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More Banks in ASEAN Region Learnt How to Build Competitive Advantage with ABBYY Technologies at ABF 2013

ABBYY, a leading provider of document recognition, data capture and linguistic technologies and services, together with its strategic partner in Vietnam, DongKinh Investment and Development, took part in ASEAN Banker Forum 2013 (Ho Chi Minh, Vietnam) as sponsors and speakers at the Conference session Differentiation via operational excellence.

 

On November 19-20th, Ho Chi Minh City – the economic centre of Vietnam – hosted over 600 C-level delegates from leading banks and IT companies for the annual ASEAN Banker Forum featuring the theme “Achieving differentiation via channel transformation and operational excellence”. The participants gathered to discuss the newest trends and innovative solutions to enable successful development strategies for retail banks in Vietnam and other countries of South East Asia.

 

At the conference session, Mr. Igor Shkamratov, regional manager for SEA & MEA at ABBYY, addressed the banks’ top management raising one of the hottest questions: “Why it is impossible to improve operation and get ahead in severe competition without adoption of proper document and data capture systems?” Nowadays data and documents are essential for banking operations and workflow. Mr. Shkamratov analyzed the reasons of the situation and described the capabilities of software solutions based on ABBYY technologies with the unique support of Vietnamese and designed to valuable data “sealed” in paper documents and images. The audience showed a great interest in the highlighted features and usage scenarios such as single entry point for any types of documents, mobile capture and fraud detection.

 

«We have been trying to find a data capture solution for many years but up to this time no product could meet our demands. Although we know that there are many data capture solutions, the matter is that no solution can recognize Vietnamese and, therefore, they can not capture data from Vietnamese documents effectively. And ABBYY FlexiCapture is the best solution we have ever seen».- shared his impression Mr. Hung, director of the center of credits and loans, the Bank for Foreign Trade of Vietnam.

 

The organizers of the Forum, headed by IDG Public Sector, noted ABBYY’s contribution to the event and honoured the company with Contributing Sponsor award.

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