Silverlake Axis Ltd Wins Multiple Awards at Asian Banker Summit


Silverlake Axis Ltd Wins Multiple Awards at Asian Banker Summit

Silverlake Axis Ltd Multiple Awards At Asian Banker Summit

Singapore, 21 May 2014 – Singapore Exchange Mainboard listed Silverlake Axis Ltd (“Silverlake Axis” or the “Group”), a leading provider of Digital Economy Solutions and Services to major organisations in Banking and Financial Services, Payments, Retail and Logistics businesses, was the recipient of three prestigious awards at the Asian Banking awards ceremony held in Kuala Lumpur, Malaysia.  The awards ceremony was held in conjunction with the Asian Banker Summit 2014, the leading annual forum for global thought leaders in the Asia Pacific financial services industry. 

  1. Silverlake Axis and OCBC Bank won the ‘Best Cross-Border Core Banking Implementation Award’ for the standardization of the core banking system across Singapore and Malaysia. OneSIBS, a multi-entity, multi-country core banking system enables cross-country best practices and processes, as well as proven customer offerings to be quickly deployed over the same platform. It covers both conventional and Islamic banking capabilities.
  2. Silverlake Axis and Alliance Bank were awarded the ‘Best Self Service Banking Project Award’ for BizSmart, a unique online banking solution using mobile and electronic channels to reach out to a niche market segment of small businesses and sole proprietors. The platform offers a comprehensive range of cash management and other business tools specifically aimed at SME customers.
  3. Silverlake Axis is named winner of the inaugural ‘Vendor Satisfaction Survey Gold Award’. For this award category, the Asian Banker conducted a survey of over 40 financial institutions across the Asia Pacific and Middle East. Feedback were received from the financial institutions on the key considerations in their vendor selection process, their choice of leading vendors, vendors they enjoy working with and rating of the vendors on various parameters. 

Commenting on the wins, Dr Raymond Kwong, Group Managing Director of Silverlake Axis said, “We are honored to receive these three prestigious awards. This is a testimony of Silverlake Axis’ delivery commitment and we are privileged to be strategic partners with OCBC Bank and Alliance Bank. These awards are also an acknowledgement of our people’s innovative mindset and delivery excellence".

About Silverlake Axis:

 Silverlake Axis Ltd is a leading provider of digital economy solutions and services for major organisations in Banking and Financial Services, Payments, Retail and Logistics businesses. The Group's Silverlake Axis Software and Services Solutions are delivering operational excellence and enabling business transformations at over 100 organisations across Asia, including 40% of the top 20 largest banks in South East Asia. Silverlake has a 25 year track record of successfully delivering proven Financial Institution Class Core Software and is the core system platform partner of choice for the top 3 of the 5 largest ASEAN super regional financial institutions.

Under Axis Systems Holdings Limited, the Group was listed on the SGX-SESDAQ on 12 March 2003. It was renamed Silverlake Axis Ltd in 2006 following the acquisition of SAACIS, the company that owns the Silverlake Integrated Banking Solution (SIBS) and the listing was transferred to the Mainboard of the Singapore Exchange on 22 June 2011.