SecurityWorldMarket

16/08/2014

Sinopac upgrades to Vivotek IP

Taipei, Taiwan

Bank Sinopac, a wholly owned subsidiary of Sinopac Holdings, aims at providing the best financial services and innovative product line to customers through its intensive branch networks.  To migrate from its existing surveillance system, the Bank Sinopac needed a new solution that was able to seamlessly integrate with its existing analogue framework.

The Bank Sinopac works on building a company that embraces "content shareholders, proud employees, happy customers, and public respect.” Statistics at the end of 2013 showed that Bank Sinopac accommodates approximately 5,500 employees, and possesses NT$59.6 billion in paid-in capital and NT$1,357 billion in assets. The bank has already established 129 branches in Taiwan alone, and has further expanded operations into Hong Kong, the United States, Vietnam, and China. With such an immense operations network, the security of each and every branch has become an increasing challenge for Bank Sinopac.

The previous surveillance solution adopted by Sinopac was primarily based on an analogue surveillance framework. Following the advancement in surveillance technology, the demand for video clarity and recognition capabilities have become increasingly apparent, especially around the teller area in banks where the bulk of transactions are handled. For Sinopac, a new solution was required that could seamlessly integrate with its existing analogue framework. Vivotek surveillance products, were considered to have outstanding image quality were therefore selected for the job. In this project, 75 Vivotek IP8362 network bullet cameras were suggested and installed. The project was comprehensively implemented in April and May of 2014, and is now already set up in 15 Bank Sinopac branches.

Vivotek IP8362 bullet network cameras were installed in the teller area of each Bank Sinopac branch to achieve a comprehensive coverage of the designated area. Both money transactions and the legal document processes can be recorded precisely and clearly. The camera comprises a 2-megapixel CMOS sensor capable of producing a video resolution of 1080p full HD at 30 fps. Designed with a removable IR-cut filter and built-in IR illuminators, the camera can adapt to constantly changing lighting conditions, making it a true day and night camera. Moreover, IP8362, with WDR enhancement, can clearly capture detailed features when an object of interest appears in locations like bank entrances where there is intense backlight.

William Ku, Vice President of Vivotek’s International Business Division, stated, "Because of the nature of legality and the huge bulk of money transactions, the banking industry spares no expenses in its security systems to reduce security risks. Taking into account the increasing demand for clear and detailed video footage, centralised security management of branches in various locations, intelligent video analysis for strengthening daily operation or suspicious object detection, and government regulations, the investment and deployment of IP-based security solutions is on the rise. Over recent years, we have accomplished several IP surveillance system implementations for banks in several countries in Asia and the Middle East. We are pleased that Bank Sinopac has adopted Vivotek’s network cameras for enhancing the security in its 15 branches. We look forward to extending the installation to other branches of Bank Sinopac around the globe in the future. ”



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