The client is one of the largest commercial banks in Vietnam, which operates 77 branches of more than 5,000 employees nationwide. They applies CITAD - a nationwide clearing & settlement system, which settles transactions between banks operating in Vietnam, via the interbank transfer system of the State Bank of Vietnam (SBV). The system processes the amount of money each bank owes or is owed to a central party (SBV), and complete it by discharging participants. These settlements consist of various functions, including transmitting, reconciling and confirming transfer orders before settlement. However, this hand-operated process is very time-consuming and not productive.
Therefore, they need a fast-deployed solution to automate the CITAD process