alrajhi Bank and Ejada Systems Sign MoU to Enhance Data Center Readiness and Support Digital Transformation Initiatives

alrajhi bank and Ejada Systems announced the signing of a Memorandum of Understanding (MoU) in a strategic step aimed at strengthening cooperation in advanced technologies, building digital capabilities, and supporting the Bank’s projects related to the development of new data centers currently underway in Riyadh and Qassim. The partnership is set to enhance the Bank’s technical readiness and support its ongoing digital transformation journey.

 

The MoU seeks to contribute to the design, construction, and operation of the new data centers, as well as their integration with the Bank’s existing data center. This collaboration will help strengthen business continuity, enhance operational resilience, improve overall technical readiness, and ensure the highest levels of efficiency and flexibility. It will also provide an integrated infrastructure capable of keeping pace with the rapid growth of banking operations and technological innovation.

 

The partnership further aims to develop an advanced technology infrastructure that supports alrajhi bank’s initiatives in artificial intelligence and emerging technologies. This will be achieved through the design and implementation of highly efficient, scalable technology platforms and solutions, in addition to specialized training and development programs that enhance the readiness of technical teams and enable them to leverage the latest technologies.

 

Within this framework, Ejada Systems will provide advanced and hybrid cloud services to support the bank’s plans, ensuring a secure, reliable, scalable, and high-performance digital infrastructure. These services will contribute to accelerating application modernization, strengthening disaster recovery capabilities, and improving performance across private and public cloud environments. The hybrid model is expected to deliver greater operational flexibility and higher cost efficiency, while ensuring full compliance with regulatory requirements and standards applicable to the financial sector.

 

The areas of cooperation also include enhancing operational resilience within the technology environment through reliable business continuity solutions, improving system readiness and performance, and providing technical and advisory expertise to accelerate the adoption of platforms and systems related to artificial intelligence and automation technologies.

 

This MoU is aligned with Alrajhi bank’s "Harmonizing the Group", which aims to build a unified financial and technology ecosystem that connects the Bank’s various channels, products, and services, delivering a seamless and efficient customer experience. The strategy is underpinned by the integration of modern digital infrastructure, intelligent platforms, and advanced analytics solutions, ensuring the delivery of faster, safer, and more secure banking services across all customer touchpoints.

 

The agreement reflects alrajhi bank’s commitment to strengthening its technical readiness and operating state-of-the-art data centers in line with global best practices and standards. It supports the development of the Bank’s capabilities in artificial intelligence, cybersecurity, and the operation of critical systems and processes, reinforcing its leading role in enabling digital transformation within the Kingdom’s financial sector. The MoU also underscores Ejada Systems’ commitment as a national partner in driving digital transformation and continuing its contribution to the delivery of major technology projects and the enhancement of digital infrastructure across vital sectors, in line with the objectives of Saudi Vision 2030.