FinTech Magazine - May 2021 | Page 90

BANQUE SAUDI FRANSI
EMcREY : MORE THAN A MATCH FOR BSF
From all of BSF ’ s hardworking and valuable partners , Cunningham singles out tech solutions expert eMcREY as being particularly important to the company ’ s ongoing digital transformation .
Calling it a “ fabulous partner ,” he endorses eMcREY as being the epitome of expertise in its field : “ There ' s no payment company anywhere on the face of the planet that understands Saudi Arabia better than eMcREY .
“ It powers all of our payments infrastructure and is even taking care of BSF ’ s new digital ventures ’ processing . eMcREY behaves like a startup , possesses the venture spirit for which we were looking , and it ’ s also helped stop the bank from making the mistakes that others have made . It ' s been great to have eMcREY on board .”

DID YOU KNOW ...

The primary challenge for BSF as it develops further digital capabilities , Cunningham continues , is one experienced everywhere : a shortage of experienced talent . Despite the scarcity being magnified in Saudi Arabia , he insists that the bank has overcome this in two ways : 1 ) Importing the world ’ s brightest and best and winning them over with BSF ’ s culture ; and 2 ) Launching its own digital engineering apprenticeship . No longer seeing the utility of maintaining large data centres , BSF favours migrating its infrastructure to the cloud and adopting software as a service ( SaaS ) platforms . However , Cunningham states there is still an element of waiting for big tech and global cloud players to arrive in Saudi Arabia , allowing it to catch up with BSF ’ s ambition , “ cloud options within the Kingdom are
90 May 2021