Azentio Software - FinTecBuzz

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Azentio Software recognized as a Notable Vendor in DBEPs Report

Azentio Software recognized as a Notable Vendor in DBEPs Report

January 31, 20235 min

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...

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Azentio Software delivered its Shariah-compliant profit calculation

Azentio Software delivered its Shariah-compliant profit calculation

March 14, 20224 min

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that Bank of Abyssinia (“BoA”) has successfully gone live with iMAL*IslamicFinancing and iMAL*ProfitCalculationSystem in less than four months, to support the growth of its Islamic window operations. Azentio’s Shariah-compliant profit calculation and distribution system makes profit distribution highly efficient. With the company’s AAOIFI-certified Islamic banking suite, BoA will be able to compete with both, Islamic banks and conventional banking methods of interest payouts, in rates and...

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