Eurobank EFG deploys Cisco's SONA and branch optimization solution
4th July 2008
Cisco has announced that Eurobank EFG in Serbia has implemented its service-oriented network architecture and branch optimization solution to create a network that serves as the platform for rapid growth.
The architectural approach gives Eurobank EFG a foundation for employee collaboration, new services to customers and tight cost control.
According to Cisco, its service-oriented network architecture (SONA) enables network-based services such as security, mobility and identity to be connected with specific banking applications.
Efi Persvia, the head of information technology for Eurobank EFG, said: "Following the acquisition of the National Savings Bank, using a standardized configuration based on Cisco equipment, we were able to bring 70 branches 'online' in just 10 working days. What is more, centralizing services over a converged network has reduced our carbon footprint compared to the extra equipment and cabling that would have been required to support separate voice and data networks."