BIDV has made the Top 10 Sao Khue Awards for its BIDV iBank and won Sao Khue awards for six years running.

​The Vietnam Software and IT Services Association (VINASA) presented the Sao Khue awards to 73 information and technology (IT) solutions and services, and software products.

The Top 10 Sao Khue were awarded to the most excellent products and services from BIDV, FPT Software, ISOFH company, ITSOL company, TIMA Group, Viettel Network Technologies Centre, Vietnam Posts and Telecommunications Group (VNPT), Viettel Telecom and Information Technology Solution Centre, and VTC Telecommunications JSC.

BIDV applied for the Sao Khue awards with three products including BIDV iBank for corporate customers (BIDV iBank), BIDV Identity Management system (BIDV IDM) and Gateway for card services. BIDV iBank and BIDV IDM were honoured to receive the awards, with BIDV iBank making the Top 10 Sao Khue awards. This is the sixth time BIDV has won Sao Khue awards for its IT products and services.

BIDV iBank makes strong impression

BIDV iBank is an electronic banking product based on the omnichannel platform (web, mobile device) that serves institutional customers, financial institutions and other credit institutions. The product features multifunctionality and a modern interface that allows transactions to be processed in many mechanisms and supports a direct connection to customers’ internal accounting system. BIDV iBank’s outstanding feature is that it provides only one interface portal and omnichannel exclusively designed for institutional customers. The product also integrates a microservice structure and world leading advanced IT solutions including IBM Filenet and Oracle 12c Cloud as well as products self-developed by BIDV such as SmartOTP and plugin-based digital signature.

Customers using this productcan conduct transactions such as domestic transfers, payroll payment, international transfers, cash flow management, internal fund transfers, collection service management, and digital document information management among others through internet-connected devices from any location, saving time and resources for both customers and the bank.

BIDV IDM offers utilities

The BIDV Identity Management system (BIDV IDM) has been developed by BIDV based on an advanced IT platform. The programme employs new technologies, providing a host of utilities to users. Initially BIDV IDM was the 3.0 version of the centralised application management system formed in 2008, and was first upgraded in 2010. BIDV IDM is the second comprehensively upgraded version, re-designed according to BIDV’s new framework.

The system allows BIDV to reduce costs and risks in IT operation and management. The product’s ultimate feature is its ability to boost the processing time through digitalising the registration process, helping BIDV to save about VND14 billion (USD620,000) per year in transferring user registration documents. In the coming time, BIDV IDM will be further upgraded and improved with more utilities and further applications will be integrated into the system.

BIDV iBank and BIDV IDM are the result of thecontinuous effort of the bank’s IT experts and officers in improving the quality of e-banking products to meet the increasing needs of customers in the digital era.