Cloud technology helps retail banks enter the digital economy
Banks “race” to keep pace with the digital economy
Digital transformation is not only an inevitable trend in the banking industry but also becomes a “marathon”, requiring banks to have tactics and “endurance” during the long-term race.
Accordingly, the most important and necessary “tactic” is digital transformation, the faster the bank moves the argument, the more advantageous it is in terms of customers and revenue. Customers are the cause for the digital transformation process to become “inevitable”.
Nowadays, in parallel with the development of technology, customers’ expectations on products and services are increasing. Especially the banking industry, where there is a massive branch system, contact and bring experience directly with customers.
Currently, many banks are facing 4 main difficulties
First, the problem of optimizing the current system and investment costs for new technologies. In which, the bank’s determination in planning and optimizing the current system, even the system and management model, and renewing technology to meet competition. This puts a lot of pressure on banks, especially small and medium sized banks.
The second is the shortage of high-quality information technology human resources capable of consulting, implementing and operating Cloud computing systems.
Third, identifying security issues as the backbone of the financial and banking sector, digital banking development is facing the problem of personal information security, when the banking industry is always the number one goal. of technology crime. Therefore, the evaluation and application of highly secure systems, as well as the willingness to restructure information technology investment costs to invest in security are also barriers for banks.
Fourth, must find a reliable companion, consult and provide a comprehensive set of solutions.
According to preliminary statistics of the State Bank (SBV), up to 95% of banks have been building a digital transformation strategy, of which 39% have approved the strategy or integrated in the development orientation. business and information technology.
In essence, digital transformation in the banking industry is not simply the application of new technologies such as AI, Blockchains and process automation at the micro level, but instead is the transformation of the entire model and strategy. strategy and business culture of the bank – on the basis of technological innovation.
Cloud computing is currently the optimal option trusted by most major retail banks. Current reality shows that banks are having many opportunities to promote digital banking (Digital Banking) to develop rapidly, promote cashless payments, upgrade the Customer Relationship Management System (CX)… Cloud computing is the “Golden Key” that opens this door.
VNG Cloud – “Green card” for digital transformation bank
As one of the leading units in the field of cloud computing, VNG Cloud has shown its commitment and attachment to the multi-cloud multi-cloud model for many years. The proof is that VNG Cloud has had strategic technology partnerships with technology “big” in the world such as Amazon Web Services, Google, VMWare, etc. on the interactivity of the cloud.
According to Mr. Ha Nhu Hai, the analytical assessment of the advantages of domestic Cloud products compared to foreign ones is that, IaaS infrastructure services are still the biggest advantage of internal Clouds compared to Global Players due to the advantage of Data. Domestic center, BW system, traffic connection.
“For the banking industry, the domestic “Player” has a better understanding and grasp of the current customer situation. Therefore, in terms of solutions and services, domestic suppliers offer practical solutions, accepting receive customization in accordance with customer needs and competitive prices.In addition, in terms of customer support, domestic suppliers provide timely and flexible support 24/7.For areas with security requirements High and plays a key role in the domestic economy, choosing a Vietnamese-branded cloud will help strengthen trust and bring values of close and long-term cooperation, “said Mr. Hai.
Notable among them is vCloudcam, a smart camera system management solution, which has been used in large banks with a system of hundreds of transaction offices and thousands of ATM locations.
By integrating AI technology, cameras equipped with vCloudcam service are capable of motion detection and face recognition, not only helping the bank to centrally control cameras across the entire system, proactively protecting security. and asset management, but also save on initial investment costs, take advantage of camera data to analyze and support business with high efficiency.
VNG Cloud’s product is proud to be a pure Vietnamese solution completely developed by a team of Vietnamese engineers from software (VMS centralized management system) to hardware (produced by vBox OEM partner), operated on VNG Cloud cloud platform with high performance and absolute security.
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at Blogtuan.info – Source: cafebiz.vn – Read the original article here
