PT Anabatic Technologies Tbk, has just gone public with its recent IPO in the Indonesian Stock Exchange this July 2015. As a form of business development, Tuesday (8/18/2015), Anabatic International is establishing its expansion in the Philippines after opening its business office in Chennai and Bangalore, which is also known as the Silicon Valley of India.
"With its improving economy and the demand of local Philippine banks for automating its banking operations in the countryside, Philippines have been chosen because of the growth potential in the country. We are offering banking services to the unbanked or 'banking the unbanked'. Through its partnership with Temenos of Switzerland, Anabatic International is the implementation arm of Temenos for the T24 Core Banking System in the Philippines. Anabatic successfully implemented Temenos Core Banking System for several local commercials and thrift banks in the Philippines," said Country Manager of Anabatic Technologies Daniel Viray.
"A team of local Filipinos, together with consultants from India, started the implementation of T24 Core Banking Solutions in several banks in the Philippines," he added.
Similarly, Anabatic is also continually expanding its solutions and services offer in the Philippines, replicating what we are currently doing in Indonesia and the rest of the world. Solutions in the area of Fraud Management, Anti-Money Laundering, Security Operations, Cybercrime Prevention, Online Fraud Protection Services, Security Information Event Management, Anabatic Own Developed Application named eGL, CR-1 Central Bank Reporting System, Anabatic A360 solution suite and our Mobile Banking Solution known as Pocket Bank. Integration of disparate systems is also one of the strengths of Anabatic with an Enterprise Service Bus platform known as Fiorano.
"With the coming of Anabatic Technologies Philippines, we are very much optimistic of the significant potential growth in areas where we see the urgent need of ‘banking the unbanked’. The talent and skills from the Anabatic team bring to the table excellent experience in core systems implementation, with the simplicity of services suite that does not need to be developed from scratch, we are replicating success and proven methodologies in delivering quality service commitments to our clients," said Daniel Viray.
President Director of PT Anabatic Technologies Tbk Handojo Sutjipto said that the Asia Economic Era has come. The culture, social, and economy aspect, here are integrated, and Anabatic sees this as an opportunity to expand their business to ASEAN countries.
"By having this strategy, we hope to achieve better financial market coverage and to optimize the efficiency of human resource management," he said.