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The BFSI sector—Banking, Financial Services, and Insurance faces constant pressure to innovate securely while managing costs and compliance. For leaders seeking scalable and secure digital transformation, IT outsourcing in Vietnam offers a powerful solution.
This article helps BFSI executives discover Vietnam’s most trusted IT outsourcing partners, from industry giants to fintech-focused innovators. You’ll learn how each provider supports core banking, cybersecurity, AI, and cloud modernization — plus insights on how to choose the right partner for your institution.
Key Takeaways
- Vietnam is rising as a BFSI outsourcing hub, offering cost efficiency, technical excellence, and compliance-ready solutions.
- Fintech specialists such as Sosene, KMS Solutions, and Savvycom bring agility and domain expertise in AI, cloud, and mobile banking.
- Security and compliance are key — top partners ensure PCI DSS, ISO 27001, and GDPR standards.
- The best partner choice depends on project scope, security needs, and integration capabilities.
Further Reading
Vietnam’s BFSI IT Outsourcing Landscape
Vietnam’s BFSI technology scene has evolved rapidly, blending global delivery models with strong local talent in software engineering, cybersecurity, and fintech. With competitive labor costs (30–50% lower than regional averages) and world-class infrastructure, the country has become a preferred outsourcing destination for global banks and fintechs.
Outsourcing in BFSI typically covers:
- Core banking system modernization.
- Cloud and AI integration.
- Data analytics and risk management platforms.
- Secure digital channels (apps, e-wallets, and online banking).
- Regulatory compliance support.
Agile and Fintech-Focused Specialists
1. Sosene – Agile IT Outsourcing Partner for BFSI Digital Evolution
Sosene stands out among Vietnam’s new-generation outsourcing companies for its agility, security focus, and BFSI specialization. The company partners with banks, insurance firms, and fintechs to develop secure digital platforms, cloud-native solutions, and customer-facing applications that enhance user experience while maintaining compliance.
Key strengths include:
- Expertise in digital onboarding, data-driven personalization, and API integration.
- Proven success in AI-powered credit scoring and automated compliance workflows.
- Scalable team models combining onshore consulting with offshore delivery efficiency.
2. KMS Solutions
KMS Solutions is a technology partner with deep BFSI experience, helping financial enterprises build digital products, investment platforms, and regtech solutions. The company focuses on accelerating digital transformation through innovation and data-driven design.
Key strengths include:
- Proven BFSI track record with focus on fintech and regtech product engineering.
- Expertise in cloud-native architecture and microservices integration.
- Strong delivery governance ensures scalability and cost efficiency.
3. Savvycom
A fast-growing Vietnamese IT outsourcing company, Savvycom focuses on fintech, digital banking, and enterprise application development. The company is known for its robust security, cloud-native infrastructure, and user-centric digital experiences.
Key strengths include:
- Deep expertise in mobile banking, AI-driven personalization, and UI/UX design.
- Strong commitment to security and regulatory compliance.
- Experience with global BFSI clients in APAC and Europe.
4. Orient Software
With nearly two decades in the industry, Orient Software delivers custom-built fintech systems, data compliance solutions, and digital banking platforms for BFSI clients worldwide. Its engineering team brings strong capability in integrating machine learning and real-time analytics into financial workflows.
Key strengths include:
- Deep BFSI project experience across Asia and Europe.
- Specialization in data governance, fraud detection, and compliance automation.
- Proven quality assurance and continuous delivery methodologies.
5. SmartDev
Founded by Swiss entrepreneurs, SmartDev merges European quality standards with Vietnam’s engineering talent. The company provides end-to-end software outsourcing for fintech — from mobile payment systems to digital lending applications.
Key strengths include:
- Expertise in mobile payment solutions and fintech compliance.
- Swiss-backed project management standards ensuring reliability.
- Agile development model ideal for startups and mid-size BFSI companies.
6. SotaTek
SotaTek is a global software and blockchain development group offering AI-driven and decentralized BFSI solutions. The company supports digital asset platforms, smart contract development, and secure data management for financial enterprises.
Key strengths include:
- Pioneering experience in blockchain, AI, and fintech innovation.
- Strong R&D in decentralized finance (DeFi) and Web3 applications.
