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HomeBankingVietnam International Bank taps AWS and Temenos for cloud core banking upgrade

Vietnam International Bank taps AWS and Temenos for cloud core banking upgrade

Date:

  • Vietnam International Bank (VIB) has partnered with Amazon Web Services (AWS) and ITSS to implement the latest Temenos core banking version, R23.
  • VIB becomes the first bank in Vietnam to adopt the Temenos core banking system on a cloud computing platform.
  • The move is part of VIB’s efforts to transform its banking operations to meet increasing customer demand for digital experiences and evolving technology.
  • The core banking modernization project with Temenos, AWS, and ITSS aims to create a strong foundation for serving customers in the digital era.
  • AWS’ technology platform is expected to enhance security, streamline operations, reduce tech infrastructure costs, and minimize downtime during peak traffic for VIB.
  • This initiative aligns with the broader trend of Asian enterprises leveraging AWS and Temenos solutions to revamp their IT infrastructures and stay competitive in the evolving banking landscape.

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