Breakthrough in BFSI and AI: ST3.BFI wins consecutive major awards from FSOFT  

In just the first four months of the year, ST3.BFI – one of the core units of FPT Americas (FAM) has consecutively won three GIGA awards from FSOFT HO. These achievements not only broaden the unit’s footprint in Insurance, Data AI, and Low Code but also affirm its pioneering spirit in delivering new technology solutions.

Mr. Harry Hung Tran (FAM.ST3.BFI) – VP, Head of BFSI Business, shared that ST3.BFI’s key objective this year is to achieve at least 30% growth, with a strategy centered around three areas: Insurance, Data AI, and Low Code. These are the core programs that the division considers the foundation for sustainable development in the competitive and ever-evolving BFSI environment.

According to Mr. Hung, the digital transformation trend is accelerating across the financial sector, particularly in insurance, creating significant opportunities for ST3.BFI to leverage its technological strengths, optimize operational processes, and deliver greater value to clients. ST3.BFI’s success stems from close collaboration among Sales, Presale, and Delivery teams from offshore units such as GIF.HCM, GIF.DN, FHM.QAI, FCG, and F1, enabling the unit to quickly engage clients and design highly practical solutions.

Facing various challenges in Insurance, the team has proactively invested in building capabilities over the past two years, while also recruiting top industry experts, such as a CTO from a major payment company and an ex-CIO from IBM, to serve as advisors and mentors. As a result, ST3.BFI has welcomed four new Insurance clients in just the past two years.

Among the outstanding AI projects, Harry highlighted the claim pilot project for an Insurance client—ST3.BFI’s largest banking and finance project to date in the European and American markets. In addition, the team successfully delivered a fixed-price AI project valued at $1.3 million for FAM, which required a high level of technical expertise and was highly rated by the client. Notably, the client’s CTO even visited Vietnam to share experiences and explore new cooperation opportunities.

Under Harry Hung’s leadership, who has nearly 20 years of experience in BFSI, ST3.BFI closely collaborates with units such as GIF to develop its workforce and focuses on Insurance services to build a competitive edge in the global market.

ST3.BFI’s outstanding advantage lies in its wealth of experienced professionals, including multiple CTOs and experts with over 30 years in the industry, alongside a core team with more than 15 years of dedication to BFSI. With extensive hands-on experience from numerous projects, including those with major clients in APAC—ST3.BFI has built valuable case studies, laying a solid foundation for expansion into the US market.

Recent deals and projects have strengthened ST3.BFI’s standing with clients and enhanced its reputation within FPT.

Looking ahead, the team aims to expand its customer base further across various sectors, create more successful case studies, build a strong workforce, and strengthen collaboration with delivery units in Vietnam.

With a clear strategic vision, a strong One Team spirit, and solid technical expertise, ST3.BFI is expected to continue maintaining its pioneering position and accompany clients on their digital transformation journey.

MaiNP3