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Home > IBM APAC > Transforming Banking with Speed, Scalability and Savings
 

Transforming Banking with Speed, Scalability and Savings

White Paper Published By: IBM APAC
IBM APAC
Published:  Oct 11, 2019
Type:  White Paper

Several countries in the Asian region are experiencing strong growth in their economies, but a large part of the population of many of these countries remains unbanked. In such a scenario, Techcombank, a bank in Vietnam, knew it had to deliver a differentiated banking experience for its prospective customers.

The bank had to transform its IT infrastructure and it zeroed in on IBM LinuxONE because of its ability to handle very large and variable workloads, combined with strong security and cost-efficiency. As a result, it was able to handle 4X the transactions during peak season effortlessly along with 44% lower total cost of ownership while also winning new customers.
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