Viet A Commercial Joint Stock Bank (Viet A Bank) has just signed a cooperation agreement with FPT Telecom to move the entire data system of this bank from physical data center to FPT HI GIO Cloud cloud computing system of FPT Telecom.
Viet A Bank and FPT Telecom representatives attended Vietnam Cloud Computing 2017.
Accordingly, from July 22, 2017, Viet A Bank is the first bank in Vietnam to choose the Private Cloud model on FPT HI GIO Cloud's technology platform to store and solve all problems related to this bank's data.
The decision to shift the entire data system to Private Cloud cloud computing of FPT Telecom is part of a series of activities to boost investment in IT system of Viet A Bank, which is also a strategy to become one of Vietnam's leading banks of Viet A Bank.
This is an important step in linking the leading banks and telecommunications solution providers in the country. This move contributes to creating a smart data platform for the businesses (especially for banks), which ensures the highest level of security and is the foundation for the trend of Digital Banking.
Speaking about the decision to transfer data to the cloud computing system of FPT Telecom, Mr. Nghiem Sy Thang - Director of Viet A Bank Technology Division - Head of Digital Banking Project, one of the leading experts about the information security of the banking industry, has affirmed: "This shift not only meets the trend of information/data management of the banking industry in the current global technology management but also gives Viet A Bank outstanding benefits in many aspects such as investment, equipment, infrastructure, resources, and technology, etc. in order to increase efficiency and provide optimal utilities for customers/service users”.
To be specific, when transferring data to FPT HI GIO Cloud platform - the cloud computing system that FPT Telecom cooperated with Internet Initiative Japan (IIJ) for the first time in Vietnam, the bank will achieve the compatible values as follows:
The first is high availability. Viet A Bank's cloud computing model has been developed on the basis of FPT HI GIO Cloud technology and integrated all space and time distance, without any risks of interruption of transmission line that banks with wide distribution often encounter.
The second is minimizing infrastructure management costs. Compared to building a physical data center right at the bank office as before, the shifting of data to cloud computing helps Viet A Bank save human costs and ground necessary to maintain physical data centers.
The third and also the core benefit, is the confidentiality. The entire data system of Viet A Bank is stored at Data Center of FPT Telecom with the most stringent information and safety standards in the present day, according to Tier III international standards - international certificate certified by Uptime Institute (USA). This is the most advanced and prerequisite standard for Data Center service. In addition, Data Center of FPT Telecom is also certified with ISO 9001, ISO 50001 and ISO 27001.
With the pioneering step of combining technology infrastructure of FPT Telecom and the bank database of Viet A Bank, Viet A Bank's data center and trading activities will no longer be hindered by the nature physics, ensuring to the highest level that all Viet A Bank's branches, transaction offices and employees throughout the territory of Vietnam are operating continuously, stably and without difference, which brings customers/service users different experiences, as well as improves the value of appropriate and sustainable development of the business.
More information about FPT HI GIO Cloud of FPT Telecom
On April 13, 2017, FPT International Telecommunication Limited Company (FTI) under FPT Telecom Joint Stock Company (FPT Telecom) has launched a new generation cloud computing service named FPT HI GIO Cloud. This is the only service in the market that is integrated based on advanced technology with the most rigorous and exclusive standards of Internet Initiative Japan (IIJ), together with the infrastructure, management and market experience of FPT Telecom.
Besides FPT HI GIO Cloud, FTI is currently the leading service provider in Vietnam in the areas of Online Data, Business VoIP, Private leased line and Cloud computing. With the advantage of owning two Data Centers with a total area of thousands of square meters, along with domestic and international broadband connection, FTI gives customers in Vietnam the opportunity to use the global connectivity solution package with the highest quality and stability.
More information about Viet A Bank
Viet A Bank was established on July 4, 2003 on the basis of consolidating two credit institutions that have been operating for a long time in the monetary and financial markets of Vietnam: Saigon Financial Joint Stock Company and Rural Commercial Joint Stock Bank of Da Nang.
Viet A Bank operates with all the business functions of a commercial bank and has strengths in financial activities such as gold trading, investment and financing projects, etc.
Viet A Bank implements various forms of capital mobilization, participation in the inter-bank, foreign currency and open market, expanding credit activities for short, medium and long-term loans for all economic sectors. In particular, Viet A Bank focuses mainly on financing small and medium enterprises in the fields of production, trade, import and export, and serving life, etc.
Viet A Bank develops forms of joint ventures, associates with economic organizations and expands services to provide more and more convenient utilities for customers. The bank's staff always ensures quick, enthusiastic, civilized and polite service with the motto: The prosperity of customers is the success of Viet A Bank.
Viet A Bank will continue to expand its operation network, strengthen financial capacity, build technical facilities and modernize banking technology, continue to improve the quality of customer service, and strictly comply with the Government's laws and the banking's regulations in order to constantly improve the prestige in the market.