Tech companies provide data warehouse to VietinBank

Tuesday, Feb 18, 2014 16:37

ETC and Tech Mahindra companies provide a data warehouse solution with technology of SAP Vietnam for Vietinbank in 19 months. The project started on February 17. Photo

HA NOI (Biz Hub) — ETC, Tech Mahindra and SAP Viet Nam have started a data warehouse project for the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) from February 17.

The project is the result of an agreement between ETC and Tech Mahindra with VietinBank, signed in September of last year. The data warehouse, using technology from SAP Vietnam, will be implemented in 19 months with a capacity of almost 40 terabytes.

According to the bank's Deputy General Director Pham Anh Tuan, it will integrate data from 18 data sources in the banking system, including ATM cards and SMS Banking.

The project will also help the bank to enhance the efficiency of its management, inspection and risk administration. It will also provide the foundation for VietinBank to implement other systems, such as anti-money laundering and business intelligence. — VNS

Comments (0)