Finastra and LPBank Modernize Treasury Management Operations in Record Time

SINGAPORE, Oct. 17, 2024 /PRNewswire/ -- Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at Fortune Vietnam Joint Stock Commercial Bank (LPBank) to modernize the bank's treasury management operations and capabilities. This strategic collaboration is part of LPBank's concerted effort to accelerate its digital transformation strategy and enhance its competitiveness in the market.

Achieving deployment in just six months, the rapid timeline was achieved through an agile approach, flexibility, and a collaborative working relationship that facilitated a seamless integration of new systems with existing technology infrastructure and workflow processes. The initiation of the project was carefully designed to help LPBank meet the rising demands of managing more sophisticated treasury and liquidity products for clients, as well as supporting general risk management decisions across the bank.

Ho Nam Tien, Standing Deputy Chairman of LPBank said, "The successful deployment of this innovative project is testament to our deep commitment toward digital transformation and ...

Full story available on Benzinga.com