Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Sabah Credit Corporation signs up IBM

AvantiKumar | May 24, 2011
Sabah state-owned financial institution Sabah Credit Corporation signs up IBM for a five-year technical support and services contract.

SCC signing ceremony with IBM

PHOTO - Datuk Vincent Pung, CEO, Sabah Credit Corporation (on the left), and Ramanathan Sathiamutty, MD, IBM Malaysia signing the Five-Year Managed Technical Support Services deal, witnessed by YAB Datuk Seri Panglima Musa Haji Aman, Chief Minister of Sabah (in grey) in Kota Kinabalu, Sabah.

KUALA LUMPUR, 24 MAY 2011 - Sabah state-owned financial institution Sabah Credit Corporation (SCC) has selected IBM for a five-year term of technical support and services intended to result in cost savings and enhanced business sustainability.

The deal will enable SCC to align its information technology (IT) initiatives with business priorities, ensuring proper risk mitigation measures and substantial cost savings, said SCC chief executive officer, Datuk Vincent Pung, during the signing in Kota Kinabalu, which was witnessed by Chief Minister of Sabah, YAB Datuk Seri Panglima Musa Haji Aman,

Pung said that as a result of the project, IBM would provide Sabah Credit Corporation with an end-to-end, single point of contact for all of their IT support needs. "The scope of managed technical support services includes server and storage support services, data centre operations and support management, disaster recovery testing services as well as network and security support services."

"The business landscape is becoming increasingly competitive and volatile, implying the need for us to be nimble," he said. "We also encountered challenges handling multiple contracts, commitments, and service level agreements with different vendors. Because of our rapidly moving business and the importance of IT to our organisation, it is important for us to partner with a company like IBM which has unmatched technology and expertise."

"IBM's deep understanding of SCC's business, coupled with our proven capability in delivering robust and flexible IT infrastructure solutions will enable the financial institution to maintain focus on its customers, people and productivity," said IBM Malaysia managing director, Ramanathan Sathiamutty. "With our deep global expertise, IBM will help SCC in its transformation roadmap, providing the industry knowledge that will enable them to become a major player in the local and regional markets."

Established in 1995, Sabah Credit Corporation (SCC) complements the Sabah State Government's efforts by providing or facilitating financial credits to promote and encourage private investment involving agriculture, light industry, development of rural and urban housing, shophouses and public utilities and amenities.



Sign up for MIS Asia eNewsletters.