Ranked first in credit rating and national leader | ASEAN
SINGAPORE, July 4, 2022 /PRNewswire/ — Azentio software (“Azentio”), a Singapore-technology company whose head office is held by funds advised by Apax partnersis pleased to announce that it achieved high rankings in several categories from the IBS Intelligence (IBSi) Sales League Table (SLT) 2022, which identified the leading banking solutions that made their mark in 2021.
Azentio earned first place at the 2022 IBSi SLT Industry Leader Special Awards for Credit Rating and National Leader | ASEAN. The company also made a strong showing in the 2022 SLT Leadership Club, being announced winners in the following categories:
- Compliance Management
- Data warehousing and business intelligence
- Loan | Detail
- Islamic – Loan | Detail
- Islamic – Universal Bank | Heart
Several other Azentio solutions also featured prominently in the report, including Digital Banking, Digital Solution, Corporate Lending, Treasury, Forex, Factoring and Asset Management.
While the special IBSi Industry Leader awards provide insight into the top vendors in each category and region, the SLT Leadership Club rewards top performing systems in different categories and geographies.
Azentio was also recognized as a Competitive Player in Universal Banking | the Core, Private Banking & Wealth Management, and Risk & Compliance categories; Breakthrough player in the Wholesale Banking and Digital Banking & Channels categories; and as a broader player in the lending category.
Commenting on Azentio’s performance, Robin Amlot, editorial director of IBS Intelligence said, “Singapore-, Azentio Software has established itself as a powerhouse of financial software solutions in the Middle East, Africa, India and South East Asia regions, as evidenced by its first placement in the industry leader IBSi SLT special awards in two categories. We congratulate the company on this performance and the depth and breadth of its portfolio, highlighted by the fact that Azentio’s products ranked first or second in 8 categories!”
Tony KinnerGeneral Manager of Azentio, said: “It is pleasing to see Azentio’s banking business making solid progress in several categories of IBSi’s SLT. This year, Azentio leads the Credit Scoring category with our famous credit score software powered by AI and ML algorithms, enabling financial institutions to make faster, more informed decisions about the creditworthiness of loan applicants with greater accuracy. Azentio also debuted its #1 ranking as the I ASEAN National Leader for the overall breadth and depth of its product line designed specifically for the needs of the region.”
Building on 20 years of experience, IBSi SLT 2022 showcased the business performance of banking technology vendors, objectively ranking the most sought-after products across 17 categories, with three new categories launched in this edition. It included system purchases made by more than 1,000 banks on more than 250 software products from 60 vendors across the Americas, Europe, Middle East, Africa, APAC and ASEAN. The number of transactions assessed this year was over 1,900 reported from 134 countries.
Azentio Software provides mission-critical and vertical-specific software products for customers in the banking, financial services and insurance industries. The company has over 1,000 customers in over 65 countries with a team of over 2,000 employees in offices in 9 countries around the world. Azentio Software Private Limited is 100% owned by funds advised by Apax Partners.
About IBS Intelligence
IBS Intelligence (IBSi) is the world’s only fintech-focused news research, advisory and analysis company with a 30-year track record and clients worldwide.
SOURCE Azentio Software Pvt Ltd