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SINGAPORE, January 31, 2023 - Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that it has been recognized as a Notable Vendor in the Digital Banking Engagement Platforms (DBEPs) Landscape Report, Q1 2023, published by leading research and advisory firm Forrester. The report aims at helping digital leaders in banking, understand the value they can expect from a DBEP vendor, learn how vendors differ, and select one based on size and market focus.

In this new report, Forrester provides an overview of 38 digital banking solutions. The DBEPs’ report identifies Azentio Software as a Notable Vendor in the Financial Services & Insurance industry in the Middle East & Africa (MEA) and Asia Pacific (APAC) geographies for end-to-end DBEP offerings.

Forrester defines a DBEP ‘as a cross-channel/omnichannel banking solution that enables an integrated, seamless, and comprehensive customer and employee experience across touchpoints.’ The firm explains that a DBEP’s typical functionality includes agile support for banking and channel-specific business requirements, analytics, digital sales and marketing, engagement infrastructure, and a single view of customers, products, and services.

The report elaborates that banks use DBEPs as a standalone solution supporting all customer engagements across most or all channels, in combination with specialized solutions such as conversational AI. They can also use it as an engagement hub to leverage channel-specific functionality and engagement infrastructure via APIs to deliver differentiating mobile and digital apps more rapidly.

It also identifies four core use cases most frequently sought by banks: onboard new retail banking customers; originate consumer products; provide consumer account management; and improve digital customer service.

Azentio’s end-to-end DBEP offering addresses these core use cases with advanced digitalization features that enable omnichannel capabilities, self-service digital suite, and advanced security practices. With a strong three-decades legacy in providing technology-enabled innovation in financial services, Azentio today serves over 250 financial institutions across 45 counties. Azentio ONEBanking Digital solutions enable enterprises, both in the conventional and Islamic financial services sectors, to continually and swiftly define and redefine customer engagements across the entire spectrum of functions - lending, core banking, treasury, and trade finance.

Tony Kinnear, Chief Executive Officer of Azentio, stated, “We believe this recognition is a true testimony of the maturity of Azentio ONEBanking platform for market adoption. Forrester’s mention adds to our credentials as a technology vendor who understands the value that banks need to deliver to their customers. We hereby reiterate our commitment to continue investing in our open end-to-end platform to deliver a modern architecture that helps our clients efficiently provide differentiated digital customer experiences that accelerate growth and loyalty.”

Forrester has earlier named Azentio as a Contender in The Forrester Wave™: Anti-Money-Laundering Solutions, Q3 2022 report and ranked it among Regional Pursuers in the New Named Deals category, a Major Cross Seller in the Extended Business category, and a Major Player in the Combined Deals category¹.

Access the Digital Banking Engagement Platforms (DBEPs) Landscape Report, Q1 2023, to find out why Forrester has recognized Azentio as a Notable Vendor in DBEPs. The report is available to Forrester subscribers or for purchase.

Identify The Winners In A Consolidating Banking Platform Market To Make Informed Transformation Decisions”, Forrester, May 18, 2022

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Azentio wins big at IBSi Digital Banking Awards 2024 News Banner
Azentio wins big at IBSI Global FinTech Innovation Awards 2024

Azentio Software's digital banking platforms shine at IBSI 2024 Awards, winning Segment Winner for SME/Corporate Banking, Regional Winner for MEA, and Segment Winner for Compliance Management.

Read more
AAOIFI Certified 2024
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HNB General Insurance launches Project Phoenix

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Read more
IBS Intelligence (IBSi) Global FinTech Innovation Awards 2023 Banner
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Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that it won two awards at the 5th edition of the prestigious IBS Intelligence (IBSi) Global FinTech Innovation Awards 2023. The awards were formally presented at the Cedar-IBSi Summit on Digital & Core Banking, recently held in Mumbai.

Read more
Tadhamon Bank Banner
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Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners announced today that Yemen-based Tadhamon Bank, one of the largest Islamic financial institutions in the Middle East and North Africa (MENA) region, upgraded to and is live with the latest version of iMAL, Azentio’s industry-leading digital Islamic core banking platform.

Read more
Azentio Wins at Global BankTech Awards 2023

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced it has won awards in three categories at the recent Global BankTech Awards 2023.

Read more
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Azentio CEO - Sanjay Singh
Azentio Welcomes Sanjay Singh as New CEO

Azentio Software (“Azentio“), a Singapore-based software products company owned by funds advised by Apax, is delighted to announce the appointment of Sanjay Singh as its new Chief Executive Officer. This strategic move marks

Read more
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Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners - offering a range of innovative software products - has been featured in Celent’s recently published Technical Capabilities Matrix, a part of the report, Financial Crime Compliance Technology: AML Transaction Monitoring Edition – 2023. Azentio’s AML Transaction Monitoring has been identified under the ‘Noteworthy Solution’ category in the report published by Celent, the leading research and advisory firm focused on technology for financial institutions.

