The announcement from Kasikorn Bank of their plan to revamp their Core Banking system in collaboration with Sunline, a Chinese company specializing in banking software and technology, signals a major shift in their IT infrastructure. This ambitious project is expected to take 4 years to develop.
The challenge of developing a new Core Banking system is to elevate the IT architecture to meet the demands of the new decade – modern, stable, secure, and capable of accommodating increasing transactions round the clock, improving services and catering to the growing digital transactions trend.
Source: Press Release
TLDR: Kasikorn Bank is partnering with Sunline to upgrade their Core Banking system, aiming to enhance their IT infrastructure to meet modern digital transaction needs.
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