December 2023 – In this interview published in the Islamic Finance news (IFN) Annual Guide 2024, Sanjay Singh, Group CEO of Azentio Software, discusses key industry insights and trends, how BFSI will evolve in the next decade and all that is happening at Azentio and more importantly, how Azentio empowers its clients to reimagine business to drive growth.
Excerpts from the interview:
Are there any particular growth areas that you have identified in the verticals you cover?
A recent survey on financial crime showed that fraud is one of the top three predicate offenses of concern for firms globally. As concern about fraud accelerates, firms are placing a greater emphasis on the relationship between fraud and money laundering. This shift required organizations to restructure away from siloed fraud and anti-money laundering departments toward an integrated approach. Hence, we are investing heavily in our FRAML solution.
What was the most interesting project that Azentio worked on in the last year?
Winning the Islamic Bank Australia (IBA) deal. Azentio’s appointment by the first Islamic bank in Australia underscores our reputation as an established and trusted global Islamic software partner who consistently delivers pioneering, digital Shariah-compliant software products that transform the customer experience.
Click here to read the complete interview in the IFN Annual Guide 2024
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