By SearchSMBAsia Editors | Jun 26, 2009
Sun Microsystems and the Singapore Management University’s (SMU) School of Information Systems (SIS) will be collaborating on promoting academic and research interactions related to the technology and operational aspects of the financial services industry.
As part of a Memorandum of Understanding (MOU) signed by Sun and SMU SIS, Sun will draw upon its experience in providing technology and infrastructure systems to firms in the financial services industry to contribute to the development of new content for courses on banking technology at SMU. Sun, SMU and industry partners will hold regular educational updates, demonstrations and tours for SMU SIS students at the “Bank-on-Sun Center,” located at the Sun Solution Center.
The Bank-on-Sun Center is a showcase for Sun’s vision of next-generation retail banks. The showcase demonstrates innovative solutions for the future of banking, where banks can operate in flexible, open-concept environments; engage customers via mobile and web 2.0 channels; and execute sales campaigns through self-service automated terminals.
Through the MOU, SMU SIS students will be given around-the-clock access to the Bank-on-Sun Center. The students will be given the opportunities to explore how service delivery processes, software solutions and hardware infrastructure can work together to create the types of service delivery and personalized experience that will define the bank of the future.
As part of the agreement, Sun executives will conduct regular educational updates and share insights on technology and process innovations and trends in retail banking and other segments of the Financial Services industry. In addition, Sun banking solutions experts will actively provide corporate support, technical input, feedback, and case study examples for course materials related to SMU SIS modules on banking processes and technology. Sun will also field guest lecturers to share insights of global business and technology trends in the Financial Services industry.
The MOU will expand opportunities for SMU SIS undergraduate and postgraduate students to get hands-on experience with implementing and testing new banking technology solutions for service delivery. Students taking SMU SIS courses related to banking processes, technology, and integrated solutions will now be able to undertake hands-on projects for their courses or for their capstone “Final Year Project” requirement at the Bank-on-Sun Center. Access to this center will improve the practical value of capstone project work undertaken by both SMU SIS undergraduate and post-graduate students.
Also, through this MOU, the two organizations will jointly organize Sun-SMU Solution Days where projects completed by SMU SIS students using Sun technology or in collaboration with Sun's partner solutions are showcased.