DBS Bank signs with Eontec

DBS Bank signs with Eontec

Singapore's DBS Bank has selected Eontec's component-based software as the foundation for its next-generation Internet and wireless banking services.

Dublin-based Eontec's product suite comprises of component-based customer banking applications including branch, e-banking, call centre, multi-channel lending and corporate payments.

The vendor says the software will increase the functionality and scalability of the bank's Web and mobile banking services. With half-a-million online customers, DBS Bank claims the largest Web banking user base in Singapore.

Lee Whye Choo, managing director of IT, DBS Bank, says: "We selected Eontec because of it's proven flexibility, performance and scalability. Our investment in Eontec will also enable us to subsequently deploy the common services components over other channels."

Eontec established a service centre in Singapore in January 2002 to provide licences and professional services for its products in the South East Asian markets.

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