Abu Dhabi Islamic Bank (ADIB) has become the first Islamic bank globally to migrate to a cloud-native architecture using zero-footprint topology and the first in the UAE and GCC to implement Swift’s Alliance Cloud platform.
This transition enhances ADIB’s financial messaging capabilities, improving security, efficiency, and scalability for its retail and corporate clients.
Swift’s Alliance Cloud is a cloud-based financial messaging solution designed to modernise payment processes.
By adopting a Software as a Service (SaaS) model, ADIB has improved payment processing speed and security while streamlining its payment architecture and reducing costs.
“Our collaboration with Swift highlights our commitment to staying ahead in a rapidly evolving financial landscape, ensuring our customers benefit from secure, efficient, and innovative solutions.”
said Manoj Bhojwani, ADIB’s Chief Information Officer.
Swift supports financial institutions in adopting zero-footprint solutions, providing secure and resilient access to its Alliance Cloud regardless of architecture, channel, or transaction volume.
Michael Wakileh, CEO of ProgressSoft, which contributed to the project, said:
“With the successful rollout of cloud prerequisites and our Message Depot for message warehousing, we have enabled ADIB to fully migrate its message screening and controls for Swift.”
Featured image credit: edited from freepik
