Azentio Announces Global Market Leadership in 3 Categories of IBSi 2024 Sales Rankings

6 additional Leadership Club rankings achieved in multiple categories

SINGAPORE, July 9, 2024 /PRNewswire/ — Azentio Software (“Azentio”) – a leading end-to-end software company focused on the BFSI sector, today announced that it has been recognized as a global market leader in 3 categories by IBS Intelligence in the IBSi Sales League Table (SLT) 2024. Leader in Islamic Digital and Islamic Lending – In the Retail and Document Management categories, Azentio also achieved 2nd place in the Leadership Club in 6 additional categories including Wealth Management – Investment and Fund Management, Islamic Banking – Universal Banking Basis, Islamic Risk Management, Regional Leaders – Middle EastNational leaders – Indiaand Global Leadership – Product Range Breadth.

With over two decades of experience, the IBSi SLT showcases the business performance of banking technology vendors, objectively ranking products across 20 categories. The SLT has generated a consistent level of interest and participation with over 50 technology vendors submitting over 2,100 bids from 151 countries.

While the IBSi SLT recognizes the sales performance of technology vendors across hundreds of system selection engagements conducted around the world, the SLT Leadership Club identifies significant systems that have made their mark across various system categories as well as geographies.

Commenting on Azentio’s success, Nikhil GokhaleDirector – Research and Digital Properties at IBS Intelligence, said: “I congratulate Azentio on their remarkable achievement of winning 7 categories at the 2024 SLT Awards. In addition, they also won the Product Broadth category with entries spanning 10 system types. This recognition is a testament to Azentio’s dedication to innovation and excellence in the banking technology industry. Their success in these categories demonstrates their ability to deliver cutting-edge solutions that empower financial institutions and drive digital transformation.”

Emma FoleyMarketing Director at Azentio, commented: “We are delighted that Azentio has once again achieved the top spot in the IBSi sales rankings across multiple categories, demonstrating our continued commitment to delivering cutting-edge technology to our clients. Our bespoke banking products are created and developed specifically around the needs of our regions, allowing us to fully focus our innovation efforts on developments and advancements that will deliver tangible benefits to our clients. This focus, I believe, ideally positions us as the provider of choice for banks and financial institutions looking to modernise with world-class, regionally focused technology.”

Azentio Software was incorporated in 2020 in Singaporewas created from 3i Infotech, Candela LaboratoriesBeyontec Technologies and Path Solutions. Azentio Software provides strategic and vertical-specific software products for clients in the banking, financial services and insurance industries. Azentio has over 800 clients in over 60 countries, with a team of over 2,300 employees in offices in 12 countries (and growing) worldwide and is 100% owned by funds advised by Apax Partners.

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SOURCE Azentio Software Pvt Ltd