NEWS
SEACOM launches SD-WAN services in Kenya
Pan-African ICT service provider SEACOM is expanding to bring its software-defined wide area networking ( SD-WAN ) services to Kenyan businesses , offering reduced connectivity costs , increased security , agility and local support to customers .
The launch is part of SEACOM ’ s plan to enable Digital Transformation for enterprises in the East African country . The addition of managed SD-WAN to SEACOM ’ s services is great news for Kenyan businesses . With the increased global adoption of cloud applications , mobile workforces and voice and video communications becoming the new norm , traditional networks have been placed under significant pressure to meet increasing demands .
SD-WAN allows businesses to transform their business networks into smart , intelligent and cloud-ready networks . It simplifies the management and operation of an enterprise ’ s networks by using centralised software to control the connections and services between data centres , computers and cloud-based servers .
Tonny Tugee , Managing Director , SEACOM East and North East Africa , said : “ If you want to create more resilient branch networking operations , dynamically adjust to changing conditions and empower business transformation and business continuity , SD- WAN can help .”
For businesses digitising their operations , network security is another growing concern . Cyberattacks are becoming more widespread and advanced , but upgrading hardware-based firewalls across various branches can easily become unmanageable and costly .
Mauritius Commercial Bank to adopt MITECH ’ s TRAC system
The Mauritius Commercial Bank Ltd
( MCB ), has announced it is adopting MITECH ’ s system trade risk active control ( TRAC ) to support a continuous and significant growth in its commodity trade finance ( CTF ) business . TRAC is a trade risk and collateral management system
supporting structured trade commodity finance . The TRAC solution handles not only transactional commodity finance but borrowing base structures as well .
The TRAC software will be implemented on a Cloud infrastructure , with the aim of going-live with the system before the end of the year .
Michael Cohen Dumani , CEO , MITECH , said : “ This contract is a major milestone for MITECH as we are expanding our geographical footprint to support Africa ’ s intense trade finance growth as well as implementing TRAC seamlessly on a cloud setup . MITECH is proud to welcome yet another prestigious reference in its community of users .”
Rajeshwar Pertab , Head , Middle Office , MCB , added : “ We are delighted to be partnering with MITECH and further bolster risk and collateral management within our commodity trade finance business . MITECH ’ s expertise and TRAC ’ s extensive functionalities convinced us to adopt the solution and streamline information flow between our customers , front office and middle office teams .”
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