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Azentio Software and Nityo Infotech Partnership

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, and Nityo Infotech, a global IT services company, today announced a formal partnership aimed at providing innovative and comprehensive technology solutions to the Banking, Financial Services & Insurance (BFSI) industry.

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Azentio achieves top ranking in IBSi Sales League Table 2023

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has announced that it has achieved top positions in multiple categories in the exclusive Leadership Club of IBS Intelligence (IBSi) Sales League Table (SLT) 2023, the globally acknowledged annual performance barometer for measuring technology supplier performance.

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Azentio Software’s iMAL is now live at Rammis Bank, Ethiopia

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that the latest version of its Islamic banking solution - iMAL, has gone live at Rammis Bank, a newly launched financial institution in Ethiopia specializing in Sharia-compliant products and services.

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HTC Global Services and Azentio Software Confirm Strategic Partnership

HTC Global Services, a US-based information technology and business process outsourcing services company, is proud to announce its strategic alliance with Azentio Software, a leading software products company headquartered in Singapore, to provide cutting-edge digital BFSI solutions. This new partnership will enable Azentio’s clients and channel partners in the banking and financial services industry to become future-ready organizations, and stay ahead of the curve with innovative, world-class solutions to support their core businesses.

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Al Taher Chemicals Trading Selects Azentio ONEERP

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has announced that it has won the Best Anti-Money Laundering Solution Award at the India Fraud Risk Management Summit & Awards 2023. The award was presented to Azentio at a well-attended ceremony on 10 February at Hotel Novotel, Mumbai.

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Azentio Software Wins Gold Award for Best Industry Cloud ERP for Manufacturing

Azentio Software is pleased to announce that it has been named Gold Winner of the ‘Best Industry Cloud ERP for Manufacturing’ category at the Middle East & North Africa Stevie® Awards, held on Saturday 18 March at Waldorf Astoria Ras Al Khaimah in the UAE.

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Azentio Software wins the Best Digital Lending Platform Award

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has won the Best Digital Lending Platform Award at the 10th Africa Bank 4.0 Summit – Pan Africa, held on 7-9 March at Radisson Blu Hotel, Nairobi, Kenya.

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Azentio Software Selected Best Technology Partner for Digital Transformation

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that it been recognized as a Notable Vendor in the Digital Banking Engagement Platforms (DBEPs) Landscape Report, Q1 2023, published by leading research and advisory firm Forrester. The report aims at helping digital leaders in banking, understand the value they can expect from a DBEP vendor, learn how vendors differ, and select one based on size and market focus.

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Azentio Software wins the Best Anti-Money Laundering Solution Award

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has announced that it has won the Best Anti-Money Laundering Solution Award at the India Fraud Risk Management Summit & Awards 2023. The award was presented to Azentio at a well-attended ceremony on 10 February at Hotel Novotel, Mumbai.

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Azentio Software’s iMAL™ R14.6 awarded AAOIFI’s compliance certification for 2023

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that iMAL™ R14.6, the latest version of the company’s Islamic core banking platform, has successfully gone through the annual compliance exercise and received the certification for the year 2023 from the Accounting and Auditing Organization for Islamic Financial Institutions - AAOIFI, the world’s leading Islamic finance standard-setting body.

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Azentio Software wins the Best Digital Lending & Collections Implementation Award

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Best Digital Lending and Collections Implementation Award for the Most Impactful Project’ at the 4th edition of the IBS Intelligence (IBSi) Global FinTech Innovation Awards 2022.

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National Bonds in UAE selects Azentio’s iMAL

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced today that National Bonds, the UAE’s leading Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has selected Azentio’s market leading Islamic Banking solution, iMAL, to support its quest to improve process efficiency, enhance internal controls and deliver an exceptional customer experience as part of National Bonds ambitious growth strategy.

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Azentio Software wins Excellence in Islamic Banking Solutions Award 2022

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Excellence in Islamic Banking Solutions’ award at Finnovex Saudi Arabia 2022, for the Azentio ONEBanking Islamic Software Suite, an industry-leading technology and best-selling Islamic core banking suite globally.

