Danamon has implementing Flexcube program
— yulyanto • July 5th, 2008
PT Bank Danamon Tbk has implementing Flexcube program from Oracle (one of market leading for information technology solution in the world) for their business in Self Employed Mass Market (SEMM).
Danamon agree and will using this program to expand their networking in micro financing area which called is “Danamon Simpan Pinjam (DSP)”.
Flexcube as platform core banking for DSP business and it will be more easier, quick and also very innovative for service banking.
DSP was designed to cover a small, middle and micro enterprise business needed in Indonesia.
DSP business as a strategic vision of Danamon Bank and it will developing million peoples who needs the solution for special design with more quickly, safety, completely, and also similar with convensional banking.
The transformation project for core banking in Danamon is one of the bigger implementation for core banking in ASIA region.
Danamon only need 5 months to implementing this program in their 700 branchs office in Indonesia.
Currently, Danamon Bank is the second posisition for private national bank and in the fifht largers for commercial bank in Indonesia (source information from IndoPacific Edelman for Oracle ASEAN: syamsul.arief@indopacedelman.com).
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