SACOMBANK Boosts Core Banking Performance with Red Hat OpenShift on IBM Power

SACOMBANK, a leading digital banking innovator in Vietnam and ASEAN, has successfully modernized its core banking system using Red Hat OpenShift on IBM Power. This ambitious project aimed to drive digital transformation, resulting in significant business benefits.

The new platform delivered a 200% improvement in application performance, allowing the bank to serve customers more efficiently. Additionally, deployment cycles were accelerated by three times, and server footprint was reduced by 50%, from eight servers to four.

This modernization initiative has also enabled SACOMBANK's IT team to be more proactive in deploying, managing, and operating the system. As a result, the bank can now rapidly deliver new services and respond quickly to changing business needs.

The collaboration between SACOMBANK, Temenos, IBM, and Red Hat has been instrumental in this project's success, positioning SACOMBANK at the forefront of real-time banking services and data-driven innovation.