Azentio Software is pleased to announce that it has delivered a swift launch of its iMAL™ platform at APS Islamic Microfinance Co. Ltd, a subsidiary of APS International, the leading international money transfer service provider in The Gambia. The multi-award-winning Islamic core banking platform – iMAL™, will enable the Gambian institution to automate financial processes to align with the digital transformation that is taking place across West Africa, and to be more competitive. iMAL™ platform was implemented at APS Islamic Microfinance on Oracle Cloud without any significant obstacles demonstrating its compatibility with the latest technological trends. Azentio has delivered a high-quality solution despite the challenges related to the distribution of the implementation team across geographies.
Azentio Software provides mission critical, core and vertical-specific software products for clients in banking, financial and insurance services primarily across the Middle East and Africa, Asia Pacific, and India. The company’s flagship products include Kastle™ (Universal Banking Solution), iMAL™ (Islamic Core Banking Platform), Premia™ Astra, Beyontec Suite (Core Insurance Software) and Intelligent Automation Fabric (End-to-End Digital Suite), Amlock™ (Financial Crime Detection and Management Solution), MFund Plus™ (Wealth & Asset Management Solution) and Orion™ (Enterprise Resource Planning Solution). APS Islamic Microfinance Co. Ltd is one of two Islamic microfinance companies licensed in 2021 by the Central Bank of The Gambia to operate as full-fledged Islamic microfinance companies. The company is well positioned to transform the financial landscape by offering true Sharia-compliant products, and services in a country where over 90% of its population are Muslims and the majority within the mid and low-income bracket. APS Islamic Microfinance offers fast, reliable, safe, and convenient services. The company offers investment accounts for individuals, groups and associations, current accounts for MSMEs, a variety of Islamic financing products and social Islamic finance services.