Newgen Software has partnered with ASEAN Business Partners to introduce its low-code banking solutions to Southeast Asia, aiming to enhance operational efficiency and digital transformation in the region’s banking sector.
16 May 2024 – Newgen Software, a global leader in low-code platform solutions, has announced a strategic partnership with ASEAN Business Partners (ABP), a prominent professional services firm that assists international companies in expanding their business in the ASEAN region.
This collaboration aims to leverage ABP’s extensive local expertise to introduce Newgen’s advanced banking solutions to key Southeast Asian markets, including Indonesia, Malaysia, the Philippines, Singapore, and Thailand. With a focus on onboarding, lending, and trade finance, Newgen seeks to empower regional enterprises through its industry-recognized low-code platform.
Newgen’s configurable low-code platform, NewgenONE, will enable banking leaders to unify front-, middle-, and back-office functions, infuse intelligence into operations, and achieve end-to-end automation across thousands of bank-wide applications and processes. This strategic partnership underscores Newgen’s commitment to driving digital transformation in the banking sector across Southeast Asia.
Sumit Dutta, Founder and CEO of ASEAN Business Partners, expressed his enthusiasm for the partnership, stating, “I am delighted to announce the partnership between Newgen and ABP. We are committed to identifying and introducing the best of global technology into the fast-growing ASEAN market and are privileged to partner with a global IT pioneer to add value.” He further added, “As ASEAN companies adopt technology to enhance productivity and cut costs, we believe our clients will value Newgen’s innovative solutions, characterized by its customer-centric approach and commitment.”
Pramod Kumar, Head of Business – APAC at Newgen Software, also shared his excitement, saying, “We’re excited by the potential for a positive change. The NewgenONE platform is designed to be a game-changer for banking leaders, and teaming up with ABP brings even more expertise to the table. We’re eager to accelerate digital progress in the region.”
The partnership aims to facilitate the adoption of Newgen’s solutions by Southeast Asian enterprises, enhancing their operational efficiency and fostering digital innovation in the banking sector.
