May 21, 2014
The Asian Banker, www.theasianbanker.com
AmBank, and its technology partner TCS Financial Solutions, have been named winners of the Best Single Country Core Banking Implementation Award at the eighth Asian Banker Technology Implementation Awards Programme, held at the Kuala Lumpur Convention Centre, Kuala Lumpur on May 21st 2014. The awards ceremony was held in conjunction with The Asian Banker Summit 2014, the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region.
Highlights of the partnership:
- AmBank replaced its ageing core banking system with a scalable, flexible system with an integrated customer view
- The bank also implemented a new branch teller system at the front end as well as a new enterprise warehouse
- The implementation was achieved in 25 months through a “Big-Bang” approach impacting more than 5,000 users, 200 branches and 10 million accounts