Commercial Bank of Dubai adopts Microsoft Cloud

CBD among early adopters of Microsoft’s UAE cloud regions

The move will boost CBD’s existing innovative initiatives such as fraud prevention.
The move will boost CBD’s existing innovative initiatives such as fraud prevention.

The Commercial Bank of Dubai (CBD) has picked Microsoft Azure cloud to accelerate its digitisation drive.  

The announcement comes after the recent launch of Microsoft’s two new cloud regions in the UAE, one in Dubai and one in Abu Dhabi.

Dr. Bernd van Linder, chief executive officer of Commercial Bank of Dubai, said: “As part of our commitment of becoming a ‘default digital’ bank, we are pleased to partner with Microsoft to leverage the Microsoft Azure Cloud, which will help us increase our business efficiencies, support digital culture change and better meet our customer needs.”

The adoption of the Microsoft Azure cloud will enable CBD to modernise its technology landscape, enhance its performance, reinvent customer engagement and promote innovation within the entity.  The move will also boost CBD’s existing innovative initiatives such as fraud prevention, AML, conversational banking user experiences, AI and analytics using the Microsoft Azure Cloud services.

“The UAE’s Financial Services Industry, in recent times, has exponentially prioritised the culture of innovation across its different line of businesses, and banks like CBD have been at the frontier of this effort to achieve the vision of a truly digital bank,” said Sayed Hashish, general manager, Microsoft UAE. “The Microsoft Azure cloud will deliver on CBD’s vision to digitally transform itself into a modern banking institution that can adapt and respond to the ever-changing customer needs.”

Most Popular

Digital Edition

Subscribe today and get your copy of the magazine for free