Vietnam International Bank has announced the implementation of Temenos Core Banking Solution in collaboration with AWS and ITSS.
VIB is all set to implement the latest Core banking version R23 from Temenos on the AWS cloud and VIB’s private cloud platforms, marking it as the first bank to deploy the Temenos Core banking system on a cloud computing platform in Vietnam.
The project is a collaboration with ITSS, a technology solutions and IT services company from Switzerland. Officials from the bank shared the vision behind the adoption, stating that VIB seeks to always stand at the forefront of investing in technology initiatives, digitalisation, and building an advanced technology platform.
In this project, VIB will deploy the latest version of Temenos Core Banking on AWS cloud and VIB private cloud. The deployment intends to ensure compliance, safety, and continuous system operation, marking an important step towards the comprehensive restructuring and innovation of VIB’s digital platform, aligned with its 3 drivers – Mobile first, Cloud first, and AI first.