IBM said that with the implementation of the solution, the bank’s business units and branches in Vietnam will have a unified data warehouse and can automatically retrieve and collect data from discrete and separate sources.

IBM will deploy the new technologies at OCB headquarter as well as nationwide branch offices starting in September 2012.

The solution includes IBM Netezza data warehouse appliances and IBM Cognos Business Analytics software, IBM InfoSphere Data Stage solution, IBM Banking Datawarehouse Model and software services for banking data warehouse model.

The contract will also see IBM offer consulting services to OCB.

OCB general manager Doan Long said, "OCB aims to utilize the strength of IT in customer service, management, operation, business performance to enhance service quality and optimize customer satisfaction, and we have recognized the need to build a new information management strategy with high efficiency that meets the requirements of analytics, adequate investment cost and simple operation."