to this successful partnership ,” said Khaled Al
Qubaisi , CEO , Real Estate and Infrastructure Investments , Mubadala .
Mounir Barakat , Executive Director , Digital Infrastructure Investments , Mubadala , said : “ Mubadala is very proud of its positive involvement in the latest chapter of Cologix ’ s journey and of the collaborative and constructive engagement with Stonepeak .”
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