OCB pioneers in applying digital data Oracle Exadata Cloud at Customer

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On the morning of January 10, at OCB headquarters, a signing ceremony took place with FPT Group, launching the "Data analysis platform modernization project with Oracle ExaC@C Database 23ai", marking an important step in the bank's digital transformation journey.

Oracle's Oracle Exadata Cloud at Customer (ExaC@C) is currently the most advanced database platform solution in the world. With the advantage of being located right at the customer's data center, it helps shorten deployment time, use flexible resources, high performance, ensure information security and comply with strict standards of many organizations.

In addition, the Oracle 23ai database integrated in ExaC@C simplifies the process of using AI, quickly applies AI to data analysis as well as automates the process of managing and operating IT systems.

OCB decided to choose this solution to build a core platform to serve the bank's management and operations.

This solution not only helps modernize OCB's centralized data reporting and analysis system, but also supports data-driven business strategies, optimizing the ability to analyze, predict and make decisions quickly and effectively.

“With this project, OCB aims to centralize data into a single source for end-to-end data analysis, helping OCB better understand the market, customer needs, improve risk management capabilities and increase data-based competition. Currently, this is also the pioneering project in Vietnam to deploy the ExaC@C solution integrating the latest 23ai version of cloud database services. We believe that this cooperation will mark an important step in OCB's comprehensive digital transformation journey, towards building an optimal and in-depth data management and analysis platform, bringing major breakthroughs in the bank's operations and service quality", Mr. Pham Hong Hai - General Director of OCB said at the event.

Ong Pham Hong Hai – Tong Giam Doc OCB chia se tai buoi le ky ket
Mr. Pham Hong Hai - General Director of OCB shared at the signing ceremony

Representing the implementing partner, Mr. Nguyen Hoang Minh - General Director of FPT IS said: "With its technological strength in the data sector and its experience in understanding the digital transformation problem in the Finance - Banking industry, FPT is proud and honored to be trusted by OCB to join the key project ExaC@C to integrate the first 23ai version cloud database service in Vietnam. FPT is committed to providing comprehensive support for the project to achieve success beyond expectations, creating an important mark in the digital transformation journey of OCB and the finance - banking industry in Vietnam."

With the determination of OCB's leadership, FPT's practical implementation experience, combined with Oracle's advanced technology platform, the project promises to be a success. This is considered an important milestone in OCB's digital transformation journey towards building a comprehensive, in-depth data management and analysis platform, supported by AI, helping the bank increase its competitive advantage based on data and bring the best experiences to customers.

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