|eT3 successfully complete s the first phase of Banque Misr’s most critical automation project in the current century ; “On-line Inter-branch Transaction”.|
Banque Misr was the leader bank in Egypt in applying Information Technology for all bank activities. The bank automation, started in 1978 with Core Banking and Branch Automation for Cairo and Alex branches, connected by private leased network, followed by ATM network all over Egypt (1982 -1990), Upcountry (1989) and Islamic (1992) branches, Card Center automation (1990), Phone Banking (1992), Internet Banking (1998)… etc . This resulted in many heterogeneous non-integrated systems forming islands of information, causing the following constraints:
To overcome these constraints, the objective was to connect all branch applications in 440 branches distributed allover Egypt thus availing on-line inter-branch transaction service to all Banque Misr customers and providing consolidated data of all branches. The required solution should be:
The challenge was to achieve the above objective, while protecting the bank investment by keeping the current applications, and completing the project in 3 months (before end Sept. 2003). The middle-ware technology chosen was Oracle 9i Hub & Spoke, which achieved all above objectives while providing standard in adding new integrated service.
eT3 Role in the Project