Intelligent CIO Middle East Issue 85 | Page 57

CASE STUDY

ONE OF THE MAIN DRIVERS OF OUR TRANSFORMATION

WAS THE DISRUPTION

BEING CAUSED BY AGILE FINTECH COMPANIES . UNLIKE OTHER BANKS

THAT ARE THREATENED BY THESE ORGANISATIONS ,

WE HAVE EMBRACED A COLLABORATIVE

APPROACH WITH THE AIM OF POSITIONING OURSELVES

AS THE BANKING ARM OF FINTECH BUSINESSES IN

SAUDI ARABIA . simply wouldn ’ t have the insight we need to effectively create this attractive programme ,” said Omar Alageel , Head of Business Technology , Arab National Bank .

Having already realised these and other successes through its partnership with Confluent , Arab National Bank is committed to growing Its digital operations at an accelerated pace . “ Our Bank ’ s leadership sees that consumer preferences and trends in the sector are shifting dramatically . They recognise that digital is the future and have clear strategies in place to support innovative digital initiatives . This presents us with an inflection point at which we intend to leverage our agility to rapidly gain market share ,” Alharbi said .
Confluent is a data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion . Using Confluent ’ s cloud-native offering as the foundational platform for data in motion , the company has designed the platform to be the intelligent connective tissue enabling real-time data , from multiple sources , to constantly stream across the organisation .
With Confluent , organisations can meet the new business imperative of delivering rich , digital front-end customer experiences and transitioning to sophisticated , real-time , software-driven backend operations . p
ANB at a glance
Amongst the largest banks in the Middle East , ANB headquarters is based in Riyadh , Saudi Arabia with regional offices in Jeddah , Khobar and a network of branches throughout the Kingdom . In addition , the bank hasu an international branch in London , United Kingdom .
Vision
To become the chosen financial partner in the Kingdom
Mission
To empower the Kingdom ’ s ambitious people , organisations , and society by providing innovative tailored financial solutions and fast simple experience
Promise
Beyond Banking
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