Representatives of both companies exchanged signed MOU at a siging ceremony in Stockholm, Sweden. — Photo of FPT Software

Global IT leader FPT Software has announced a strategic alliance with Vilja, a leading Nordic core banking service provider. This partnership is set to enhance FPT Software's financial services portfolio, aiming to deliver cutting-edge digital banking solutions to clients worldwide.

The collaboration will see Vilja’s cloud-native, API-first banking platform integrated into global enterprises, with an initial focus on Asia’s burgeoning digital economy. A key component of this partnership is the establishment of an R&D center in Asia, dedicated to advancing innovations in digital banking, particularly in areas such as deposits and loans.

Dzung Tran, CEO of FPT Software Europe, stated, “With over two decades of experience in digital solutions for the BFSI sector, we are confident that our collaboration with Vilja will significantly enhance financial institutions' security, scalability, and user experience. Combining our industry expertise and global footprint with Vilja’s innovative solutions will set new benchmarks and support financial institutions in navigating today’s dynamic digital environment.”

Fredrik Ulvenholm, CEO of Vilja Solutions, added, “Vilja is expanding globally from a strong Nordic market position and has gained international recognition for our cloud-native core banking solutions. Partnering with FPT Software fortifies our global presence and showcases our leading innovation. With FPT’s extensive experience and established reputation, we are poised for focused expansion in Southeast Asia and ASEAN countries.”

FPT Software, with over a decade of European market experience, is a trusted digital transformation partner. It provides comprehensive services and innovative solutions to over 150 leading European companies, including E.ON, Schaeffler, Viessmann, Covestro, Volvo, and Siemens. The company has recently expanded its presence with a new office in Sweden. — VNS