About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Sacombank has Successfully Deployed Oracle Exadata Database Machine in Vietnam

Subscribe to our newsletter

Sacombank, one of Vietnam’s commercial banks, announced its successful deployment of Oracle Exadata Database Machine, allowing the bank to benefit from the solution’s predictive analytics to make strategic business decisions in real time.

This is the first Oracle Exadata Database Machine to be deployed in Vietnam. The solution provides data warehousing, integrated with Oracle Business Intelligence (BI) with a single 360-degree view of the business and a powerful platform for a wide spectrum of business intelligence tasks ranging from predictive analytics to real-time strategic and tactical decision support throughout the organisation.

This end-to-end Business Intelligence Solution comprise of Oracle Exadata Database Machine, Oracle Real Application Clusters (RAC), Oracle Database 11g Release 2, Oracle Partitioning, Oracle Business Intelligence Enterprise Edition, Oracle Data Integrator and Diagnostics/Tuning packs which enabled the bank to establish effective management dashboards to support decisions with historical, current and predictive view of the business while accelerating analytics and reports from hours to minutes.

Sacombank made their selection not only because of the synergies between the various Oracle software products, but because of the pre-integrated configuration of the Exadata platform which reduced deployment time, integration cost and offered unbeatable price performance ratio at a lower total cost of ownership with a single point for support.

Sacombank has chosen Oracle Exadata, which has been deployed by FIS bank and STB-Tech, a member of Sacombank Group.

“We are pleased that Sacombank has successfully deployed Oracle Exadata. Sacombank is the first financial institution in Vietnam to implement Oracle Exadata and this is a milestone marking our Oracle Exadata success in Vietnam’s financial sector. We are confident that Oracle Exadata will further improve Sacombank’s operational efficiency and competitiveness in the face of tough competition,” said Ricky Kapur, vice president, technology sales, Oracle ASEAN.

“Investing in IT infrastructure modernization will always be a part of our strategy to achieve excellence in various parts of our business. Exadata powered us with the visibility needed to address risk and growth on a timely manner. The technology has exceeded our expectations, enabling us with extreme performance for advance analytics while saving us overall implementation cost. Sacombank is expecting to enhance its competitiveness and quality of services in all areas with the aid of the management dashboards,” said Tran Xuan Huy, CEO of Sacombank.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The roles of cloud and managed services in optimising enterprise data management

Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality data, and delivering improved efficiency, better decisions and competitive advantage? This webinar will answer these questions,...

BLOG

SimCorp and Alloy Partnership Enables Institutional Investors to Manage Digital Assets on SimCorp Platform

SimCorp, a subsidiary of Deutsche Börse Group and provider of investment management solutions for the buy-side, and Alloy, a provider of institutional infrastructure and technology for digital assets, have formed a strategic partnership that will allow SimCorp clients to manage digital asset investments. The partnership will enable mutual clients to holistically manage digital assets, including...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...