|Wednesday, 27 November 2002|
AsiaSoft ties up with Systems Access
AsiaSoft, one of the leading advanced Information Technology companies with a focused competency in the banking and finance sector, signed up with Systems Access, as its licensed partner for Symbols yesterday.
Symbols which is a scalable and high performance banking solution capable of handling multi million customer accounts and achieving transaction response times of less than 1.5 seconds, will be marketed, sold and implemented to the local banking sector by AsiaSoft. Established in 1983 and headquartered in Singapore, Systems Access is a leading global financial software provider of customer centric universal banking solutions with customers in over 20 countries across Asia Pacific, Europe, the Middle East and Africa.
Senior Vice President Asia Pacific of Systems Access, Ramesh Nava who was in Sri Lanka to sign the agreement said he was very pleased about the affiliation with AsiaSoft. "AsiaSoft has the right professional experience and strong marketing presence in Sri Lanka's financial market that is needed to address our target market", Nava said.
He said that a solution such as Symbols which has proven its superiority in design and performance, would bring a strong value proposition to the banks in Sri Lanka.
Managing Director AsiaSoft Sujatha Nadesan said there was tremendous opportunity in the partnership with Systems Access as there was a great need for Symbols cutting edge technology and customer centric nature which would enable Sri Lankan banks to leap frog into global competitiveness.
"Its ability to integrate easily with existing legacy systems is an important element for traditional banks who are looking at immediate time-to-market on line customer centric services", Nadesan said.
Symbols is built from extensive 800-man years of product engineering designed around a customer centric foundation and has over 30 modules to meet either a singular need or else to be integrated into a unified platform to deliver personalised financial services over multiple delivery channels, while maintaining collaborative one to one relationships with the customer. The partnership of AsiaSoft and Systems Access, coupled with the superior technology of Symbols, will enable local banks to adopt a broader and more universal approach towards becoming globally competitive.
Symbols will be demonstrated at a meeting where the Chief Editor of the Asian Banker, Emmanuelle Daniel will speak on the "Scale and sub scale: Sri Lankan banks in the face of Asia's Consolidating Financial Services Industry" today. The keynote speech at the meeting will be given by Secretary, Ministry of Enterprise Development, Industrial Policy, Investment Promotions and Constitutional Affairs Ranjit Fernando.
Produced by Lake House