Oracle has announced that First Abu Dhabi Bank (FAB) is implementing Oracle Fusion Cloud Human Capital Management (HCM) to consolidate the bank’s human resources (HR) function on the cloud as part of a major digitalization program. With Oracle Cloud HCM, FAB will be able to unify, plan, manage, and optimize global people processes with one common data source to make better decisions and deliver a highly personalized employee experience.
By adopting cutting-edge digital technologies like Oracle Cloud HCM, FAB is positioning itself as a future-ready financial institution in an AI-driven economy. The platform will enable the bank’s employees to leverage advanced digital tools, fostering a culture of continuous innovation and development.
The implementation will also introduce features such as AI-powered insights, digital assistants, and regular updates to enhance HR operations. Oracle Cloud HCM will streamline processes across the entire employee lifecycle, including recruitment, workforce management, and payroll processing, improving decision-making and reducing operational costs.
Leopoldo Boado Lama, Senior Vice President of Business Applications, ECEMEA at Oracle, said:
“Digital-native talent equipped with AI-powered tools is a key differentiator for businesses in the financial sector. Oracle Cloud HCM will enable FAB to adapt swiftly to evolving employee and business needs. With a single, cloud-native platform connecting every HR process, FAB’s HR teams gain a unified source of truth to refine their people strategy and improve decision-making.”
The integration of Oracle Payroll, part of the Oracle Cloud HCM suite, ensures FAB benefits from a fully unified and configurable solution for compliant and efficient payroll management, reinforcing its commitment to operational excellence.
This partnership underscores FAB’s commitment to embracing advanced technologies to remain at the forefront of the financial sector while prioritizing employee engagement and innovation.