In 2019, Financial Software Solutions Joint Stock Company (FSS) continued to expand its presence in the banking and securities technology market through a series of major project implementations and strategic partnerships with leading financial institutions in Vietnam. The projects further demonstrated FSS’s capabilities in delivering comprehensive technology solutions for derivatives trading, banking risk management, and custody services.
On March 28, 2019, Yuanta Securities Vietnam (YSVN) and FSS signed a contract to implement the FDS derivatives securities trading and management system. The project scope included all derivatives business modules currently available on the market. In particular, the system also provided trading channels via smartphones and tablets on both iOS and Android platforms.
With the FDS platform, YSVN expected to develop flexible and competitive financial products and services, strengthen risk management capabilities, and provide investors with fast, secure, and stable online trading channels.
In the banking sector, on April 15, 2019, Techcombank partnered with FSS to implement a solution supporting compliance with Circular 41 issued by the State Bank of Vietnam regarding capital adequacy ratios for banks and foreign bank branches operating in Vietnam.
Under strict implementation timelines, Techcombank was required to officially operate the capital adequacy ratio calculation system by June 22, 2019. FSS worked closely with the bank and project partners to successfully deliver the system on schedule, ensuring stable operation and meeting all project requirements.
The project highlighted FSS’s ability to execute complex banking technology initiatives under tight deadlines, while also supporting Techcombank’s risk management and regulatory compliance objectives in alignment with Basel II standards.
Continuing its expansion in custody and fund services solutions, on July 26, 2019, FSS and Shinhan Bank Vietnam (SHBVN) officially signed a contract and kicked off the project for implementing Custodian Banking and Fund Supervision Service software systems.
Under the project scope, FSS would deploy a comprehensive solution supporting SHBVN’s custodian banking operations, while also enabling the bank to provide fund supervision and fund administration services. The project represented another important milestone in FSS’s strategy to expand its financial technology ecosystem for the banking and capital markets sectors.
Through these projects, FSS continued to reinforce its reputation as a trusted technology partner capable of delivering advanced solutions for securities firms, commercial banks, and financial institutions, while contributing to the modernization and digital transformation of Vietnam’s financial market infrastructure.
