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Publication Date: 2025-12-10 12:59:00
Nutanix, a leader in hybrid multicloud computing, has announced that Tsedey Bank has selected the Nutanix Cloud Platform to modernise its banking infrastructure as part of its transformation from a microfinance institution into a fully licensed commercial bank.
After 25 years operating as the Amhara Credit and Savings Institute (ACSI), one of Ethiopia’s largest microfinance institutions, Tsedey Bank’s elevation to commercial banking status in 2022 marked a pivotal shift for the country’s financial sector. Free from legacy systems, the bank had a unique opportunity to design a modern digital banking foundation capable of delivering simplicity, scale and financial inclusion to millions of Ethiopians across both rural and urban regions.
A key advantage in this process was the involvement of Ethiopia’s Information Network and Security Agency (INSA), which provided consulting support, Request for Proposal (RFP) preparation and compliance guidance to ensure security and regulatory standards were embedded from the outset. Working alongside local implementation partner Deliver ICT, Tsedey Bank deployed a next-generation private cloud environment integrating compute, storage and networking within a single software-defined platform.
“Looking at global trends, we saw that infrastructure was moving to hyperconvergence and software-defined networking and Nutanix stood out as a leader in…
