Azentio Software, a technology firm based in Singapore and owned by funds advised by Apax Partners, has recently made waves in the industry by winning three prestigious awards at the IBSi Digital Banking Awards 2024 ceremony. The event, held as part of the Cedar-IBSi Digital Banking & AI Summit in Bengaluru, India, recognized Azentio for its excellence in driving impact through technology implementations and innovations using emerging technologies.
The company was honored with the titles of Segment Winners in SME/Corporate Banking, Regional Winners in Middle East & Africa, and Segment Winners in Compliance Management. These accolades highlight Azentio’s commitment to providing cutting-edge solutions to its clients in the banking sector.
One of the key projects that led to Azentio’s success was the implementation of the Azentio ONE Banking Digital Lending platform at Consolidated Bank Ghana Limited (CBG), one of the largest banks in Ghana. This platform has enabled CBG to streamline its operations, enhance customer experience, and modernize the banking sector in Ghana.
Additionally, Azentio was recognized for its work with Albilad Investment Company (Albilad Capital) in the Kingdom of Saudi Arabia, where its Financial Crime Management (FCM) platform has significantly enhanced compliance, efficiency, and cost-effectiveness for the institution.
Nikhil Gokhale, Director of Research & Digital Properties at IBS Intelligence, commended Azentio for its innovative solutions and strategic approach to digital innovation. Gaurav Kedia, Chief Financial Officer at Azentio Software, expressed pride in the company’s achievements and highlighted the value that Azentio brings to its clients through its innovative technology solutions.
Overall, Azentio’s success at the IBSi Digital Banking Awards 2024 showcases the company’s dedication to modernization, transformation, and innovation in the financial technology sector.
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