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Sacombank Upgrades Its Banking System With Temenos and IBM

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Sacombank Upgrades Its Banking System With Temenos and IBM

Vietnam’s Sacombank has upgraded the infrastructure behind its retail and small business banking services.

The bank moved to the latest version of the Temenos Core Banking platform, shifting from an on-premises deployment to a hybrid cloud environment running on Red Hat OpenShift and IBM Power infrastructure.

The system serves millions of customers and processes 13 million transactions daily.

Temenos reported that the upgrade improved application performance by 200%, made deployment cycles three times faster and reduced Sacombank’s server footprint by 50%.

“The upgrade of our Temenos Core Banking platform is an important milestone in SACOMBANK’s digital transformation journey.

With a scalable, high-performing and flexible foundation, we can accelerate innovation, deliver new services faster and continue providing secure, seamless banking experiences for our customers.”

“As the trusted modernisation partner for banks across APAC, Temenos is proud to support SACOMBANK’s move to hybrid cloud and selection of Temenos Payments Hub, strengthening its foundation for innovation and growth.”

The bank selected Temenos Payments Hub to support cross-border payments as part of the same modernisation programme.

IBM noted that combining IBM Power with Red Hat OpenShift gives the bank a more scalable and resilient environment while maintaining the reliability of its services.

Featured image: Edited by Fintech News Singapore, based on image by Dimas Ripa via Magnific

The post Sacombank Upgrades Its Banking System With Temenos and IBM appeared first on Fintech Singapore.



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