Saigon Hanoi Bank chooses Intellect Global Universal Banking Platform

11 May 2009

Saigon Hanoi Bank, one of the leading commercial banks in Vietnam has selected Polaris’ Global Universal Banking platform (Intellect 10.0) to be the technology enabler for its growth journey. Leveraging its path-breaking Intellect Accelerator Implementation methodology, we will deploy a complete Universal Banking System comprising Core, Lending, Trade, Treasury and Portal functionalities of Intellect 10.0.

Mr. Do Quang Hien, Chairman, SHB, said, “Several factors make Intellect 10.0 a compelling technology investment for SHB. The solution is Vietnam market ready. It provides a single view of the customer and enables tracking of global limits for effective risk management. We believe implementation of Intellect 10.0 will enhance our global competitiveness. We look forward to a sustained partnership with Polaris, a technology specialist with growing prominence in our country”.

Commenting on the win, Mr Arun Jain, Chairman & CEO, Polaris Software, said, “Global Universal Banking - Intellect 10.0 platform is an ‘industrial strength’ banking platform encapsulating two decades of learning and working with the leaders in the Banking and Financial Services industry.”

Mr Supriyo Sircar, Head, Polaris Asia Pacific, said, “Vietnam is an important hub and growth market for Polaris’ next-generation solutions. For the first time, such a comprehensive solution has been built using SOA technology. Intellect 10.0 will enable SHB to rapidly launch new products for its emerging lines of business and offer enhanced customer relationship management”.

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