Kalaam Telecom, the 2nd largest ISP for businesses in Bahrain announced its partnership with AEG Group – One of the largest Worldwide SWIFT service Bureau in terms of the number of banks that connected with its data centers.
Through the business partnership, Kalaam Telecom is committed to provide financial institutes and companies with end-to-end connectivity solutions to the SWIFT global network through secured and certified channels.
The integration between the telecom and Information Technology is vital in providing effective solutions for financial institutions and companies in the Kingdom of Bahrain, for compliance with up to date security standards framed by comprehensive support mechanism.
The partnership brings across in-depth experience and expertise in SWIFT systems and business solutions to financial organizations in the Kingdom of Bahrain, extending a whole array of SWIFTNet infrastructure services including Installation, migration, consultancy, training, integration with other systems.
In addition, a complete range of exclusive AEG solutions and services, complementing SWIFT offerings to cover major industry-business needs, would also be available for the organizations, including Security Solutions, OFAC and AML Solutions, Reconciliation, Reporting, High Availability, Data Replication applications, Fault Tolerance Solutions, Disaster Recovery solutions, Corporate Payment Solutions as well as Integration products and Secure File Transfer.
Speaking on the occasion, Veer Passi, CEO, Kalaam Telecom noted, “SWIFT is the backbone of global financial communication, putting the organizations across global community of financial institutions and corporations. As a SWIFT user, the organizations could connect to a network which is unparalleled in security, reliability and resiliency. Kalaam Telecom is committed to serve the Kingdom’s business organizations with best and most advanced services, ensuring world class standards in business operations and management.”
Having one of the biggest SWIFT Service Bureau (SB) worldwide in terms of the number of banks connected with it, AEG has an excellent market share and coverage for its services and products in more than 65 country around the world by providing a secure advanced infrastructure to connect with SWIFTNet.
“Security, reliability and studied operational cost are key factors that would lead financial institutes to adopt a connectivity method to SWIFT network. Our strategic partnership with Kalaam aims to provide end-to-end cost-effective solutions to ensure reachability to SWIFT network via AEG’s certified datacenters that are up to SWIFT standards from all aspects. We expect this partnership to secure a strategic role and operations expansion in the Kingdom of Bahrain and other countries” said Mohamed Sanad, Head of AEG, Bahrain.
To deliver the best services, AEG has created pivotal partnerships with highly reputable international solution providers in the financial and IT industry strategic partners including SWIFT, IBM, Cisco, Kaspersky, Sonema, Fircosoft, Bottomline Technologies, Stratus Technologies, CA Arcserve, SafeNet, Citrix, and 2X among others.
AEG has achieved over 1,000 successful implementations for nearly 800 Clients in 65 countries in the Middle East, GCC, Africa and Europe. AEG currently has more than 450 active members subscribed to its Service Bureau and 800 Clients in total under Support contract.