SINGAPORE (July 10): Digital economy solutions and services provider Silverlake Axis announced Thursday it has secured a total of six new contracts.
These include two contracts to deliver digital platforms for financial services in Malaysia, and four contracts by wholly-owned subsidiary Silverlake Symmetri to provide software upgrades, implementation and maintenance services to its core banking and card customers.
The first digital platform contract is to transform a fund institution’s e-services with a digital platform which can be accessed via mobile devices and the web to support the fund members’ activities such as e-contributions and withdrawals.
The second digital platform contract, from an established regional insurer, is to consolidate and enhance services for their members, including the facilitation of policy servicing and claims.
The software upgrade contracts are for two banks in Pakistan, a large bank in Maldives, and a leading banking group in Central Europe.
Silverlake Axis did not reveal how much the contracts are worth, but says they are expected to contribute positively to the group’s results in the current and following financial years.
Shares in Silverlake Axis closed flat at 52.5 cents on Wednesday.
