TPBank selects iCreate for enterprise MIS, financial and risk analysis

Stocks and Financial Services Press Releases Tuesday September 23, 2014 10:06
Hanoi--23 Sep--Asian Banker

Prominent Vietnam financial services institution, TPBank has signed up with Banking Decision Sciences firm, iCreate for establishing an enterprise MIS, Financial Reporting and Risk Analysis framework. TPBank is recognized for deploying innovative technology and industry-leading best practices to enhance customer experience.

This decision comes in the wake of rising regulatory pressures in the region and the bank’s focus on enhancing customer experience, growth, and profitability. After several solution evaluations, TPBank decided to lay the foundation for addressing the bank’s current and future MIS and Risk challenges by opting for a DW-MIS platform of global standards.

As a part of the bank’s larger information management strategy, iCreate will help TPBank develop a Central Data Repository that will leverage iCreate’s proven Banking-specific Data Warehouse, for generating enterprise MIS, Financial Reporting and Risk Analysis. iCreate will establish and activate a sophisticated, future-ready information ecosystem that will help TPBank manage their data for accurate, reliable and timely decision making for information consumers at the leadership level. iCreate’s premier partner in Vietnam, Net Vision was actively involved in the deliberations leading to the decision.

Speaking on the occasion Bui Quang Cuong, CIO, TPBank said, “It is our vision to be a digital banking and services leader in Vietnam by constantly raising the bar on customer experience. This translates to transforming our information management capabilities, which requires establishing a robust decision enablement and risk management framework. We chose iCreate for their comprehensive understanding of our information management challenges, as well as their advanced technology and experience in banking-specific information management systems.”

Vivek Subramanyam, CEO, iCreate added, “I am happy that iCreate has been chosen as the strategic partner as TPBank lays the foundation for EDW and Reporting. I look forward to TPBank leveraging our experiential understanding of banking information management as well as our Analytics, Risk and Compliance solutions built using global best practices.”

--www.theasianbanker.com (Sep 23, 2014)--

Latest Press Release

The Stock Exchange of Thailand and Clearstream launch link for investment funds

Today, The Stock Exchange of Thailand (SET) and Clearstream Banking S.A., an international central securities depository, launched a joint connection to enable cross-border funds transactions. The new linkage between SET's mutual fund platform...

FE Credit Launches SECURE PLUS+, a fraud protection feature, specially designed for first time credit card users

To provide complete security and peace of mind to its valued cardholders, VPBank Finance Company Ltd. (FE CREDIT) has launched SECURE PLUS+, a comprehensive protection against fraud for all Credit Card transactions. This insurance covers unauthorized...

KTC pleases cardmembers who are runners with privileges for transactions made on www.thai.run.

Ms. Sireerat Corvanich, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited, joins hands with Dr. Bunyarit Uyyanonvara, Chief Executive Officer, "ThaiRun" or Thai.Run Company Limited, in providing special privileges to...

BitHarp Introduces New Technology in Cryptocurrency Mining

Lyre Miner and Harp Miner, two recently released cryptocurrency mining rigs from www.BitHarp.com (BitHarp Group Limited), are quickly turning out to be gamechangers in the global crypto market. Within their short lifespan, these two products have shown...

Fitch Rates KASIKORNBANK#s Proposed Basel III Tier 2 USD Notes #BBB(EXP)#

Fitch Ratings has assigned KASIKORNBANK Public Company Limited's (KBank; BBB+/Stable/bbb+) proposed US dollar Basel III-compliant Tier 2 subordinated notes an expected rating of 'BBB(EXP)'. The proposed notes will be issued under KBank's euro medium-term...

Related Topics