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Azentio Software Wins ‘Best Industry Cloud ERP Provider’ Award 2022

SINGAPORE, October 13, 2022 – Azentio Software is delighted and proud to announce that it has been chosen as the winner of the ‘Best Industry Cloud ERP Provider’ award at the prestigious ICT Leadership Awards 2022, for its next-generation industry cloud enterprise resource planning solution – Azentio ONEERP.

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Azentio Software wins Best Wealth & Investment Technology Company Award

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Best Wealth & Investment Technology Company’ award at the Wealth & Investment Summit & Awards 2022, for the MFund Plus™ Investment Management Suite, its flagship software product for capital markets.

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Azentio Software is now a member of PIKOM

Azentio Software is pleased to announce its affiliation with PIKOM, The National Tech Association of Malaysia, the single largest association representing Malaysia’s ICT industry.

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Azentio Software recognized in Anti-Money Laundering Solutions

Azentio Software announced that it has been named as a Contender in The Forrester Wave™: Anti-Money Laundering Solutions, Q3 2022 report.

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SICOM GIN goes live with Azentio Health Insurance Platform

We are excited to announce that SICOM GIN, has successfully gone live with the Azentio Health Insurance platform along with the mobile application to digitalize its health insurance business.

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Azentio achieves leadership position in the IBS Intelligence Sales League Table 2022

Azentio Software is pleased to announce it has achieved high rankings across multiple categories in the IBS Intelligence (IBSi) Sales League Table (SLT) 2022.

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Banque Populaire de Mauritanie goes live with Azentio’s iMAL

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that Banque Populaire de Mauritanie (BPM), one of the largest financial institutions (FIs) in Mauritania, has gone live with the R14.5 version of iMAL, Azentio’s Core Banking Platform, to meet the multiple technology requirements imperative for its planned business growth.

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NIC General Insurance Co goes live with Azentio Insurance Platform

We are excited to announce that the NIC General Insurance Co. owned by the Government of Mauritius has gone live with Azentio Insurance suite to manage its general insurance business along with the agent portal.

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Shinhan Life Insurance goes live with Azentio’s digital solution

We are excited to announce that Shinhan Life Insurance Vietnam (SHLV), a life insurance subsidiary of Shinhan Financial Group, Korea has gone live with its website and Azentio’s end-to-end bilingual digital solution in just three months.

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Azentio ranked as Regional Pursuer in New Deals in Global Banking Platform Deals Survey 2022

Azentio is pleased to announce it has progressed across multiple categories in the Global Banking Platform Deals Survey 2022, published by leading research and advisory firm Forrester.

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APS Islamic Microfinance goes live successfully with Azentio’s iMAL™

Azentio Software is pleased to announce that it has delivered a swift launch of its iMAL™ platform at APS Islamic Microfinance Co. Ltd, a subsidiary of APS International, the leading international money transfer service provider in The Gambia.

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Azentio Software wins Islamic Digital Banking Provider Award 2022

SINGAPORE, May 23, 2022 – Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Islamic Digital Banking Provider of the Year’ award at the prestigious MEA Finance Banking Technology Summit & Awards 2022, for its Shariah-compliant core banking platform offering – iMAL™.

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Mama Sauce Factory for Food Industries selects Azentio’s Orion™11j

Azentio Software, a Singapore-headquartered software products company is pleased to announce that the company’s award-winning software Orion™11j has been chosen by Mama Sauce Factory for Food Industries in KSA for a massive digital transformation to achieve agility at scale across the enterprise.

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Ghana’s BigPay goes live with Azentio’s Amlock™

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that BigPay, a Ghana-based global digital payment solutions company, has gone live with Amlock™, Azentio’s Financial Crime Detection and Management Solution (FCDMS).

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Azentio wins ‘Excellence In Digital Banking Solutions’ Award 2022

Azentio Software announced today that it has won the ‘Excellence In Digital Banking Solutions’ Award at the eminent Finnovex East Africa Summit 2022, for its Kastle™ Digital Solution.

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Masharie selects Azentio Software’s Orion™ 11j

Masharie, a Dubai-based venture capital company has selected Azentino’s Software Orion™11j...

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Anti-Money Laundering (AML) Solutions
Azentio included in Now Tech: Anti-Money Laundering (AML) Solutions, Q1 2022 report

Azentio Software announced today its inclusion in Forrester’s Now Tech: Anti-Money Laundering (AML) Solutions, Q1 2022 report.

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Bank of Abyssinia (“BoA”) has gone live with iMAL*IslamicFinancing & iMAL*ProfitCalculationSystem

Azentio Software successfully delivered in record time its Shariah-compliant profit calculation and distribution system for Bank of Abyssinia’s Islamic window operations.

