This strategic transformation demonstrates VPBank's commitment to digital innovation and operational efficiency, taking advantage of modern technology based on cloud to improve expansion, performance, and customer experience.
The project includes a conversion from VPBank's existing system to Temenos' latest core banking version, stored on Red Hat OpenShift. This upgrade includes moving more than 18 million customer accounts and millions of loan applications, serving more than 17 million customers.
This platform helps VPBank bring new products to the market faster, integrate more easily with external partners, and provide a richer digital experience through improved reliability and performance.
At VPBank, modernization is not a destination but a foundation for the next steps. This transformation demonstrates our commitment to becoming a pioneering bank in technology, able to develop rapidly, operate stably and serve customers with reliability and speed in the ever-changing digital world. Mr. Wong Kok Seng Augustine, Director of Information Technology, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) shared.
