Al Ansari Exchange adopts Etisalat’s ‘IP Connect’ service across its 100 branches in the UAE

Press release
Published March 8th, 2011 - 07:15 GMT

Al Ansari Exchange
Al Ansari Exchange

Al Ansari Exchange, the UAE’s largest network exchange house that provides worldwide remittance and foreign exchange services, has revealed that all its 100 branches across the UAE are now connected via Etisalat’s ‘IP Connect’ service. By utilizing Multiprotocol Label Switching (MPLS) technology over IP - VPN’s, this service offers comprehensive management features for all connections and routers at the company’s branches across the country. Further, Etisalat ‘IP Connect’ provides the company with highly reliable speeds over an enhanced infrastructure that offers anticipatory solution for technical problems prior to their occurrence, which helps boost the performance of devices whilst minimizing total cost. 

Etisalat’s ‘IP Connect’ provides diverse key features that meet the requirements of the company’s expansion activities nationwide such as reducing transaction execution time, providing swifter data transfer between branch offices and Central Operation Department, in addition to providing high quality and exceptional security solutions that would further performance and productivity. The solution helps in lowering operational costs thereby allowing employees to focus on their core tasks and reinforces the leading position of Al Ansari Exchange in implementing the latest communication and management information technologies. 

Rashed Ali Al Ansari, General Manager, Al Ansari Exchange said, “In light of our constant expansion across the country, we are required to enhance our infrastructure by implementing the latest information and communication technologies, thus boosting the efficiency and effectiveness of the performance of our interaction with banks and correspondents through high-speed IP networks. This is in perfect alignment with our constant keenness on enhancing the certified financial services we provide our clients with. We are certain that implementing the latest technological solutions will further our ability to provide the best money exchange and transfer services, in a manner that reinforces the overall performance and productivity of our company”. 

Abdulla Hashim, Senior Vice President, Business Solutions at Etisalat, said: “Etisalat’s IP Connect service offers a unique combination of swiftness, scalability, reach and reliability to businesses. With speeds of up to 10 GB, IP Connect plays a pivotal role in enabling strategic business growth through its rich technology. We believe that through IP Connect, Al Ansari Exchange would be able to accelerate its growth rate through leveraging the benefits of virtual networks, which would provide added value for the company such as increasing branch productivity, enhancing operational efficiency, and connectivity with the central operation management”.

Background Information

Al Ansari Exchange

Al Ansari Exchange is a leading provider of worldwide remittance and foreign exchange services, and was one of the first exchange companies to be accredited to ISO 9001:2008 quality certification in the year 2009. As a testament to the exemplary quality of the services it provides, the company was recently awarded a trophy as one of UAE's strongest brands during the Superbrands Tribute Event held in Dubai lately. 

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etisalat has deployed many innovative technologies and services to remain at the leading edge of customer experience.
etisalat’s senior leaders understands the need to continue its investments in building the networks of the future because the positive effects filter down to the rest of the economy. Today, the UAE boasts of an excellent telecoms ecosystem, capable of driving successes across industries and sectors.

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