Cloud
Principal Malaysia Taps AWS for Major Cloud Transition
Principal Malaysia, a joint venture between the Principal Financial Group (PFG) and CIMB Group Holdings, has announced its decision to adopt Amazon Web Services (AWS) as its primary cloud provider. This move is part of Principal’s strategy to advance its
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New AWS Region to Launch In Malaysia by 2024 With RM25.5 Billion Investment
The Amazon Web Services (AWS) is expanding its presence in Malaysia by going live with the new AWS Region in Kuala Lumpur in 2024. AWS will invest RM 25.5 billion to build the new AWS Region in Malaysia by 2037
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Silverlake Axis, Safeguards to Launch M’sia’s First Independent ATM Deployer
Digital banking solutions provider Silverlake Axis (SAL) has partnered with Safeguards Corporation to launch Malaysia’s first Independent ATM Deployer (IAD). Tech giant IBM and Wanclouds, a multi-cloud SaaS and managed service provider, are also partners in this project. An independent
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Purposeful Coexistence in Your Journey to a Digital Core
The costs and complexity of legacy banking technology have firmly established the need for financial institutions to modernise their systems. Banks must move away from legacy infrastructure that constrains innovation and prevents them from providing the real-time, personalised banking experiences
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AWS and Mambu Share Their Guide to Cloud Migration for Incumbent Banks
In today’s rapidly evolving economic environment, businesses need to be able to adapt quickly to changing market and consumer demands. This is especially true for traditional banks and financial institutions experiencing pressure to offer the same level of agility as
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Google Cloud Appoints Tech Veteran as New Malaysia Country Manager
Google Cloud has announced the appointment of industry veteran Patrick Wee as its new Country Manager to oversee its operations in Malaysia. In his new role, Patrick will be responsible for leading local go-to-market operations for Google Cloud and Google
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AWS Launches Infrastructure Region, Invests RM25.5 Billion in Malaysia
Amazon Web Services (AWS) plans to launch an AWS infrastructure Region in Malaysia and invest US$6 billion (approximately RM 25.5 billion) by 2037 as part of its commitment to the region. The new AWS Region will give developers, startups, entrepreneurs,
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Finastra Bets Big on APAC With New Center of Excellence at MRANTI Park
Financial services software and cloud solutions provider Finastra has established a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park. MRANTI Park, located at Bukit Jalil in Kuala Lumpur, is a hub for technology innovation, commercial adoption, and scientific
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Security Bank Philippines Taps Malaysia’s Consolsys to Automate Its Branches
Security Bank Philippines has partnered with Malaysian banking automation company Consolsys to revamp its branch experience. The partnership will enable Security Bank to transition its current branch banking management system to a cloud-based omni-channel platform. This includes the replacement of
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Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years
Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger banks and fintechs are leveraging modern technology stacks and agile operating models to innovate at speed and build modern, customer-centric
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