Press release
MENA Banks Achieve Uninterrupted Digital Transformation and Regulatory Mastery with JMR Infotech's Expanded Oracle Banking Managed Services
Sharjah - UAE, 17 Mar, 2025. Strategic Partnership Empowers Financial Institutions to Accelerate Innovation and Compliance in a Dynamic MarketIn a strategic move to empower financial institutions across the Middle East and North Africa (MENA), JMR Infotech, a global leader in Oracle banking solutions, announces the regional augmentation of its managed services footprint with a new five-year agreement. This partnership delivers more than just application support; it ensures banks achieve operational resilience and accelerate their digital transformation journeys, navigating the complexities of modern banking with confidence.
JMR Infotech's enhanced managed services provide a strategic advantage, enabling banks to transcend operational hurdles and focus on customer-centric innovation. By delivering ongoing support for a comprehensive suite of Oracle solutions, including FLEXCUBE Universal Banking Solution (FCUBS), Oracle Banking Digital Experience (OBDX), and Oracle Financial Services Analytical Applications (OFSAA) Financial Crime and Compliance, JMR Infotech ensures banks can maintain peak performance and achieve regulatory compliance seamlessly. This empowers financial institutions to not only meet but exceed the evolving expectations of their customers and regulators.
"In today's rapidly evolving banking landscape, financial institutions require partners who deliver not just technical support, but strategic vision and operational excellence," stated Jayafar Moidu, CEO of JMR Infotech. "Our expanded managed services are designed to be a catalyst for growth, enabling banks across the MENA region to leverage Oracle's powerful solutions, drive innovation, and confidently navigate regulatory complexities, ultimately transforming operational stability into a competitive advantage."
JMR Infotech delivers a seamless operational environment, optimizing Oracle FLEXCUBE Universal Banking Solution (FCUBS) v14.5, Oracle Banking Digital Experience (OBDX) v21.1, Oracle Financial Services Analytical Applications (OFSAA) for financial crime prevention, Oracle Analytics Server & Publisher, WebLogic Administration, and Database Management. This comprehensive support model extends to banking infrastructure optimization, ensuring peak performance and security. By leveraging an offshore-based support model, JMR Infotech delivers significant cost efficiencies, enabling banks to reinvest resources into strategic initiatives.
This strategic partnership is designed to transform operational stability into a catalyst for innovation. JMR Infotech's specialized expertise equips financial institutions to not only maintain high-performance banking systems but also proactively adapt to evolving regulatory landscapes, strengthening their digital banking capabilities and fostering trust.
JMR Infotech
P.O. Box 120894 Q3-219, Sharjah Airport International Free Zone, Sharjah, U.A.E
Tel: +971 655789 30
Media Contact:
Amit Kumar
amitkumar@jmrinfotech.com
JMR Infotech is a global leader in Oracle-based banking solutions, empowering financial institutions worldwide to modernize their systems, elevate customer experiences, and navigate complex regulatory environments. Leveraging deep industry expertise and a commitment to innovation, JMR Infotech delivers strategic solutions that drive tangible business results. For more information about JMR Infotech's transformative managed services, visit www.jmrinfotech.com.
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