FPT IS transforms a Core Leasing system for Vietnam’s first financial leasing company
On the morning of April 9, FPT IS and Saigon Thuong Tin Bank Financial Leasing Company Limited (Sacombank-SBL) inked a deal to implement the Core Leasing project – FPT.FINEX. This milestone marks FPT IS’s inaugural financial leasing project deployment for a client, integrating various financial leasing operations.
Specifically, the project involves in migrating from the SmartBank system to the new FPT.FINEX system across 19 modules. In addition to delivering software solutions, FPT IS also provides comprehensive hardware infrastructure for Sacombank-SBL to ensure seamless and effective operations. This upgrade of the Core system is poised to enhance performance, safety and security across the company, serving as the foundation for Sacombank-SBL’s future development of online transaction channels with its customers.
On April 9th, FPT IS and Sacombank-SBL inked a deal to implement the Core Leasing project – FPT.FINEX.
Mr. Nguyen Van Thanh, Member of Sacombank’s Board of Supervisors, shared insights into the investment decision regarding the Core Leasing system at Sacombank-SBL: “Digital transformation is an inevitable step in business operations, especially in the banking sector. Sacombank-SBL is one of Vietnam’s leading financial leasing companies. Investing in new system development will unlock numerous opportunities and play a pivotal role in fostering Sacombank-SBL’s extensive development in the future. This project has long been cherished by Sacombank-SBL, and now, we have achieved it.”
Mr. Nguyen Van Thanh – Member of Sacombank’s Board of Supervisors shared insights into the investment decision regarding the Core Leasing system at Sacombank-SBL.
Presenting at the event, Mr. Luu Huynh – Chairman of SBL’s Board of Members stated, “With the ambition to become the leading financial leasing company in Vietnam with nationwide operations, the Board of Management recognizes operational system technology as the pivotal “weapon” to assist Sacombank-SBL in achieving its goals, in addition to human factors and operational costs. Changing the old system, and implementing and operating Core Leasing has been a long-term goal for the Company. Therefore, today’s event marks an important step in our development journey. The Board of Management and the entire project team are thrilled and delighted.”
Mr. Huynh also highlighted FPT IS as a leading company in the software solution development industry. With few suppliers in the market able to provide the Core system for the financial leasing sector, choosing FPT IS with its extensive experience in finance and software solution development will ensure optimal project quality.
Mr. Luu Huynh – Chairman of SBL’s Board of Members highlighted the selection of FPT IS with its extensive experience in finance sector to ensure optimal project quality.
Responding to Sacombank’s and Sacombank-SBL’s expectations, Mr. Dao Hong Giang – EVP & Director of Banking and Finance Sector at FPT IS, emphasized: “FPT IS is committed to realizing Sacombank-SBL’s ambitions. The Core Leasing System – FPT.FINEX is tailored for the financial industry, promising to meet the company’s practical needs. With the enhanced features of the Smartbank system, Core Leasing can meet operational requirements (employees), management requirements (middle level managers), and decision-making requirements (Board of Members). Additionally, the new system employs upgraded technology, enhancing performance and security, particularly with the ability to integrate with other systems.”
The collaboration with Sacombank-SBL reaffirms FPT IS’s vision and commitment to the Finance – Banking market in Vietnam, underscoring its determination to develop extensively and sustainably, while upholding its commitment to system quality and efficiency.
FPT IS aims to establish Core Leasing as a standard and sustainable model, maximizing convenience and satisfaction for Sacombank-SBL, and enhancing operational efficiency and competitiveness in the finance and banking sector.
