Hong Kong – Tencent Cloud, the cloud division of tech corporation Tencent, has formally partnered with Allo Bank, a digital banking platform in Indonesia. The partnership will further fuel Allo Bank’s operational expansion.
Tencent Cloud has been helpful in improving the Allo app by integrating top-notch, secure services in order to achieve Allo Bank’s aim of offering financial services to Indonesia’s underbanked population, particularly the adept at technology youth.
Since 2021, Tencent Cloud has built two Internet Data Centers (IDC) in Indonesia, demonstrating its commitment to meeting the country’s growing commercial demands. With this, Tencent Cloud is prepared to offer solutions made especially to meet the needs of Allo Bank by drawing on its years of experience and knowledge of the regional market.
The use of the reliable and scalable database management technology TDSQL is one of Tencent Cloud’s contributions. This technology gives the bank the computational and storage power it needs to manage significant amounts of data in an effective and efficient manner.
Jimmy Chen, Vice President of Tencent Cloud International and Managing Director of South East Asia, said, “We are pleased to enhance digital banking in Indonesia with cutting-edge technology such as TDSQL. Leveraging our years of global experience and expertise, Tencent Cloud is confident in providing Allo Bank with tailored solutions and services that fulfill its specific needs. We look forward to more collaborations in the future, including partnerships for additional solutions and services like eKYC.”
Meanwhile, Indra Utoyo, President Director and CEO, Allo Bank, expressed, “Thanks to our valuable collaboration with Tencent Cloud, Allo Bank has been given a large boost in achieving its goals of managing vast amounts of data, handling high-frequency transactions, ensuring online security, and managing risk control – with the aim of providing a revolutionary service to all digital banking users in Indonesia. We foresee an even more fruitful future with Tencent Cloud, as we set up plans to utilize more of their high-quality and highly reliable technology.”
