Leverages cloud to innovate and become a digital banking leader
Bank of Ayudhya Public Company Limited, referred to as Krungsri, is the fifth largest financial group in Thailand in terms of assets, loans, and deposits, and is one of Thailand’s Domestic Systemically Important Banks (D-SIBs) with 73 years of history in the country. Krungsri is a strategic member of the Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group and one of the world’s largest financial organizations. Krungsri provides a comprehensive range of banking, consumer finance, investment, asset management, and other financial products and services to individual consumers, SMEs, and large corporations through 700 branches (663 banking branches and 37 auto business branches) and over 35,000 service outlets nationwide.
Krungsri’s goal is to become one of the most innovative financial institutions in the country by expanding online banking services, offering mobile banking applications, and enhancing customer service through Artificial Intelligence (AI).
As part of achieving their goal, Krungsri began by transforming its infrastructure from a fleet of servers and systems on premises to a hybrid architecture that leverages cloud-based infrastructure as a service.
To rapidly transform Krungsri’s infrastructure, Kyndryl™ helped Krungsri build a secure and resilient cloud-enabled infrastructure, migrating a strategic set of workloads to Amazon Web Services (AWS) datacenters, and managing the new hybrid environment.