Maldives Monetary Authority Awarded Savvytek the Implementation

Of Oracle E-Business SuiteImplementation


As a result to the success accomplished in the region and especially in the financial sector, Savvytek was proudly awarded the implementation project of Oracle E-Business Suite at Maldives Monetary Authority on August 2012.

The key objective of this project is to support the Maldives Central Bank in improving their back office by implementing Oracle eBusiness Suite Applications and to maximize its return on the investment. The project addresses technology factors such as the application functionality and technical infrastructure, as well as non-technology factors such as underlying business processes, organizational factors and staff training. 

The award came as a reflection of Savvytek continuous success in the area of Oracle Technology and Application deployment in different sectors in Saudi and the Region, and as an affirmation of Maldives Central Bank confidence in Savvytek remarkable commitment and quality of service on different levels.


 About Maldives Monetary Authority:The Maldives Monetary Authority (MMA) was established on 1st July 1981, and is endowed with the regular powers and obligations of a central bank. To this effect, the MMA issues currency, regulates the availability of the Maldivian rufiyaa and promotes its stability, licenses, supervises and regulates institutions in the financial sector, formulates and implements monetary policy, and advises the Government on issues relating to the economy and financial system in order to foster an environment conducive to the orderly and balanced economic development of the Maldives.

About Savvytek: Savvytek is an international leading provider of IT solutions; Headquartered in Jordan, with offices in USA, Saudi Arabia and Qatar. Savvytek provides services to a wide base of customers worldwide, and is specialized in integrating best-of-breed products with top-quality technical expertise to fulfill customers’ business requirements. Savvytek is Oracle Platinum Partner and Approved Education Center Worldwide and Red Hat Premier Partner and Certified Training Partner in Jordan.

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