OCB pioneers in applying Oracle Exadata Cloud at Customer digital data solution in Vietnam

Báo Đại biểu Nhân dânBáo Đại biểu Nhân dân14/01/2025

On the morning of January 10, at OCB headquarters, a signing ceremony took place with FPT Corporation, launching the "Data analysis platform modernization project with Oracle ExaC@C Database 23ai", marking an important step in the bank's digital transformation journey.

Representatives of OCB and FPT Corporation signed the agreement to deploy Oracle Exadata Cloud at Customer solution.

It is known that Oracle's Oracle Exadata Cloud at Customer (ExaC@C) is currently the most advanced database platform solution in the world. With the advantage of being located right at the customer's data center, it helps shorten deployment time, use flexible resources, high performance, ensure information security and comply with strict standards of many organizations. In addition, the Oracle 23ai database integrated in ExaC@C helps simplify the process of using AI, quickly apply AI to data analysis as well as automate the management and operation process of the IT system. OCB decided to choose this solution to build a core platform, serving the bank's management and operation activities. This solution not only helps modernize OCB's centralized data analysis and reporting system but also supports data-based business strategies, optimizes the ability to analyze, predict and make decisions quickly and effectively. “Currently, OCB has a very large customer portfolio while a lot of data is still scattered across different functional departments. Therefore, we have cooperated with FPT Corporation to implement a project to modernize the data analysis platform based on advanced Oracle technology. With this project, OCB aims to centralize data into a single source for full-process data analysis, helping OCB better understand the market, customer needs, improve risk management capabilities and increase data-based competition. Currently, this is also the pioneering project in Vietnam to deploy the ExaC@C solution integrating the latest 23ai version cloud database service. We believe that this cooperation will mark an important step in OCB's comprehensive digital transformation journey, towards building an optimal and in-depth data management and analysis platform, bringing major breakthroughs in the bank's operations and service quality," said Mr. Pham Hong Hai - General Director of OCB at the event.
OCB tiên phong ứng dụng giải pháp dữ liệu số Oracle Exadata Cloud at Customer tại Việt Nam

Mr. Pham Hong Hai - General Director of OCB shared at the signing ceremony

Representing the implementation partner, Mr. Nguyen Hoang Minh - General Director of FPT IS said: “ With the strength of technology in the data sector and the experience of understanding the digital transformation problem in the Finance - Banking industry, FPT is proud and honored to be trusted by OCB to join the key project ExaC@C to integrate the first 23ai version cloud database service in Vietnam. This solution will help OCB integrate and manage data effectively, optimize the ability to analyze and make decisions based on data, and support long-term business strategies. FPT is committed to providing comprehensive support for the project to achieve success beyond expectations, creating an important mark in the digital transformation journey of OCB and the finance - banking industry in Vietnam. With the determination of OCB's leaders, FPT's practical implementation experience, combined with the advanced technology platform from Oracle, promises to bring success to the project. This is considered an important milestone in OCB's digital transformation journey towards building a comprehensive, in-depth data management and analysis platform, supported by AI to help the bank increase its competitive advantage based on data and bring the best experiences to customers. Previously, OCB and FPT have also cooperated through a series of key technology projects such as: deploying Human Resource Management Software and awarding PCI DSS certification on payment card information security to OCB bank. Helping OCB improve human resource management as well as related processes such as recruitment, training, termination... At the same time, the software also supports timekeeping and salary calculation easily and effectively, improving the capacity of card services to meet international security standards. Source: https://daibieunhandan.vn/ocb-tien-phong-ung-dung-giai-phap-du-lieu-so-oracle-exadata-cloud-at-customer-tai-viet-nam-post401968.html

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