Tisco Bank to implement FIS core banking platform

Thailand-based Tisco Bank has signed a contract with banking and payments technology provider FIS to deploy its Profile core banking platform, as part of its plan to meet growing banking needs.

Thailand-based Tisco Bank has signed a contract with banking and payments technology provider FIS to deploy its Profile core banking platform, as part of its plan to meet growing banking needs.

The bank believes that the new core banking system will enable it to move to a real-time, customer-centric banking solution, and shift efficiency in business operations, thereby enabling it to deliver quality service with maximum benefits to customers.

FIS APAC group managing director Raja Gopalakrishnan said, "The world of banking is changing, with more and more banks looking for cost economies, without compromising on functionality."

"FIS allows banks to focus on their customers, support high-volume growth and provide real-time integration with all delivery channels."

Tisco executive vice president Yutiga Sonthayanavin commented, "An integrated, hosted solution that provides us highest-quality processing was something we required as we continued to grow our banking services."

Tisco Bank offers retail banking, private banking, corporate banking, commercial banking, cash management services and corporate investment services through a network of 137 branches.