BIDV Highlights
Thu An
BIDV IT continues the leading position development in accordance with the direction of the Board of Directors, particularly: Developing and updating the features of iBank, SmartBanking, BIDV Mobile, Mobile Payment, QRCode payment, SamsungPay, Contactless, multi-functional ATM; CRM, Omnichannel, Open API, eKYC, Robotics, Data Analyst, etc.
BIDV’s Information Technology (IT) has marked its 30 years of establishment and development. It is a long journey with many remarkable and proud achievements that have made a great contribution to BIDV’s successes.
around 5 major objectives. The first one is to modernize the banking technology system. Accordingly, BIDV has completed SOA-standard infrastructure integration, enabling the expansion and integration of BIDV’s software applications, which form a firm ground for the new core banking system transformation. Currently, the new core banking Transformation Project has completed bidder selection and contract signing and is scheduled for launch in 2023.
Breakthrough developments BIDV’s IT achieved breakthrough developments in the 2015 – 2020 period with great investment in IT solutions to serve diversified business operations as a finance - banking group. The bank also procured or developed various in-house IT systems covering wholesale banking, retail banking, treasury and core IT systems for its member units. By the end of 2020, BIDV’s IT operations had been implemented in the right direction, meeting its roadmap and plan pinpointed
In addition, BIDV has successfully run its business operations embracing the digital banking model. Not only focusing on procurement or inhouse development of many modern distribution channel applications, providing diversified products and services to individual, corporate and financial institution customers with typical e-banking systems such as Internet Banking/Mobile Banking, Smart Banking; card acceptance/payment systems; bilateral/multilateral payment system with other credit institutions, etc., has BIDV also successfully launched software apps for digital banking
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B I D V review
2020 marked BIDV’s success in enhancing IT application to improve governance capacity in a diversified and comprehensive manner covering its full operations, including Management Information System (MIS). This system enables BIDV to become one of the first banks in Vietnam to successfully put into use the Centralized Data Warehouse and its synchronous infrastructure based on modern architecture and model following IBM’s international practices. With the MPA system, BIDV also becomes one of the very few Vietnamese banks that have a detailed multi-dimensional profit analysis system covering products, customers, business units, regions, etc. The ERP system also has met the requirement of finance and accounting management following international standards and practices as well as specific requirements in Vietnam, facilitating BIDV’s long-term development goals. Another remarkable success of BIDV in 2020 is its ability to standardize IT infrastructure and security as well as strengthen functions and tasks, applying management standards following international practices. So far, BIDV has completed various solutions on IT infrastructure and security including security infrastructure for Internet connection applications, upgrading the network system towards a unified multi-service network system.
