Techcombank, Vietnam’s second largest bank by assets, will be adopting a new ATM solution created by software company SunGard.
The new software from SunGard is part of its IntelliMatch Operational Control solution suite, and is designed to help financial institutions reduce operational costs.
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According to SunGard there has been increasing stress around the regulation of operational controls.
A report carried out by analyst firm, CEB TowerGroup, has found that by 2016, investment in reconciliation applications is expected to reach nearly $290m.
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