Saigon-Hanoi Financial institution (SHB) introduced that it has chosen Temenos, a banking software program firm, to speed up its digital transformation.
SHB is likely one of the largest joint-stock industrial banks in Vietnam, serving greater than 5 million particular person and company prospects.
Adopting the digital banking capabilities on prime of Temenos open platform for composable banking will allow SHB to ship a constant, seamless expertise throughout a number of channels.
Following the State Financial institution of Vietnam’s plan for digital transformation, SHB has adopted go well with by specializing in constructing a digital company tradition and investing in IT programs.
The digital banking capabilities of Temenos open platform will allow SHB to ship extremely personalised and AI-supported person journeys.
Moreover, SHB mentioned that it’ll leverage Temenos’ open structure – with its mixture of APIs, microservices and Micro Apps – to create a real omnichannel expertise throughout all channels, together with web, cell, branches and ATMs.
Do Quang Vinh, Deputy Normal Director and Director of SHB Digital Banking Division mentioned,
“SHB goals to grow to be a number one digital financial institution in Vietnam within the subsequent 5 years. We’re assured that selecting Temenos, the world chief in banking software program, will allow us to finish the transformation challenge within the quickest and only means.
With a modernised and safe system, we can interact current prospects higher and appeal to new prospects by way of a digital banking expertise that meets their present and future monetary service wants.”
David Becker, Managing Director, Asia Pacific, Temenos mentioned,
“SHB is a visionary financial institution with a transparent digital transformation roadmap, and we’re proud to assist and associate with the financial institution on this journey. Temenos has practically 30 years of expertise in implementing core and front-office options for over 20 purchasers in Vietnam.
This deep experience along with the highly effective capabilities of our open platform will assist SHB speed up the digital transformation initiatives that may differentiate its service and understand its development ambitions.”