The new platform will allow clients to open an account, transact, borrow, invest, insure and even protect their wealth online without visiting a branch.
Banks must also consider the classification of data, materiality of the activity outsourced, level of risk, mode and form of cloud computing and offshoring of data.
This makes Microsoft the first global provider to deliver cloud services from datacentres on the continent, which will help companies securely and reliably move their businesses to the cloud while meeting compliance needs.
CSI employs approximately 1,200 individuals nationwide, and its focus on employee development and appreciation plays a significant role in the companys service-centric culture.
M-Pesa services are now offered in countries as diverse as Albania, D.R. Congo, Egypt, Ghana, India, Kenya, Lesotho, Mozambique, Romania, and Tanzania.
This solution also needed to optimize the bank’s cost base, track usage across downstream systems and business users, and ensure compliance with vendor data contracts.