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Gigabit December 2018

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AFRICA<br />

both internet and mobile banking.<br />

“Nowadays, everyone has a smartphone<br />

and most companies use<br />

corporate banking through the internet<br />

– so the issue of security is getting a lot<br />

more attention,” he adds. “We felt we<br />

needed more secure internet and mobile<br />

banking solutions than our competitors,<br />

so we came up with some security<br />

features no other banks have in Mauritius.”<br />

One such solution has been the use of<br />

biometrics – fingerprint recognition –<br />

to access mobile banking. This is a first<br />

for Mauritius, and for Ramphul this is<br />

a strong message to our customers<br />

that SBM values security.<br />

Ramphul also comments that to work<br />

for a bank which innovates it is imperative<br />

to ensure that an optimal level of<br />

security is in place. “When I joined SBM,<br />

I was pleasantly surprised to see that<br />

the level of cybersecurity, and even the<br />

level of general IT security, are incredibly<br />

strong. Everything is properly controlled<br />

and the right tools are in place.”<br />

The IT operating model of an organisation<br />

also plays a significant competitive<br />

role. “Most of our systems are<br />

managed by a system integrator,” says<br />

Ramphul. “Having said that, we do<br />

realise that we cannot rely solely on<br />

321<br />

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