BFSI

Unlocking technological potential, digitalizing the BFSI sector, providing the key to growth, and enhancing experience

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Seizing opportunities to leap forward with digitalization and adoption of technologies in the BFSI sector

The pace of digital transformation and adoption of technologies in the BFSI sector, especially in Banking – Finance, has been increasingly driven by the impact of Covid-19 and the fluctuations of the economy. Digital transformation offers many outstanding benefits, especially customer experience enhancement as well as optimization of costs, time, and resources for businesses, creating opportunities to leap forward in the context of fierce competition.

However, adopting technologies or digital transformation in the BFSI sector has been facing multiple challenges, from assessment, development of a digital transformation roadmap, selection of technologies and platforms to deployment, operation, as well as risk minimization during the transformation and operation of the new system. Accompanying Vietnamese financial and banking organizations over the past 25 years from the very beginning, FPT IS has been constantly developing specialized solutions for the BFSI sector, applying the latest technologies with a team of highly competent experts, affirming its position as a trusted partner to accelerate digital transformation.

Digital transformation in the BFSI sector focuses on enhancing experience

FPT IS has been constantly developing specialized solutions for the BFSI sector, applying the latest technologies with a team of highly competent experts, affirming its position as a trusted partner to accelerate digital transformation.

Benefits

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Data optimization - discovery

The digital platform that collects and manages big data from different channels and touch points, allowing organizations to exploit, use for sales/marketing and product development activities, and build effective AI/ML models to deliver outstanding results.

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Safety and security enhancement

Enhancing security and ensuring the integrity of important information using up-to-date technologies in identification, biometrics, end-to-end encryption, and cyber security solutions.

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Customer experience enhancement

Digital transformation allows BFSI organizations to provide personalized services, execute transactions anytime, anywhere in a quick, convenient, and secure way, while increasing interaction with the customers.

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Performance enhancement and cost optimization

Technologies help automate processes, digitalize data to optimize operations, reduce waiting time, minimize errors, and optimize costs and resources.

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Flexibility and shortened time-to-market

Digital platforms help accelerate the process of developing and delivering new products/services to market, keeping up with market trends and maintaining competitive advantages.

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Comprehensive suite of solutions

FPT IS provides comprehensive solutions from digital transformation consulting, implementation of core systems (banking, security, e-wallets), to specialized solutions for mobile banking, insurtech, as well as business solutions such as LC, Dept, teller,…

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Extensive experience in implementation

Extensive experience in implementation working with hundreds of customers including the largest banks, financial institutions, securities, and insurance organizations in Vietnam

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Top consulting services

Why FPT IS?

  • Trusted solutions

    Applicable to most sectors, trusted and used by leading corporations/businesses in Vietnam.

  • Efficiency enhancement

    Applying a centralized management system with online operational processes, providing transparent information between employees and managers to create cohesion inside the business.

  • Multi-platform operation

    Multi-platform operation capabilities (web, mobile devices), enhancing user experience and employee satisfaction.

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  • Time saving

    Saving time and minimizing errors in attendance management; calculation of salary, taxes, insurance; and reporting.

  • Process digitalization

    Digitalizing more than 95% of HR management processes.

  • Flexible integration

    Flexible integration with global systems, internal management software, as well as tax and insurance systems of state agencies in Vietnam.

BFSI solutions

Digital Core Banking solution

  • Retail Banking solutions: User Registration, My Account, Funds transfer, Payment, Cards, Loan apply, Support, Profile setting, Security, Personalization, Cheque, Promotion, Customer service, Account opening
  • Wholesale banking solutions:  Corporate administrative, My Account, Trade finance, Funds transfer, Payment, Treasury / Forex, Loan apply, Customer service, Support, Profile setting, Security, Personalization, Cheque, Promotion, Cash management, Contact us
  • Major modules: CIF/CRM; Limit; Tax, Charges, Interest rates; Deposit; Fund transfer (FT); Collection, Payment, e-Commerce; Loan; Collateral; Foreign currency trading; Tax material; Trade finance (TF), Accounting/GL;  Report
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FPT L/C Blockchain Platform solution

Blockchain-based decentralized FPT L/C model.

Nodes using the FPT L/C blockchain network mainly include:

  • Full Node: banks participating in infrastructure investment to become nodes of the FPT L/C blockchain network;
  • FPT Node: operated by FPT, providing SaaS services to participating banks.

Full Node and FPT Node are connected to each other via the blockchain network.

Banks will choose to connect and use FPT L/C platform services via Full Node or FPT Node.

