VEON and Standard Chartered Bank Team Up for Digital Innovation
VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) has proudly announced a significant partnership involving its enterprise solutions division, Garaj, and Standard Chartered Bank (SCB). This collaboration is focused on establishing a regional availability zone in Pakistan. As a leading global bank, SCB aims to enhance its digital transformation strategies while ensuring efficient operations across its data centers.
Expanding Operational Resilience
Garaj's state-of-the-art Tier 3 Data Center will serve as the backbone of Standard Chartered Bank's digital operations in Pakistan. This facility complies with Global TIA-942 standards, ensuring that SCB's critical IT and banking operations achieve high levels of availability and security. With robust disaster recovery solutions in place, Garaj is committed to safeguarding the bank’s activities and enhancing the customer experience.
Comprehensive Support and Uptime Assurance
This agreement entails around-the-clock operational support from Garaj, which includes a Network Operations Center (NOC) staffed by certified professionals who are dedicated to maintaining high system uptime. The helpdesk is always available to provide immediate assistance, thereby ensuring a seamless banking experience for Standard Chartered Bank’s customers.
Leadership Perspectives on the Partnership
Asif Aziz, the President of Enterprise Solutions at Jazz Business, expressed enthusiasm about this collaboration, emphasizing that it is intended to fortify operational capabilities and deliver reliable services. He noted, "Our critical infrastructure and advanced cybersecurity capabilities establish a strong foundation necessary for our customers within the financial sector, showcasing our commitment to innovation."
Rehan Shaikh, the Chief Executive Officer of Standard Chartered Pakistan, highlighted the strategic importance of this alliance. He stated, "This partnership not only reinforces our technological infrastructure but also enhances our digital leadership. Leveraging Garaj’s advanced data center, we are committed to providing secure and accessible banking solutions that reflect our dedication to accelerating digital transition and promoting inclusive finance in Pakistan."
Garaj's Growing Portfolio and Achievements
Garaj has made a significant impact in the digital landscape, currently serving over 400 enterprise clients. It specializes in an array of IT and cloud-based solutions, including cybersecurity services and managed offerings. Notably, Garaj operates two strategic cloud availability zones to maintain data residency, ensuring that essential data stays within Pakistan. This year, Garaj achieved Premier Partner status with VMware, enhancing its reputation as a leading cloud solution provider with Microsoft, facilitating improved scalability and resilience for critical business infrastructures.
Jazz’s Expanding Enterprise Vertical
Jazz, which encompasses Garaj, is making strides in securing its position as a leading digital operator. Currently, it caters to 98 of the top 100 companies listed on the Pakistan Stock Exchange, reflecting its substantial market presence. Aligning with VEON’s strategy, Jazz plans to broaden its range of cloud and IT solutions, expanding its enterprise business footprint beyond the local market.
The Role of VEON in Digital Services
VEON is recognized as a transformative digital operator, delivering integrated connectivity and digital services to almost 160 million clients globally. Operating in various countries that represent a significant portion of the world’s population, VEON is dedicated to enhancing lives through technology-driven services that empower individuals and stimulate economic advancement. For any inquiries related to these services or the partnership, interested parties can reach out to VEON directly.
Frequently Asked Questions
What does the partnership between VEON and Standard Chartered Bank entail?
The partnership focuses on establishing a regional availability zone in Pakistan to enhance Standard Chartered Bank's digital banking operations and resilience.
What is Garaj’s role in this collaboration?
Garaj is responsible for providing advanced data center support, ensuring high availability, secure data management, and disaster recovery services.
How many enterprise clients does Garaj serve?
Garaj serves over 400 enterprise clients, delivering comprehensive IT and cloud-based solutions.
What achievements has Garaj reached recently?
Garaj has recently achieved Premier Partner status with VMware, solidifying its position as a major cloud solution provider.
How does VEON contribute to the digital banking landscape?
VEON delivers a wide range of digital connectivity and services, transforming lives through technology and supporting economic growth across multiple countries.
