AcSys Networks empowers LCB Finance with cutting-edge network security and infrastructure solutions

In a significant move towards enhancing network security, improving connectivity, and ensuring business continuity, AcSys Networks, a leading system integration company in Sri Lanka, has successfully implemented a comprehensive suite of solutions for LCB Finance PLC. 

This project aims to bolster the capabilities of LCBF, a prominent financial institution in Sri Lanka dedicated to providing accessible financial services, especially to Micro, Small, and Medium Enterprises (MSMEs).

LCBF has long been committed to supporting the economic growth of suburban and rural areas by focusing on the underserved MSME segment. The company’s core mission is to help MSMEs boost their income levels and create self-employment opportunities. LCBF envisions elevating small and micro-level enterprises to medium-scale by identifying, categorising MSMEs based on their resources, and offering them tailored credit facilities.

In order to support LCBF in its mission and fortify its IT infrastructure, AcSys Networks meticulously designed and executed a comprehensive suite of solutions that includes:

1.Network Security Enhancement: AcSys Networks deployed state-of-the-art network security solutions to fortify LCBF’s IT defences against cyber threats. With the rising importance of secure financial transactions and data protection, this enhancement is crucial in safeguarding the interests of LCBF’s customers and the institution itself.

2. SD-WAN Implementation: The adoption of Software-Defined Wide Area Networking (SD-WAN) has allowed LCBF to streamline its network management, improve connectivity, and reduce operational costs. This technology ensures seamless communication across multiple branches, enhancing customer experience and service delivery.

3. Endpoint Protection: Endpoint security is a critical component of LCBF’s IT strategy. AcSys Networks has implemented advanced endpoint protection solutions, safeguarding all devices connected to the network against malware, phishing attacks, and other cyber threats.

4. Server Backup and Disaster Recovery (DR) Solution: In today’s digital age, data is invaluable. AcSys Networks designed a robust backup and DR solution for LCBF to ensure the uninterrupted operation of critical systems and data recovery in case of unforeseen disasters. This not only safeguards customer data but also helps maintain business continuity.

LCBF’s commitment to MSMEs aligns perfectly with AcSys Networks’ mission to empower businesses through technology. By implementing these cutting-edge solutions, LCBF is better equipped to serve its MSME clients, who often rely on efficient and secure financial services to grow their enterprises.

LCB Finance PLC Head of IT Suranga Senevirathna expressed his satisfaction with the partnership, stating, “AcSys Networks’ exceptional expertise in network security, coupled with their proactive implementation of innovative solutions, has played a pivotal and transformative role in fortifying our institution’s IT infrastructure against a diverse array of cyber threats, ultimately safeguarding sensitive data and bolstering the invaluable trust of our customers.” 

LCB Finance PLC Assistant Manager – IT Ramila Bandara added, Through the strategic implementation of SD-WAN and the establishment of a robust backup and disaster recovery solution, AcSys Networks has not only greatly elevated our operational efficiency but also empowered us to serve our customers with heightened speed and unwavering reliability, a mission-critical feat in our endeavour to uplift and empower MSMEs.

The successful implementation of these solutions is a testament to the synergy between AcSys Networks and LCB Finance PLC. Both organisations share a vision of leveraging technology to drive economic growth and empower the underserved MSME sector. This collaboration not only ensures that LCBF remains at the forefront of financial services in Sri Lanka but also contributes significantly to the nation’s goal of fostering economic inclusivity.