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December 26, 2007
Silverlake Axis enters into a Joint Venture Agreement with EC Switch Sdn Bhd (ECS) and Elite Capital Limited to take up 24.5% interest of Silverswitch Sdn Bhd. Silverswitch has obtained non-exclusive licences of proprietary software from Silverlake Axis and ECS to develop a solution to facilitate cashless payments utilizing secure and cost effective infrastructure that will benefit retailers, banks and consumers. The solution is based on customizing and integrating ECS front-end software components with the SIBS software platform. The Silverswitch cashless payment solution will initially be launched in the fuel retail industry. |
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December 17, 2007
Silverlake Axis expands licensing of Silverlake Axis Integrated Banking Solution (SIBS) into Shared Services Outsourcing Business with contract for USD 7.78 million. Under the non-exclusive licensing agreement with Silverlake Component Technologies Solutions Ltd (SCT), SCT will provide shared services outsourcing solutions based on certain modules from the SIBS software platform. SCT has secured its first shared services outsourcing customer, Bank Kerjasama Rakyat Malaysia Berhad, the largest Islamic cooperative bank in Malaysia, to manage the BankĄ¯s credit card systems and operations. |
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November 11, 2007
Silverlake enters into a Credit Card Outsourcing Agreement with Bank Kerjasama Rakyat Malaysia Berhad, the largest Islamic cooperative bank in Malaysia. In this agreement, Silverlake will provide the Data Centre and Technology Infrastructure, Silverlake Axis Islamic Credit Card Software and Credit Card Operations Services.
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October 22, 2007
Silverlake Axis expands licensing of Silverlake Axis Integrated Banking Solution (SIBS) into Capital Markets Industry with contract for US$7.35 million. Under the non-exclusive licensing agreement with Silverlake International Capital Market Solution Limited (ICMS), ICMS will offer end customer solutions to the capital markets industry based on customizing and integrating ICMS's front-end stock broking and trading modules with Silverlake Axis back-end SIBS software platform. Currently ICMS has customer engagements in South East Asia and will market and distribute its solution in Central Asia. |
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August, 2007
Silverlake Axis won the award for IBM System i General Manager's Award ¨C Best IBM System i Performance in 2007 and Microsoft Partners Solution of the Year Award - 2007 Winner ISV/Software Solutions for "Silverlake Integrated Provident Fund System Front-End Application: BDS.NET" |
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July 9, 2007
Silverlake Axis secures three new contracts in Malaysia, Philippines and the Middle East. The first contract is with a Malaysian payment transaction switching operator to supply selected components of the Group's award-winning Silverlake Axis Integrated Banking Solution (SIBS). The second contract is with a Philippines private development bank to provide a SIBS core banking solution. The third contract is with a Saudi Arabian real estate finance company to supply a suite of Integrated Islamic Banking solution modules. |
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June 27, 2007
Silverlake Axis expands core banking business in China through investment in Unifisoft Holdings Limited, an established information technology services company focusing on the financial services sector in China market.
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May 9, 2007
Silverlake Axis appoints a third party certified implementer for its Silverlake Axis Integrated Banking Solution (SIBS) |
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May 4, 2007
Silverlake Axis secures two South East Asian contracts. The first contract is with a large South East Asian financial services organization. The second contract is with a South East Asian bank embarking on implementing an integrated suite of Core Banking modules for their operations in China. |
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January 11, 2007
Silverlake Axis secures projects with four Asian banks, namely Bank Pertanian Malaysia ("BPM"), PT Bank Bumiputera Indonesia TBK ("BBI"), PT Bank Syariah Mega Indonesia ("BSMI") and Industrial Bank Co., Ltd ("IBC"), to supply a comprehensive suite of conventional and syariah compliant integrated banking solutions. |
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