--- title: "SACOMBANK Modernizes Core Banking with Temenos and IBM" type: "News" locale: "en" url: "https://longbridge.com/en/news/297074489.md" description: "SACOMBANK, a leading Vietnamese commercial bank, has successfully upgraded its Temenos Core Banking platform to a hybrid cloud environment using Red Hat OpenShift and IBM Power infrastructure. This modernization aims to enhance scalability, performance, and agility for digital banking and payments innovation. The upgrade supports retail and SME operations, processing 13 million daily transactions, while delivering significant efficiency gains, including a 200% improvement in application performance and faster deployment cycles." datetime: "2026-08-26T17:11:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297074489.md) - [en](https://longbridge.com/en/news/297074489.md) - [zh-HK](https://longbridge.com/zh-HK/news/297074489.md) generator: "portal-rs" --- # SACOMBANK Modernizes Core Banking with Temenos and IBM A cutting-edge core banking platform based on cloud technology has been introduced, offering improved speed and flexibility. This advanced platform serves as a stable base for accelerating innovation in digital banking and payment services. The platform promises faster operation, increased adaptability, and scalability, providing a strong foundation for enhancing banking and payment solutions. ### Related Stocks - [IBM.US](https://longbridge.com/en/quote/IBM.US.md) - [IBX.US](https://longbridge.com/en/quote/IBX.US.md) ## Related News & Research - [Stock of the Day: Will IBM Break Out and Head Higher?](https://longbridge.com/en/news/297680113.md) - [ADVISORY-Alert incorrectly tagged to Binh Thuan High Quality Plastic JSC withdrawn](https://longbridge.com/en/news/297791569.md) - [IBM backs model routing to steer AI workloads across providers as costs and performance shift](https://longbridge.com/en/news/297544618.md) - [India’s Quantum Journey Goes Beyond the Qubit](https://longbridge.com/en/news/297881605.md) - [IBM Just Hit a New Quantum Computing Milestone. How to Play IBM Stock Now.](https://longbridge.com/en/news/296817648.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**