ABBANK Adopts Google Cloud to Accelerate Digital Transformation

In Hanoi, Vietnam on Feb. 13, 2023, at the Signing and Launch Ceremony of its “Establishment of Hybrid Cloud Infrastructure and Implementation of Cloud Environment Use Cases” project, An Binh Commercial Joint Stock Bank (ABBANK) announced its collaboration with Google Cloud and a Cloud Ace - CMC Telecom consortium to drive successful digital transformation.

*From left to right

Ms Quyen Truong - Cloud Ace Vietnam Deputy General Director

Mr Tuyen Pham - Cloud Ace Vietnam Managing Director

Mr Tran Viet Thang - ABBANK Head of Technology Division

Ms Nguyen Thi Huong - ABBANK Deputy General Director, cum Director of General Division

Ms. Malis Selamat - Google Cloud Country Director, Vietnam and Philippines

Ms. Trinh Thi Tam Nhu - CMC Telecom Deputy Director of FSI Division

Mr. Dang Tung Son - CMC Telecom Deputy General Director - Sales and Marketing Director

ABBANK is working toward its vision of becoming a leading bank that uses cloud services effectively and securely. It is now expanding its investment in digital transformation to deliver the best experience to current and future customers. This will result in about 50% of ABBANK’s IT services being deployed in a hybrid cloud environment.

To expand its customer base and provide a seamless user experience, the engineering teams from ABBANK, Cloud Ace and CMC Telecom will be using Google Cloud’s Anthos platform to implement and manage the Bank’s hybrid cloud environment. This project will help reduce ABBANK’s total cost of ownership (TCO) and allow it to access Google Cloud’s extensible infrastructure and services to scale its delivery of digital financial services and products on applications like AB Ditizen.

Mr. Tran Viet Thang, Head of Technology Division of ABBANK, said: “Through this project, ABBANK is collaborating with Google Cloud, which offers a world-class technology platform, and the Cloud Ace - CMC Telecom consortium, which offers deep technical experience and expertise to establish a robust cloud environment with innovative features, to help us optimize costs, operate flexibly, and accelerate the development and provision of digital applications and services to our customers. This will increase our competitiveness in the market, boost efficiency and customer satisfaction, and strengthen the Bank's overall business performance.”

The adoption of advanced Google Cloud technologies, in collaboration with Cloud Ace and CMC Telecom, will be a key factor in strengthening ABBANK’s brand, affirming its industry leadership, achieving its goals, and realizing its vision.

Mr. Pham Van Tuyen, Managing Director of Cloud Ace, said: “Throughout the process of consulting and designing solutions for businesses in the financial services sector, we’ve identified IT resource optimization and security as strategic priorities that cannot be overlooked. As a Google Cloud managed services provider, Cloud Ace is therefore committed to supporting ABBANK across the entire implementation process, while providing knowledge training to upskill the customer's software engineers.”

Mr. Dang Tung Son, DCEO/CMO of CMC Telecom, said: "As a strategic partner of ABBANK for years, CMC Telecom understands the requirements and goals set forth by ABBANK. With the advantage of owning a modern and secure digital infrastructure platform, CMC Telecom is favored by customers who are looking to make progress in their digital transformation journeys, especially those from the finance and banking sector. In addition, CMC Telecom always works with large, professional, and reputable technology partners to help our customers adopt products and services that bring the greatest value and efficiency."

Ms. Malis Selamat, Country Director, Vietnam and Philippines, Google Cloud, said: “ABBANK's choice of Google Cloud as its primary cloud provider reinforces its commitment toward adopting enterprise-grade technologies that are open, scalable, and secure-by-design to enhance the way it engages with and serves its customers – from anywhere and at any time. A hybrid cloud environment will pave the way for the Bank to apply advanced analytics to better understand its customers, as well as adopt a microservices architecture to accelerate its delivery of modern applications and personalized services. Together with our partners Cloud Ace and CMC Telecom, we look forward to supporting ABBANK's transformation efforts and its ambitions to become the digital bank of the future.”

■About An Binh Commercial Joint Stock Bank (ABBANK)

Established in 1993, until now An Binh Commercial Joint Stock Bank (ABBANK) has been contributing to Vietnam's financial market as a friendly, reputable and effective retail banking brand.

ABBANK is a reputable brand in the financial and banking sector in Vietnam with the support of a domestic strategic shareholder, Electricity of Vietnam (EVN) and a foreign strategic partner, Maybank. Malaysia, International Finance Company IFC.

As a bank operating with the motto: "Give solutions - Get smiles", be responsible and love activities for the community.

■ About Cloud Ace Ltd. – Google Cloud Managed Services Provider (MSP)

Headquarters: H3 Building, 1st Floor, 384 Hoang Dieu, ward 6, district 4, HCM city, Vietnam

Managing Director : Pham Van Tuyen

Website: https://cloud-ace.vn/

Cloud Ace is a leading enterprise in Google Cloud Platform, headquartered in Japan and 09 different countries in the APAC region. Cloud Ace in Vietnam was established in 2018, is a unit certified by Google Cloud as a Premier Partner, Managed Services Provider (MSP) and the first Authorized Training Partner of Google Cloud in Vietnam. With long-term experience in consulting, designing and implementing Google Cloud cloud solutions, Cloud Ace has accompanied in the digital transformation process of many businesses with many different industries.

■About Google Cloud

Google Cloud accelerates every organization's ability to digitally transform its business. We deliver enterprise-grade solutions that leverage Google's cutting-edge technology – all on the cleanest cloud in the industry. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.

■ For inquiries regarding this press release

Cloud Ace Co., Ltd, Marketing department, Public Relations

E-mail: marketing.vn@cloud-ace.com

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