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Azentio Software Middle East appraised at Maturity Level 5 of CMMI V2.0 Model

Azentio Software is pleased to announce that its Middle East Banking Division has been appraised at Level 5, the highest maturity level of the CMMI Institute’s Capability Maturity Model Integration (CMMI)® for New Product Release and Implementation.

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Azentio’s MFund Plus™ goes live at Samco Mutual Fund, India

Azentio Software today announced that Samco Mutual Fund, India’s youngest asset management service provider, has gone live with MFund Plus™, Azentio’s Asset Management Solution, for its front-office business processes.

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Azentio Software wins the InsureTek Core Transformation Leader of the Year Award 2022

The award was presented during the InsureTek Middle East 2022 International Conference and Golden Shield Excellence Awards ceremony, at the Address Dubai Marina, UAE, on February 9 &10.

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Samco Mutual Fund, goes live with Azentio’s MFund Plus™

Samco Mutual Fund, the youngest asset management service provider in India, has gone live with MFund Plus™, Azentio’s Asset Management Solution, to meet its front-office business process requirements.

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Tier 1 bank in Tanzania chooses Kastle™

Our client, a Tier 1 bank in Tanzania, has signed a deal with Azentio for the implementation of Azentio Banking’s Kastle™ Corporate Loan Origination System (C-LOS). This will be Azentio’s first direct solution implementation deal in the country for any variant of Azentio Banking’s Universal Banking Solution.

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Azentio awarded AAOIFI’s certificate of compliance for iMAL™ R14.5

iMAL™ R14.5, the latest version of the company’s Islamic core banking platform, has successfully completed the annual certification review for the year 2022 by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

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Sanlam Vie Plc, Rwanda goes live with Azentio Digital Solutions

Sanlam Vie Plc, Rwanda has gone live with Azentio Insurance’s enterprise document management system in a years’ time. The Data Scan Online Solution has helped the client digitalize their operations using an in-built workflow process across all lines of business including claims, underwriting, accounts, commercial, agent licensing, legal and human resources.

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Azentio wins 5 key awards at IBSi Awards 2021

 Azentio Software (“Azentio”), a Singapore-headquartered software products business owned by funds advised by Apax Partners, today announced that it has won five awards at the IBS Intelligence (IBSi) Global FinTech Innovation Awards 2021.

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10 insurers in UAE comply with IA regulations

Azentio Software is proud to announce the successful implementation of Insurance Authority’s data submission requirement for 10 insurers in UAE. The regulation seeks a trusted digital environment throughout the UAE with additional upgrades and improvements on the cards to facilitate this vision.

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Azentio’s acquired company, Path Solutions is announced winner in 3 categories at Fintech Prize 2021

Path Solutions, a leading Islamic technology provider, recently acquired by Azentio Software, was ranked highly and named a winner in three categories among top firms worldwide at the recently held Faster Community’s Fintech Prize 2021 on December 1st via a virtual ceremony.

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Age Intrade LLC goes live with Orion™ 11j

We are excited to announce that Age Intrade LLC, a leading GCC steel import, stockist, trade, and distribution company, has upgraded to Orion™11j.

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A Islamic Insurer in Brunei selects Azentio's Portal Solutions

The client is an existing user of Azentio’s globally acclaimed Insurance Solutions Suite and chose Azentio Insurance’s B2B Portal for agents to meet their current set of challenges.

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A leading investment company in the Gulf selects Orion™ ERP

We are happy to announce that a prominent investment group, in the Gulf region, has selected Orion™ ERP to leverage group consolidation benefits across its eight entities.

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A Frontline Captive Service Provider in India Upgrades to Orion11j

A leading captive service provider for one of the most popular banks in India has upgraded to Orion11j to effectively digitize their business processes. The customer has had a mutually beneficial partnership with Orion™ for over a decade. Implementing Orion11j will help the customer to move to a completely web-based application.

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A leading trading entity in U.A.E. selects Orion™11j

We are excited to announce that a prominent trading company offering customized solutions for Plant and Machinery requirements, has selected Orion™ ERP to upgrade their legacy systems to meet the company’s growth.

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Leading Ethiopian bank selects Amlock™

A leading Ethiopian private commercial bank has selected Amlock™, Azentio’s Financial Crime Detection and Management Solution, to ensure compliance with Ethiopian and international anti-money laundering (AML) regulations.

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GA Insurance, Kenya upgrades to Azentio Insurance’s Premia™ Astra

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced today that National Bonds, the UAE’s leading Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has selected Azentio’s market leading Islamic Banking solution, iMAL, to support its quest to improve process efficiency, enhance internal controls and deliver an exceptional customer experience as part of National Bonds ambitious growth strategy.

