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Singapore mainboard listed Silverlake Axis Ltd. (SGX:5CP)(“SAL” or the “Group”) – ASEAN’s main core banking options supplier, has entered right into a strategic partnership settlement with Finastra, a world supplier of economic software program purposes and marketplaces. Below the settlement, Silverlake will be capable of supply Finastra’s best-in-class commerce finance options – together with Fusion Commerce Innovation and Fusion Company Channels – to prospects in ASEAN along with its in depth line of common banking choices.
Branded as ‘Silverlake Imaginative and prescient Commerce Finance’, the collaboration goals to supply an end-to-end suite of options that may underpin the operations of company banks searching for to faucet into the intra- and extra-ASEAN commerce community.
Silverlake Imaginative and prescient Commerce Finance is a unified commerce finance platform designed to streamline and automate home and worldwide working capital finance, together with documentary commerce and undertakings, financing and commerce loans, and provide chain finance. This sturdy operation hub is additional complemented by next-gen channel capabilities that present a frictionless interface for company purchasers throughout all product relationships.
The place prevailing, inefficient handbook processes would take days to finish, the confirmed options behind Silverlake Imaginative and prescient Commerce Finance are in a position to accomplish equal duties in simply hours. The discount of time, error, and alternative prices, particularly within the high-value nature of commerce financing, delivers a technological edge.
Andrew Tan, Group Managing Director of Silverlake Axis, stated, “From the onset, we acknowledged that our partnership with Finastra wanted to be an impactful one to our prospects and prospects alike. Combining Silverlake’s deep understanding of complicated technical solutioning with Finastra’s experience in commerce finance helps us create cutting-edge, related options for our purchasers to develop, remodel, and compete within the post-pandemic world.”
Having served the ASEAN monetary sector for over 30 years, Silverlake Axis has seen the area’s vibrant commerce ecosystem develop in world prominence, and with it, the banking sector’s demand for IT transformation. Finastra’s superior resolution design mixed with Silverlake’s incumbency among the many principal common, regional, and improvement banks of Southeast Asia brings a digitalized, end-to-end resolution for a comparatively underserved area that’s now ripe for innovation.
By the help of Silverlake’s and Finastra’s crew of subject-matter specialists, purchasers are actually in a position to strengthen their commerce finance transformation roadmaps with globally accredited consulting know-how, spanning from product conceptualization to undertaking administration, implementation, and testing.
Eric Duffaut, President and International Head of Buyer Relations of Finastra, says, “Coming along with Silverlake creates a novel alternative to ship world class front-to-back working capital finance options throughout ASEAN. Silverlake and Finastra’s respective strengths complement one another in a means that can allow us to achieve much more monetary establishments within the area, serving to to speed up digital transformation, gas their progress and drive competitiveness.”
About Silverlake Axis
Silverlake Axis Ltd. (“SAL”) is a number one enterprise expertise, software program and providers firm targeted on monetary providers and serves 40% of the highest 20 largest banks in Southeast Asia. Based in 1989, SAL has an impeccable monitor report of profitable supply of modern and transformative options to its enterprise prospects and their ecosystems. The Group has greater than 380 enterprise prospects in over 80 international locations throughout Asia, Europe, Center East, Africa and the Americas.
Below Axis Programs Holdings Restricted, SAL was listed on the SGX-SESDAQ on 12 March 2003. It was renamed Silverlake Axis Ltd in 2006 and the itemizing was transferred to the Mainboard of the Singapore Change on 22 June 2011. For extra details about SAL, please go to www.silverlakeaxis.com.
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