In 2018, Financial Software Solutions Joint Stock Company (FSS) continued to strengthen its position in Vietnam’s banking and securities technology market through a series of strategic cooperation agreements and major project implementations with domestic and international partners. The projects covered securities core systems, fund management solutions, mobile trading platforms, and depository-clearing integration systems, demonstrating FSS’s growing capabilities in delivering comprehensive financial technology solutions.
On January 26, 2018, Korea Exchange (KRX) and FSS signed a contract for the development and implementation of a depository and clearing integration gateway for the Vietnam Securities Depository (VSD). KRX was the main contractor responsible for implementing the trading, depository, and clearing systems for the Ho Chi Minh Stock Exchange (HOSE), Hanoi Stock Exchange (HNX), and VSD. The integration gateway system enables automated processing of depository, registration, and clearing requests between VSD and its depository members, contributing to the modernization of Vietnam’s capital market infrastructure.
On February 21, 2018, Vietnam Fund Management Joint Stock Company (VFM) and FSS signed a contract to implement FundTrack — an open-ended fund certificate management and trading system. The project scope included daily operational modules integrated with external systems such as VSD and custodian/supervisory banks. The FundTrack solution was expected to help VFM develop flexible and competitive products and services, expand its distribution network, and create more convenient trading experiences for investors participating in open-ended funds.
Continuing its expansion in digital securities services, on March 19, 2018, Funan Securities Corporation (FSC) and FSS signed a contract to implement a Mobile Trading system. The application supports both Android and iOS operating systems, enabling investors to conveniently access market information, manage investment portfolios, review transaction history, register rights offerings, transfer funds to banks, and conduct securities trading anytime and anywhere.
On April 3, 2018, Vietnam Industry and Commercial Securities Joint Stock Company (VICS) and FSS signed a contract to implement the FLEX Core Securities System. The project covered all essential business and operational modules required for securities company management. Scheduled for implementation within four months, the project was considered one of the important steps supporting VICS’s strategic goal of entering the top 20 securities companies in Vietnam within two years.
On May 21, 2018, Japan Securities Incorporated (JSI) and FSS signed a contract to deploy the FLEX Core Securities System. The project included a full suite of operational and business management modules for securities companies and was expected to be completed within five months.
Established in 2009, JSI has focused primarily on serving foreign investors, especially Japanese clients. Through the implementation of the FLEX system, JSI expected to enhance service quality and better meet the increasingly sophisticated demands of international investors in Vietnam’s securities market.
Expanding beyond the banking and securities sectors, on September 28, 2018, Golden Gate Group and FSS signed a contract to implement a Data Warehouse system. Under the project scope, FSS would design and develop a centralized data warehouse platform while also automating management reporting systems to support Golden Gate’s business operations and decision-making activities.
The seven-month project was expected to establish a solid data foundation capable of supporting Golden Gate’s information management, reporting, and data analytics requirements both in the present and in the future.
Closing out the year, on December 10, 2018, Royal Securities Corporation (ROSE) and FSS signed a contract to implement the FLEX securities management and trading system, covering both Back Office and Front Office modules.
With the FLEX platform, ROSE expected to develop flexible and highly competitive financial products and services, strengthen risk management capabilities, and provide investors with fast, secure, and stable online trading channels.
The successful signing of these projects throughout 2018 continued to reinforce FSS’s reputation and expertise in delivering advanced technology solutions for financial institutions, securities firms, investment management companies, and large enterprises, while also contributing to the modernization and digital transformation of Vietnam’s financial and business sectors.
