Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Digital Transformation: AmBank chooses Software AG solution to transform retail banking services

AvantiKumar | Sept. 25, 2015
Malaysia's AmBank Group CIO Charles Tan said Software AG's webMethods has been used to digitise its retail banking business.

Charles Tan - Ambank Group CIO 

Photo - Charles Tan, CIO, AmBank Group.

 

AmBank Group has selected business solutions firm Software AG's webMethods to digitise its retail banking business as part of its Digital Transformation journey, said the Malaysian banking group.

Charles Tan, AmBank Group's chief information officer, said the group has successfully launched its transformational core banking solution with the Software AG solution as the Integration platform, which now delivers a solid foundation to achieve the agility, flexibility and long term growth of the bank.

"Transforming our core banking system was critical to achieve the agility, flexibility and long term growth of the bank, "said Tan.  "We looked to Software AG as the global market leader in application integration."

He said AmBank engaged Software AG Global Consulting Services (GCS) to manage the rewiring project. The GCS team worked closely with AmBank to understand the requirements, defined the blueprint of the solution, designed and built 300+ services based on Service Oriented Architecture principle to connect the different channels with the new core banking system and other back-ends in the bank.

Stanimira Koleva, chief operating Officer, Software AG Asia Pacific, said: "Software AG's webMethods Integration Platform is a powerful middleware solution used by more than 4,000 customers worldwide including many Fortune 1000 companies. This success is based on a continuous innovation approach, including organic R&D, acquisitions and customer requirements. We are pleased that webMethods has helped AmBank transform their businesses in an impactful way"

Consecutively, Software AG was awarded 'The AmHorizon Top Implementation Partner 'for the core banking replacement Phase 1 project on the April 25th 2014.

 

Sign up for CIO Asia eNewsletters.