FIS has been selected by Kasikornbank for its new core banking system
for deposit products
FIS is one of the foremost providers of hosted core processing
solutions for banks globally and has successfully implemented core
banking solutions in almost every major bank in Thailand
JACKSONVILLE, Fla. & BANGKOK--(BUSINESS WIRE)--
(NYSE:FIS), the world’s largest provider of banking and payments
technology solutions, and a global leader in consulting and outsourcing
solutions, today announced it has been selected by Thailand’s
Kasikornbank Public Company Limited as the bank’s provider for real-time
core banking for deposit products . With this new agreement, FIS
increases its customer base to 10 of the top 13 Thai banks.
Kasikornbank, the fourth largest bank in Thailand, needed to replace its
existing core banking system. It turned to FIS because of the successful
implementation of the FIS core banking solution in Thailand.
“FIS’ Profile® core solution will allow Kasikornbank to
support the high-volume growth it is experiencing with a
customer-centric approach across all of the bank’s channels,” said Raja
Gopalakrishnan, Group Managing Director – Asia Pacific, FIS. “FIS’
proven solutions, coupled with its comprehensive in-country servicing
capabilities, makes it the perfect partner for Thai banks and for
leading banks throughout the region.”
“As a growing bank, already serving more than 10 million customers,
Kasikornbank is pleased to have an integrated solution like the FIS
suite, which gives us the top-quality core processing solution we needed
as we continue to grow our banking services,” said Somkid Jiranuntarat,
Executive Vice President, Kasikornbank.
FIS is a dominant force in the provision of core banking solutions in
Thailand and is experiencing tremendous growth across the entire region.
“Our position as number one in the Fintech 100 for the third year
running shows how well the FIS solution set matches the requirements of
leading banks in Asia and around the world,” commented Gopalakrishnan
“Asia Pacific is a fast growing region for FIS and we are seeing
tremendous demand for our products and services from some of the world’s
most innovative and discerning banks.”
Ultrascalable and able to let banks operate in real-time, FIS has the
premier core banking solution in the market. It is a fully integrated
solution that includes customer, banking product, account and
transactional requirements. Loan and deposit products are supported by
an extensive inventory of configurable features that are shared across
all banking lines of business. With maximum production scalability and
availability, FIS supports hundreds of institutions, ranging from de
novo startups to top-tier global banks, making it the premier choice for
organizations committed to a 24/365, always-on solution.
Established in 1945, Kasikornbank has assets of more than 2,240 billion
baht. It serves over 12 million individual and commercial customers
through nearly 915 domestic and overseas branches.
FIS is the world’s largest provider of banking and payments technology
solutions, and a global leader in consulting and outsourcing solutions.
With a long history deeply rooted in the financial services sector, FIS
serves more than 14,000 institutions in over 110 countries.
Headquartered in Jacksonville, Fla., FIS employs more than 39,000 people
worldwide and holds leadership positions in payment processing and
banking solutions, providing software, services and outsourcing of the
technology that drives financial institutions. First in financial
technology, FIS tops the annual FinTech 100 list, is 434 on the Fortune
500 and is a member of Standard & Poor’s 500® Index. For more
information about FIS, visit www.fisglobal.com
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Kim Snider, +1.904.438.6278
Marketing and Communications
Source: Fidelity National Information Services