Earlier this week RapidCompute, Pakistan’s largest local cloud service provider, announced the formal launch of its Cloud Services designed especially for the Banking Sector and Financial Institutions. The company has established dedicated datacenters for banking operations with the highest level of security and compliance checks, keeping in mind all legal and policy requirements by the State Bank of Pakistan and other entities in light of the recent policy. To make it a true Banking Cloud, they have also partnered with leading local and global providers of banking solutions and have setup locally hosted platforms that are ready for use by banks and FIs.
Over the years, RapidCompute has built strategic partnerships to create an environment with all related service setups for Banks and Financial Institutions that truly make it the first Banking Cloud in Pakistan. Some of the services currently available for banks on the RapidCompute cloud are Cloud based AML, AFL/FMS, payment switch and card management systems, SIEM and SOC, Threat Intel, DDoS and Threat mitigation, DR as a Service (DRaaS) and test beds and sandbox environments
All of these services and more make it very convenient for banks and FIs to quickly and efficiently take advantage of the cloud policy and start digitizing the banking landscape with a local reliable cloud service provider.