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FPT Software & Ant Digital Technologies boost financial services in SEA

By Gloria Mathias

June 03, 2024

  • Ant Digital technologies
  • financial infrastructure platform
  • Financial Services
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Global IT company FPT Software has signed a Memorandum of Understanding (MoU) with Ant Digital Technologies.

The partnership focuses on digital solutions for financial infrastructure and is expected to fortify FPT Software’s offerings in the finance services sector across Southeast Asia. The MoU signing ceremony took place in Hanoi, Vietnam.

This marks FPT Software as Ant Digital Technologies’ IT partner, headquartered in Vietnam. The two companies will join forces to introduce Ant Digital Technologies’ flagship products into FPT Software’s service offerings, including the cloud-to-end mobile development platform mPaaS, AI-powered digital identity verification solution ZOLOZ eKYC, and SOFAStack, a one-stop solution for financial-grade distributed middleware.

Leveraging FPT Software’s robust technical expertise, delivery capabilities, and highly skilled talent pool, this partnership also targets the IT firm as a regional ISV partner of Ant Digital Technologies. Additionally, both sides will consider expanding collaboration regarding application maintenance, research, and development in identity security, anti-deep fake, and carbon tech across Southeast Asia, fueling the region’s burgeoning digital economy with more solutions.

“FPT Software has over two decades of experience helping world-leading names in BFSI with our digital solutions and services. By bringing together our industrial know-how, extensive global outreach, and Ant Digital Technologies’ solutions, we are confident in our ability to empower financial institutions with more diverse offerings and enhanced security, scalability, and time to market,” said Nguyen Khai Hoan, FPT Software Senior Executive Vice President.

Derrick Loi, General Manager of International Business at Ant Digital Technologies, said, “Through our strategic partnership, FPT Software and Ant Digital Technologies will jointly innovate to empower businesses with the latest digital technologies that will unlock their full potential in the modern digital economy. Together, we will blaze new trails in RegTech, identity security, application development, and carbon tech solutions, enabling enterprises of all sizes to elevate their digital capabilities, drive sustainable growth, and thrive in an increasingly connected world. This partnership is a testament to our shared vision of a future where the right digital technology can be a business enabler that can unleash digital vitality for industries and create boundless opportunities for progress.”

 

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