Banking and payments services technology provider FIS will be offering real time core banking solution for Thailand’s Kasikornbank. The system will be for deposit products. Kasikornbank, the fourth largest bank in Thailand, needed to replace its existing core banking system. It turned to FIS because of the successful implementation of the FIS core banking solution in Thailand. FIS’ Profile core solution will allow Kasikornbank to support the high-volume growth it is experiencing with a customer-centric approach across all of the bank’s channels, said Raja Gopalakrishnan, group managing director – Asia Pacific, FIS. According to Somkid Jiranuntarat, executive vice president of the bank, as a growing bank, it already is serving more than 10 million customers and it is eager to have an integrated solution like the FIS suite, which gives top-quality core processing solution it needed. Established in 1945, Kasikornbank has assets of more than 2,240 billion baht. It serves over 12 million individual and commercial customers through nearly 915 domestic and overseas branches.