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A leading life insurer in Thailand chooses Azentio Digital Solutions

A leading Life Insurer in Thailand has gone live with Azentio Insurance’s document management system in September 2021. The client is an existing user of Azentio Insurance’s group life core solution – a dynamic, bilingual advanced application with innovative process automation features and a proven track record of benefitting life insurers globally.

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A leading insurer in Thailand has gone live with Azentio™ digital solutions

A leading insurer in Thailand has gone live with Azentio™ Insurance’s digital policy servicing and digital claims transactions solutions helping bring basic automation and ensuring their team can perform their daily operations from home during the pandemic.

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Ghanaian fintech start-up selects Amlock™

A cutting edge fintech start-up based out of Ghana has chosen Amlock™, Azentio’s Financial Crime Detection and Management Solution, to meet its anti-money laundering (AML) compliance and international money transfer monitoring requirements.

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Shinhan Life Insurance, Vietnam Chooses Azentio's Portal Solutions

Shinhan Life Insurance, Vietnam (SHLV), a life insurance subsidiary of Shinhan Financial Group, Korea chooses Premia’s™ end-to-end bilingual web portal solution. The digital front-end is an interactive insurance solution helping insurance companies increase cost savings and sales capabilities.

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A leading insurer in the Philippines selects Premia™ Astra

A leading insurer in Philippines, has selected Premia™ Astra, an end-to-end integrated solution built on contemporary technology. Implementing the solution will help the insurer deliver better quality products and services and engage strongly with their customers.

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A Leading Japanese Insurer Chooses Azentio's Digital Solutions

A leading Japanese non-life Insurance service provider has chosen Premia’s™ eCargo web portal, claims mobile application, and motor mobile application, part of Premia’s™ digital solutions to strengthen its operations in Egypt.

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Fidelity Printers and Refiners Pvt. Ltd. goes live with Orion™11j ERP

We are happy to announce that Fidelity Printers and Refiners Pvt. Ltd. – Zimbabwe, has gone live with Orion™11j ERP. This programme was completed in just four months starting from April 2021. The first phase of the programme went live in August 2021 and the project is on track to complete two additional modules shortly.

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Al Huraiz Est. goes live with Orion™11j ERP Suite

We are delighted to announce that Al Huraiz Est., a conglomerate in the UAE dealing in a wide range of industrial verticals, has gone live with our Orion™11j ERP suite.

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Azentio Software acquires Path Solutions

Azentio is pleased to announce the signing of a binding agreement to acquire certain software assets from Path Solutions (including the flagship products iMAL™, iShraq™, Path Digital and Path Analytics), a leading provider of core banking software.

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AFNIC selects Orion™11j

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced today that National Bonds, the UAE’s leading Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has selected Azentio’s market leading Islamic Banking solution, iMAL, to support its quest to improve process efficiency, enhance internal controls and deliver an exceptional customer experience as part of National Bonds ambitious growth strategy.

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MFund Plus™ recognized in The Wealth Mosaic’s APAC WealthTech Landscape Report 2021

MFund Plus™ – Wealth & Asset Management Platform recognized in The Wealth Mosaic’s APAC WealthTech Landscape Report 2021

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An Insurtech leader excels in global market expansion by embracing adaptive transformation

Romil Turakhia, Head of Markets at Azentio in conversation with the team from Co Mantis, our partner in Europe.

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CEO, Anthony Kinnear’s interview in Mergermarket

Apax Partners–backed Azentio flags Asia, MEA as key markets for organic growth, bolt-on

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Azentio Software announces the acquisition of Beyontec Solutions

Azentio Software is pleased to announce that it has signed a binding agreement to acquire Beyontec, a leading insurance technology company.

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Azentio Software Acquires Candela Labs

Azentio Software is pleased to announce that it has acquired Candela Labs, a technology firm specialising in automation and digital solutions for insurance firms.

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Azentio Software ranked among top players by the IBS Intelligence Sales League Table 2021

Azentio Software’s products Kastle™ Universal Lending Solution and Amlock™ make it to the IBSI SLT Leadership Club 2021.

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Azentio Software appoints Tony Kinnear as CEO

Azentio Software (“Azentio” or the “Company”), a Singapore-headquartered software products business owned by Funds advised by Apax, is pleased to announce that it has appointed Tony Kinnear to the role of Chief Executive Officer (CEO), effective immediately.

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Azentio Software, a wholly owned company by Apax Partners, acquires 3i Infotech’s software product business

3i Infotech Limited, a global information technology company, today announced that it has entered into a definitive agreement to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion.

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