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FPT L/C Blockchain Platform solution

  • CIF management
  • GL Accounting
  • Fund transfer
  • ADMIN user management
  • BATCH fund management
  • PIV payment invoice
  • CASA deposit
  • Printing management ACAP
  • Term deposit (TD)
  • CASH transactions
  • CARD management
  • Other features

State Bank Report System (SBRS)

  • Complete support for reporting in accordance with regulations
  • Support for importing & exporting reports in a variety of formats
  • Security measures: 2-layer security, Login session validation, AD integration, LDAP, SS support
  • Administrator and user features
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Payment Center solution

  • Core banking integration experience
  • Integration protocol support
  • Security measures: Compliance with OWASP guidelines, Prevention of SQL/XSS injections, Password storage using one-way hash algorithm, Integration to LDAP
  • Performance: capable of handling 100K transactions/day, 20 TPS/thread, 200 concurrent users
  • Message processed
  • Hot function: VIP account management, Nickname management, Dashboard – Transactions summary from all sides

Credit Information Management solution – FPT.iCredit

  • Compliant with CIC requirements and banks’ actual needs
  • Connected with many other credit information sources (CIC, PCB, TS,…)
  • Submission of credit information report to the CIC
  • Centralized data management, forming a data warehouse
  • Credit information portal for banking activities
  • Data services for other systems: LOS, ACL, CRM, CORE
  • Minimized waste and maximized use of information

OMICMS card information issuance and management system

 

D-Collection debt management system

Core Treasury Solution

Allows financial institutions to manage capital business activities in an easy, quick, convenient, and highly reliable way.

Major modules:

  • Partnership
  • Loan
  • Collateral
  • Deposit
  • Agreed interest rate
  • Foreign currency trading
  • Bond issuance
  • Securities trading
  • Output contract
  • Debt classification/provisioning
  • Capital management
  • Limit
  • Tax, charges, interest rates, commission
  • GL accounting
  • Report
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Core Wallet Solution

The MFS system is a core wallet system, helping financial organizations manage business activities in an easy, quick, convenient way and with high reliability.

Major modules:

  • CIF/CRM
  • Limit
  • Tax, charges, interest rate
  • Deposit
  • Fund transfer
  • Collection, payment, e-Commerce
  • Wallet management
  • Loan
  • Collateral
  • GL accounting
  • Report

Core Treasury Solution

Allows financial institutions to manage capital business activities in an easy, quick, convenient, and highly reliable way.

Major modules:

  • Partnership
  • Loan
  • Collateral
  • Deposit
  • Agreed interest rate
  • Foreign currency trading
  • Bond issuance
  • Securities trading
  • Output contract
  • Debt classification/provisioning
  • Capital management
  • Limit
  • Tax, charges, interest rates, commission
  • GL accounting
  • Report

InsurEZ insurance distribution platform

Acting as a center for the entire insurance process, InsurEZ connects insurance companies and distribution partners to design and distribute personalized insurance products to customers.

  • Electronic & mobile device insurance
  • Extended warranty insurance
  • Travel Insurance
  • Trip/event cancellation insurance
  • Customer experience insurance
  • Critical illness insurance
  • Health insurance, hospital allowance
  • Custom designed products

DInsurance platform to connect and support  appraisal and payment of health insurance

Digitalizes medical records and health insurance claims. The main purpose of the project is to build databases and software dedicated to the inspection work of insurance companies.

  • Data reception portal
  • Document appraisal portal
  • Appraisal and insurance payment
  • Data warehouse

Our experts

A team of highly competent experts with
many years of experience in the field of BFSI solutions

Mr. Pham Tuan
Mr. Tran Duc Tri Quang
Ông Trần Nguyên Vũ
Mr. Truong Gia Binh
Ms. Mai Phuong Thao

The adoption of sustainable practices not only brings about enduring advantages for large enterprise businesses but also presents opportunities for revenue expansion and market share growth by addressing green challenges within the supply chain. Furthermore, it enables cost savings through the utilization of green bonds, facilitates access to additional capital through green finance initiatives, and fosters the creation of innovative business models such as carbon offset credits.

- Mr. Pham Tuan

VertZero Product Owner, FPT IS

Technology and data will play a pivotal role in the business green transformation journey, simultaneously enabling businesses to access green capital from financial institutions

- Mr. Tran Duc Tri Quang

Chief Data Officer, FPT IS

Các dự án khó của Bộ Tài chính nếu ở Việt Nam không có FPT IS thì không biết sẽ giao cho đơn vị nào thực hiện.

- Ông Trần Nguyên Vũ

Bộ Tài chính

Hope School is a school of love. That is the love of teachers; the love of brothers, sisters, and students at school – people who are in the same situation as you; of the people in the Hope Fund, the people in the FPT family and even the kind hearts in the community

- Mr. Truong Gia Binh

Charmain, FPT Corp

“FPT IS brings a “home” atmosphere to me. This is where I can be myself and discover my hidden abilities.”

- Ms. Mai Phuong Thao

Brand Executive

Hoang Quan Group
Kent
Daisan
Dien tu 4P
Landco

Success stories

With an ecosystem of more than 300 digital solutions, we are confident to accompany customers in all sectors, providing comprehensive services from consulting to implementation to completely handle business issues

Highlights - News

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Be our partners

With nearly 30 years of operation, FPT IS is proud to have been accompanying more than 800 customers and implementing more than 3,000 digital projects.

    BFSI - FPT Information System