The Asian Banker

SeABank virtualises core banking system to augment infrastructure scalability and flexibility
The bank implemented an enterprise-wide virtualisation of its core banking platform; virtualising 90% of its host servers to the cloud in a pioneering innovation strategy.

Jun 20, 2013 | Levina Lim

Preamble Founded in 1994, Southeast Asia Joint Stock Commercial Bank (SeABank) is categorised by the State Bank of Vietnam in Group A – a group of the 14 biggest commercial banks out of 39 banks in terms of charter capital, scale of distribution network and banking technology infrastructure. With a portfolio of over 60 retail banking and 40 corporate banking products, the Bank serves hundreds of thousands of individual customers, SMEs and large corporations. To meet the increasingly diversified banking needs of customers, SeABank planned a strategic investment…

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Categories: Core Banking, Innovation, Technology & Operations
Keywords: Cloud Banking, Virtualisation, SeABank, Cisco Systems, IBM, Hewlett-Packard
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