TechNet 2016 Banking Robotic Day was solemnly held on 14 Oct 2016 at the Macau Tower Convention and Exhibition Centre. Top representatives of over 10 major banks operating in Macau including Bank of China, ICBC, Tai Fung Bank, Luso Bank and HK & Macau Foreign Currency Exchange companies attended the event.
With the decline of the gaming revenue in 2016, the Macau economic development driven by the gaming industry has entered into a period of adjustment. However, in the current business environment, rental, labor and operation costs is raising. In additional, requirement for Anti-Money launching (AML) compliance become more complex. How companies can improve the company performance by reduce the costs, increase revenue with limited resources also meet all statutory requirements at the same time? Resolving this predicament has become a major issue amongst all local enterprises, and this situation has directed Macau’s development towards “Robotic”.
TechNet, having been established in Macau for over 10 years, thoroughly understand the problems which Macau’s banking and foreign exchange companies is facing. Its Chief Business Director, Mr. PC.Wong, believes that innovative Automation Robotic is one of solution to resolve human resources shortage, FinTech application, integrating with global market and other critical challenges for Macau banking industry.
TechNet provides hardware, software development, ‘one-stop shop’ services with premier IT products and services to customers. Company pleased to alliance with Hibachi, IBM Financial Data Scientist Lab, Hitachi Financial System & ZIFT Financial Business Solution, Vive&Best, Novation professional entities to form a strategic & long run Macau professional team for Macau Intelligence Banking Robotic development.
Hitachi and its subsidiary company Hitachi Data Systems (HDS), the leading pioneer in social innovations and automation, have greatly contributed to the global financial sector through their Automated Teller Machines, end-to-end IT infrastructure and cloud solutions. IBM Financial Data Scientist Lab representatives will introduce Watson the intelligent software for robot. Novation strong design for Standards Operation Procedures (SOP) automation software. Vive&Best and ZIFT are focus on integrated Financial Business Solution.
By leveraging the strategy partnership alliance between Hitachi, IBM, Novation, Vive&Best and ZIFT and TechNet. We believe that Macau’s banking industry will overcome existing challenges of human resource shortage, increasing operation cost and difficult to adopt into global economic environment. Work together with Macau banking industry to enhance their global competitiveness through Automation Robotic.