FPT IS partner with Moody’s Analytics to help Vietnamese banks

Moody’s Analytics and FPT IS announced their strategic collaboration as part of the recent launched Moody’s Analytics Partner Alliance program at a seminar on capital standards and business performance optimization.

Moody's Analytics experts analysed the most challenging aspects of Basel II compliance, sharing the deployment experience in other markets, introducing solutions Moody’s Analytics would implement in Vietnam at the seminar.

Moody’s Analytics will provide clients of both firms with its award-winning regulatory compliance solutions and loan origination solutions. FPT IS will complement those solutions with its local advisory, integration, and customer support services. As part of the agreement, FPT IS will distribute and support the implementation of Moody’s Analytics solutions in Vietnam.

“Working with FPT IS, a technology company with more than 20 years of experience deploying IT systems for banks will not only perfect Moody's Analytics solutions but also bring more benefits to Vietnamese customers,” said Executive Director - Enterprise Risk Solutions for Moody’s Analytics.

Mr. Duong Dung Trieu, FPT IS Vice general Director, Chairman of FPT IS Board of Members, is equally confident about the business partnership. “FPT IS is aiming to provide intensive risk management solutions to dynamic and last-growing markets like Vietnam. Cooperating with leading companies such as Moody’s Analytics will help FPT IS bring to market professional, well-tested solutions that satisfy the demanding requirements of Vietnamese banks. Based on the proven track record of FPT IS and Moody’s Analytics, and a close coordination of our business activities, we strongly believe that we will implement Moody’s Analytics solutions successfully at Vietnam banks.”