INTELLIGENT BRANDS // Software for Business
Shinhan Bank Vietnam modernizes trading and risk platforms with Finastra
Finastra ’ s Fusion Kondor and Fusion Risk solutions will fuel business growth for Shinhan Bank Vietnam through advanced automation .
Shinhan Bank Vietnam has
successfully standardized and integrated its trading and risk platforms with Finastra ’ s Fusion Kondor and Fusion Risk . The flexibility and efficiency offered by these solutions strongly positions the bank to grow more quickly and fulfil its ambitions of regional and international expansion .
“ A key focus of our business is being the best solution provider for customers who deal
CLOSE COLLABORATION BETWEEN SHINHAN BANK VIETNAM AND THE FINASTRA TEAM DEMONSTRATED THAT , EVEN DURING THE TROUBLED TIMES OF THE PANDEMIC , WE CAN ACHIEVE GREAT THINGS . with various risks through derivative products offerings , so it is important for us to remove barriers to growth ,” said Kim Tae Hee , Head of Capital Market and Trading Division at Shinhan Bank Vietnam .
“ Deep integration between Finastra ’ s Fusion Kondor , Fusion Risk and our IT systems architecture enables our Treasury and Global Market team to handle higher volumes of transactions with flexible capacities , accurate pricing methodologies , risk monitoring to support more complex derivatives and fixed income instruments .
“ Close collaboration between Shinhan Bank Vietnam and the Finastra team demonstrated that , even during the troubled times of the pandemic , we can achieve great things .”
With flexible trade capture and deal screens , Fusion Kondor can be configured to meet the needs of different desks and individual traders , while versatile workspaces and workflows can all be set up for intuitive and efficient usability .
Fusion Risk will also help Shinhan Bank Vietnam meet its regulatory obligations and offers powerful analytics to deliver insights to optimize business performance – from dayto-day operational oversight to long-term strategic business planning .
Luc Hovhannessian , Managing Director , APAC , Finastra , said : “ This project was delivered successfully through Finastra ’ s Fusion Adopt methodology , a capability provided by Finastra ’ s Global Services team , which offers rapid implementation through standardization and proven business best practices .
“ We were also able to deliver 85 % of the project remotely , which limited the impact of the pandemic and allowed the implementation to happen smoothly and within predicted timelines .
“ We will continue to work closely with the team at Shinhan Bank Vietnam , providing training and support to ensure that they are able to maximize value from the new solutions .” p
www . intelligentcio . com INTELLIGENTCIO APAC 71