Wednesday, 27 July 2011 15:27
KARACHI: National Bank of Pakistan NBP has selected IBM (NYSE:IBM) for Business Continuity and Resiliency Services (BCRS) to ensure uninterrupted services and protection of crucial data in the event of a disruption.
The new agreement enables NBP to meet stringent resiliency requirements of State Bank of Pakistan and reduce need for split-second decision making during an emergency, says IBM press release.
"NBP ITD took landmark initiative in June 2011 to consolidate all twelve regional centers into a centralized location. To mitigate risks of having all data in a centralized environment and to have proper disaster recovery, business continuity we selected IBM BCRS.
We selected vendor that has relevant expertise and capability to provide business continuity services required by EBS" said Mahmood Siddiqui, CIO of NBP. IBM solution will equip NBP with an improved processing capability, enable bank to run its core banking and payment solutions applications with a round the clock ...