Prélude Enterprise – Risk Management Solution for Vietnam’s Capital Market Debuts at Banking Vietnam 2018
On July 5, 2018, the Banking Vietnam 2018 Conference and Exhibition officially opened at Daewoo Hotel, Hanoi. At this event, GMO-Z.com RUNSYSTEM, together with its partner NTT DATA Financial Solutions (NDFS - Japan), introduced the Prélude Enterprise solution to help effectively manage transactions and risks for Vietnam's capital market.
Participating in the event, GMO-Z.com RUNSYSTEM and NDFS brought the Prélude Enterprise solution with the expectation of contributing to optimizing transaction and risk management for Vietnam’s capital market, supporting financial institutions and banks, and moving the Vietnamese banking sector closer to international standards.
The Prélude Enterprise solution for the capital and financial markets was developed in Japan and is capable of performing Straight Through Processing (STP) for money, foreign exchange, securities, and derivatives markets. This solution enables flexible transaction management across cross-assets. Since 2003, the solution has contributed to improving bank operational efficiency and has led the market share in Japan, being adopted by Japanese banks thanks to its quality and flexibility in meeting specific customer requirements.
The main functions of the solution include: Financial instruments; Trade management functions; Position management functions; Risk management functions. The application of Prélude Enterprise brings businesses several benefits such as:
Improved operational efficiency: Systematizing operations is essential to handle increasing workloads. The user-friendly interface not only improves operational efficiency but also enhances data accuracy. This platform enables smooth data linkage between front, middle, and back office departments.
Flexible customization, easy scalability: The solution is designed with a framework-based model that flexibly integrates specific customer requirements. A wide range of financial tools and functions supports customers in expanding their businesses more effectively.
Cost efficiency: In general, the more complex the system, the higher the implementation and operational costs. The all-in-one solution simplifies the system architecture while supporting customers to start small and save costs. License fees are calculated based on the modules selected for implementation.
Although newly introduced to the Vietnamese market, the Prélude Enterprise solution presented by GMO-Z.com RUNSYSTEM and NDFS attracted strong attention from many participants, including representatives of major Vietnamese banks. This year’s exhibition featured nearly 20 enterprises, including prominent companies and corporations such as Hyperlory, Miraway, GMO-Z.com RUNSYSTEM, DTAsia, CMC Telecom, Netnam, TPbank, VnPay, etc., showcasing the latest technological achievements for building digital banking, especially cashless payment technologies.
Within the framework of the event, in addition to the exhibition, the eBanking Vietnam Conference was also held under the theme: “Promoting contactless payment to contribute to building a modern, efficient e-Government towards developing the digital economy.” This year’s conference focused on discussing how to develop cashless payment methods, building digital banking, introducing new cashless payment solutions and models, and analyzing and managing financial and banking data effectively.
