Navigating the Future of Core Banking and Finance Services In today’s rapidly evolving banking financial landscape, institutions are facing unprecedented challenges. Traditional banking models are under pressure to modernize, driven by shifting customer expectations, regulatory demands, and the relentless pace of technological advancement. Banking and financial institutions must not only maintain operational efficiency but also innovate to remain competitive in an increasingly digital world. Volar Suite is a comprehensive solution specifically designed to address these challenges head-on. It offers a robust platform that seamlessly integrates with existing systems, providing the agility needed to navigate the complexities of modern banking and finance. Whether the goal is optimizing operations, enhancing customer experiences, or ensuring compliance with ever-changing regulations, Volar Suite serves as a strategic partner in transformation. The name ‘Volar,’ derived from Latin, meaning ‘the palm of the hand,’ perfectly symbolizes the core of FPT IS’s powerful offerings in banking and finance. Download brochure Products & Solutions Volar COBA A dynamic, flexible core banking system that adapts to evolving needs Volar TRE Streamline treasury operations with precision and ease Volar IPC Harness the intelligence of payment center for seamless transactions Volar FINEX A cutting-edge financial core system engineered for high performance Volar WALLET Empower digital transactions with secure, scalable e-wallet solution Benefits Adaptable to Market Shifts Volar Suite enables institutions to swiftly respond to market dynamics and regulatory changes, ensuring operations remain resilient and compliant. Seamless Digital Integration Designed with interoperability in mind, Volar Suite integrates effortlessly with legacy systems, minimizing disruption and accelerating digital transformation. Customer-Centric Innovation Empower institutions to deliver personalized, efficient, and secure services that meet the rising expectations of today’s customers. Operational Excellence Through advanced automation and process optimization, Volar Suite helps reduce costs, minimize errors, and enhance overall operational efficiency. Scalable Growth Whether serving banks, established financial institutions or growing fintech, Volar Suite’s modular architecture supports scalable expansion, allowing for evolution as the business grows. Our Customers
Our Solutions Volar COBA Volar TRE Volar IPC Volar FINEX Volar WALLET Volar COBA, which is pioneering the digital transformation in the banking industry, and it is the beating heart of innovation. This is a flexible, quickly adaptable core banking system designed to handle all banking operations while also complying with legal laws. Key Features Superior Transformation Experience Volar COBA provides an amazing experience that is well suited to the changing needs of banks. As an innovative and dependable core banking system, it can be deployed on both on-premises and cloud platforms, providing great scalability and cutting-edge technology. Flexible and Efficient Features Volar COBA has a high level of flexibility and parameterization, which allows for quick, safe implementation and seamless operation. These features allow banks to save time and money while improving performance and security. Key Benefits Customization Capability In a competitive and changing market, adaptability is essential. Volar COBA’s distinguishing feature is its product development and customization tools, which allows banks to quickly construct personalized products and gain a competitive advantage. Faster Time to Market Volar COBA offers complete real-time client data and risk analytics. This allows banks to respond quickly to market movements. Cost Optimization and Financial Performance Volar COBA is a highly scalable solution with a modern microservice design that reduces expenses while increasing efficiency. Flexibility Capability Manage limits for various entities. Define dynamic interest rates/fees using multiple formulas. Flexible accounting standards. Diverse product portfolios through parameter settings. BPM integration for customizable workflows. Easy integration with other systems. Improved internal processes The core banking system streamlines internal procedures, reducing transaction processing time and increasing productivity. Data Integration Data from numerous sources is combined to generate a single, dependable information source. Improved customer experience Fast transaction processing enhances the client experience and satisfaction. Velox TRE is an intelligent solution that helps financial institutions manage treasury quickly, conveniently, and reliably. Key Features Key Highlights Seamless Transactions: Ensures that all transactions go easily and effectively. Real-time Detailed Information: Provides instant information, allowing for speedy and accurate decision-making. User-Friendly Experience: An easy-to-use interface increases work efficiency. High Reliability: A secure and fast platform that supports the sustainable growth of financial organizations. Cutting-edge Technology Flexible Deployment: This can be implemented on-premises or in the cloud. High scalability: Easily scalable to match organizational requirements. Parameterized Design: Reduces