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Bank Islam appoints TM ONE to lead Digital Transformation

Bank Islam appoints TM ONE to lead Digital Transformation

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TM ONE’s digital solutions and services will realise Bank Islam’s transformational strategy.

Bank Islam has appointed TM ONE to lead its Digital Transformation strategy.

The collaboration is aimed at exploring TM ONE’s role in becoming the primary digital solutions provider to Bank Islam for digital infrastructures such as data centre and Cloud α (Alpha) services, as well as big data analytics and cybersecurity solutions.

Mohd Muazzam Mohamed, CEO of Bank Islam, said: “As Bank Islam is embarking on a new endeavour by becoming Malaysia’s first public listed Islamic bank, we are taking steps in pursuing the latest technological advancements in facilitating the affairs of the institution with our stakeholders.

“The partnership with Malaysia’s leading integrated telecommunication company such as TM will complement the bank’s effort to constantly improve our functions and the services we provide to the customers, thus further fulfilling the market’s expectations. This effort will then catalyse the growth of the bank and the Islamic banking industry as a whole.”

Taufek Omar, Executive Vice President and CEO of TM ONE, said: With this agreement in place, we can provide Bank Islam with the latest and secured digital solutions and infrastructure to support its transformation journey. Solutions such as cloud, cybersecurity and big data analytics will drive Bank Islam’s process optimisation, enabling omni-channel and data monetisation agendas, leading to cost optimisation and productivity uplift.”

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