- International team serving clients in the U.S., Japan, and Korea.
7. EZtek Software
EZtek specializes in custom fintech applications for small and mid-sized financial firms. Its flexible delivery model helps clients deploy payment systems, transaction monitoring tools, and data security solutions rapidly.
Key strengths include:
- Fast delivery of tailor-made BFSI applications.
- Strong technical focus on data protection and payment automation.
- Competitive pricing and agile sprint-based collaboration.
8. Adamo Software
Based in Hanoi, Adamo Software develops fintech and blockchain products including e-wallets, asset management tools, and investment apps. Its team excels at rapid prototyping and early-stage product innovation.
Key strengths include:
- Domain experience in fintech, DeFi, and mobile application development.
- Strength in UX/UI design and agile MVP delivery.
- Capability to integrate modern tech stacks into regulated BFSI environments.
9. FPT Software
As Vietnam’s largest IT outsourcing company, FPT Software has built a proven reputation serving Fortune Global 500 banks and insurance firms across Asia, Europe, and North America. The company’s BFSI portfolio spans core banking modernization, AI-powered risk analytics, and end-to-end cloud migration—all underpinned by strict data security and global compliance standards.
Key strengths include:
- Deep BFSI expertise across digital banking, automation, and data intelligence.
- Proven delivery for multinational banks and financial service institutions.
- Robust compliance framework certified under ISO 27001, PCI DSS, and SOC 2 standards.
10. CMC Global
With over 20 years of industry experience, CMC Global is one of Vietnam’s most trusted names in IT outsourcing for BFSI institutions. The company specializes in cybersecurity, risk management, and fintech application development, supported by its in-house Security Operations Center (SOC) for real-time threat monitoring. CMC Global has become the go-to partner for banks and insurance providers seeking both scalability and security in digital transformation.
Key strengths include:
- Advanced cybersecurity and compliance services ensuring BFSI-grade protection.
- Expertise in core banking systems, digital payments, and risk analytics.
- Global presence with dedicated BFSI delivery centers across Vietnam and Japan.
How to Choose the Right IT Outsourcing Partner
Assess Project Scale and Complexity
For large-scale digital transformation, companies like FPT and CMC are ideal. Smaller firms like Sosene or EZtek excel in agile, high-impact projects with shorter delivery cycles.
Prioritize Security and Compliance
BFSI outsourcing requires airtight data security. Look for certifications such as ISO 27001, SOC 2, and PCI DSS, which firms like CMC, Savvycom, and Orient already possess.
Evaluate Technological Expertise
Ensure your partner has proven experience in AI, cloud computing, API management, and blockchain — critical components of BFSI technology innovation.
Check Global Delivery Experience
Choose a company with an established global client base. Firms like Sosene and KMS offer hybrid delivery models that blend onshore consulting and offshore execution for cost efficiency and quality assurance.
Conclusion
The Vietnamese IT outsourcing market for BFSI is thriving — offering world-class talent, competitive costs, and deep sector expertise. Whether you’re a bank modernizing legacy systems or a fintech scaling globally, partnering with the right outsourcing provider ensures agility, security, and innovation.
Sosene represents this new generation of partners — agile, secure, and BFSI-focused — capable of powering your institution’s digital transformation with confidence.
Ready to explore outsourcing opportunities for your BFSI business?
Contact Sosene for a tailored consultation on how to build secure, scalable, and compliant digital systems for your financial operations.
Citations
FAQs
What is IT outsourcing for BFSI institutions?
It refers to hiring external technology partners to manage, develop, or secure digital systems for banks, financial services, and insurance organizations.
Why should BFSI companies outsource IT to Vietnam?
Vietnam offers skilled engineers, cost efficiency, strong cybersecurity practices, and BFSI-compliant services backed by international standards.
How do IT outsourcing companies ensure BFSI compliance?
They follow standards like PCI DSS, GDPR, and ISO 27001, ensuring data protection and regulatory alignment.
Which is the best IT outsourcing company for BFSI projects?
Leaders include FPT Software, CMC Global, and Sosene, depending on project scale and specialization.
How to evaluate a BFSI outsourcing partner?
Check their security credentials, past BFSI projects, and integration capabilities with core banking and fintech systems
