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NEC responds to government policy, joins forces with Avaloq and Banqsoft to penetrate the Thai digital finance market

NEC, a leading IT company in Japan Joining forces to merge with Avaloq, a leading wealth management firm, and Banqsoft, a well-known and experienced developer of digital banking services from Europe, to penetrate the Thai digital finance market.

Neichiro Kurihara, President of NEC Corporation (Thailand) Ltd. (Mr. Ichiro Kurihara, President of NEC Corporation (Thailand) Ltd.) revealed NEC’s operations at the 2022 BOT Digital Finance Conference organized by the Bank of Thailand during 27-27 October 29, 2022 at the Learning Center Building. Bank of Thailand that the company aims to support government policies. who want to develop a digital transaction system in the country with the goal of turnover of the Digital Finance business in Southeast Asia by 2023 to grow to 30 million USD The first year strategy will focus on Thailand, Indonesia and the Philippines. The company merged Avaloq and Banqsoft, two leading developers of Wealth Management and Digital Bank respectively, and today the company has supplied those systems. already given to some Thai financial institutions

Mr. Ichiro Kurihara added that Avaloq and Banqsoft’s financial solutions are well suited to the needs of today’s financial institutions. as well as being able to meet complex consumer needs and has different needs Why the system Can provide services to a wide range of financial services such as Crypto currency transactions, digital banking, private banking and wealth management, offshore fund transactions and initial credit assessment. Automatic credit limit management at the time of repayment or withdrawing the loan amount and debt collection system. In addition, the system itself is highly flexible. Ability to change different working conditions in the system in accordance with the guidelines and policies of the Bank of Thailand and operations of financial institutions to be able to introduce new financial products to consumers Marketing solutions for the financial sector this time. The company intends to use technology and work experience from many countries around the world. To participate in Thailand’s digital finance policy guide.

The BOT Digital Finance Landscape will be held from 27-29 October 2022 and the company will bring exciting innovations and meet the needs of the Thai financial sector. to attend the exhibition at the Bank of Thailand Learning Center building Those interested in visiting or inquiring more about NEC products are welcome to visit. And participate to win a tablet or a smartwatch with VR games at booth B11 (2nd floor, Lan Puey, Zone B) from 9:00 to 16:00 onwards.

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