Cisco’s innovative network infrastructure enables The Saudi Investment Bank to quickly adapt to changes in business needs while improving the services provided to customers RIYADH, KSA, 21st April 2021: Cisco has today announced that The Saudi Investment Bank (SIB) has become the first financial institution in the Kingdom to adopt the entire Cisco SDN Architecture. This enables SIB to automate its network to quickly respond to changing business needs while improving customers service. With the implementation of its new network, powered by Cisco SD Wan, SIB will be able to automate an increasing number of processes. This will allow SIB to accelerate time to market in deploying applications and adding new services. Faisal Al-Omran – CEO of The Saudi Investment Bank said: “We are delighted to announce that we have adopted Cisco’s latest technologies into our network at SIB. Implementing such technologies, supports our digitisation strategy, and at the same time we will be better placed to respond and adapt to ever-changing business dynamics. Cisco new technologies make it possible for SIB to automate daily processes in order to deliver an enhanced customer experience.” SIB will be the first bank in Saudi Arabia to have the full stack of Cisco SDN Architecture, and better powered by Intent to offer IBN using Cisco Application Centric Infrastructure (ACI), SDA and SD-WAN. The Saudi Investment Bank was also the first bank in the country to acquire ACI in its Data Centre, which is an important first step towards Software Defined Networking (SDN). To complement the successful implementation of ACI, SIB has decided to further expand its SDN foot-print by evaluating the new network in its Local Area and Wide Area Networks. SIB decided to engage with Cisco due to its reputation as a market leader in this field. Once successfully completed, SIB will replace its existing network with new infrastructure based on Cisco Digital Network Architecture (Cisco DNA) and Cisco SD-Access. This new single network system provides for greater responsive management in addition to integrating wired and wireless networks, improving collaboration, and offers the mobility needed to support a flexible working environment. With Cisco SD-Access, SIB will simplify its operations, reduce complexity by separating the control and data planes, while making automation highly secure and scalable. This empowers the Bank to quickly bring new applications and services to customers, while also freeing up valuable employee time for other tasks. It allows provision for deliverables to be completed in days rather than months. The new system also allows SIB to build programmable networks while eliminating the need for manual configuration. This will support the bank’s provision and management of its data centres, LAN, and WAN, as well as centralizing configuration, management, control, monitoring, service delivery, and cloud automation. Salman Abdulghani Faqeeh, Managing Director, Cisco Saudi Arabia said: “The implementation of Cisco SDN Architecture with SIB reflects our excellent reputation within the industry for innovative products that help businesses achieve their goals while also delivering exceptional experiences for customers. With Cisco’s SDN Architecture, SIB has taken a significant step in realizing its digital future and we are proud to be supporting them on this journey. Our networks and tools allow businesses to automate repetitive tasks to speed up delivery of new products and services, improving operational efficiencies.” Cisco is supporting SIB as it continues its journey towards greater digitization of services and operations that will enable the Bank to become more efficient and enhance the customer experience. ENDS About Cisco Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco. Cisco, the Cisco logo, Cisco Systems and Cisco IOS are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information. Tamara Azab Head of Communications - MEA Cisco tazab@cisco.com +97155706 5472 Yousef Batter Account Manager Hill+Knowlton Strategies yousef.batter@hkstrategies.com +971 55 935 6531 Latest Articles Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. 9 Jun 2024 The Saudi Investment Bank and Saudia’s AlFursan Loyalty Program Unveil Pioneering “Travel Account” In partnership with Saudia’s AlFursan loyalty program, The Saudi Investment Bank (SIB) has introduced the "Travel Account," a... 26 Oct 2023 The Saudi Investment Bank signs an official partnership agreement with Real Madrid CF The Saudi Investment Bank (SIB) announced today its new partnership agreement with Real Madrid CF. 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