customization, ensuring quick and safe deployment. Smooth operation: Ensures consistent system performance, lowering risks and increasing efficiency. Key Benefits Product Customization Capability Financial institutions must be agile and quick to capitalize on possibilities in a fiercely competitive market with constant change and transparency. Volar TRE offers an easy-to-use product development and customization toolbox, enabling the quick creation of tailored products. Faster Cash Flow Adjustment Decisions To remain competitive, financial institutions must react quickly to market changes. Volar TRE provides a comprehensive view of cash flow, including real-time data and risk indicators, enabling fast cash flow adjustment decisions. Excellent Scalability and Smooth Processing Volar TRE is a real-time solution with high scalability, combining comprehensive business functions and modern microservice architecture. This reduces costs for product and business expansion, enhances efficiency, and increases profitability. Volar IPC is a robust and comprehensive payment solution designed to integrate seamlessly with core banking systems and various local payment channels. It enables quick, accurate, and secure interbank transfers, enhancing operational efficiency and customer satisfaction. The solution supports both automatic and manual message processing, ensuring flexibility and reliability in managing transactions. Key Features Core Banking Integration: Compatible with top core banking systems like T24 (Temenos), FLEXCUBE (Oracle), and Finacle (Infosys). Security: Adherence to OWASP guidelines, prevention of SQL/XSS injections, and secure password storage using one-way hash methods. Message Processing: Supports both automatic and manual processing, multi-threading, and parallel processing for high efficiency. Integration Protocols: Offers multiple integration protocols, including API, SFTP, Database Link, and MQ Server. High Performance: Capable of handling up to 500K transactions per day, with support for up to 50 transactions per second (TPS) and 500 concurrent users. Dynamic Parameter Configuration: Payment channel parameters can be defined and configured dynamically. Dashboard: Provides a comprehensive transaction summary from all sides, with configurable email notifications. Key Benefits Enhanced Efficiency High-speed transaction capabilities and multi-threaded processing make payment operations more efficient. Robust Security Ensures compliance with the most recent security standards and safeguards against common vulnerabilities. Scalability Supports a large volume of transactions and concurrent users, making it ideal for expanding financial organizations. Flexibility Provides both automatic and manual processing methods, adaptable to a variety of operating requirements. Improved Compliance It integrates with AML systems and helps to meet regulatory standards. User-Friendly Provides an intuitive dashboard and dynamic parameter settings, making payment operations easier to administer and monitor. Volar FINEX, created by FPT IS, is a clever and adaptable solution tailored exclusively for financial institutions. This solution handles and performs financial activities in a smooth and effective manner, answering the increasingly diverse and demanding needs of the financial services market. Key Features Leading Financial Core System With Advanced Technology Integration: Volar FINEX uses cutting-edge technologies to deliver a high-performance financial core system. Flexible deployment across On-Premise and Cloud platforms: Ensures scalability and sustainable growth, offering flexibility in deployment. Easy adaptation and customization: Helps financial enterprises minimize deployment time, enhance security, and operate smoothly and efficiently in today’s dynamic business environment. User-Friendly Interface and High Reliability: Simplifies complex workflows and delivers an intelligent user experience, ensuring optimal operational efficiency. Key Benefits Cost and Performance Optimization The microservices design reduces operating expenses, optimizes product and operational costs, and greatly improves financial performance. Internal Process Optimization The core financial system optimizes internal processes, shortens transaction processing time, improves labor efficiency, and generates consistent and reliable data. Improved Customer Experience Fast transaction processing improves customer experience and satisfaction, connects easily with multi-channel platforms, and optimizes engagement. Empower digital transactions with a secure, scalable e-wallet solution. Key Features Comprehensive parameterization capability Diverse products Automated accounting entries Easy integration to internal and external systems Designed with a microservices approach Supporting on-premises/cloud
News & Trends 4 September, 2024 FPT IS and University of Education – Vietnam National University, Hanoi cooperate to promote digital transformation The University of Education (UEd) under the Vietnam National University, Hanoi, and FPT IS Company Limited recently signed an official cooperation agreement to implement digital transformation in the field of education, coordinating their efforts to develop technology application products tailored for assessing and measuring learners’ capacity and integrate them...
