JMR Infotech bags Core Banking managed services deal from Myanma Apex Bank, Myanmar
Bangalore: 02 December 2016
JMR Infotech, a leading technology solutions and services provider, today announced the winning of Core Banking managed services deal from Myanma Apex Bank (MAB), one of the leading banks in Myanmar. The engagement will enable the bank to efficiently manage its core banking environment.
As part of the deal, JMR will provide managed services for mission critical applications encompassing database & application server management, incident & problem management, capacity & service continuity management, availability management, testing and application & End of Day batch processing.
Commenting on the association with JMR Infotech, Mr. W J Oon, CIO, MAB said, “We trust JMR will deploy their best technology and domain expertise & their capability to deliver cost-efficient managed services will definitely help us achieve our growth strategy and higher levels of customer satisfaction.”
“We are delighted that Myanma Apex Bank has selected JMR Infotech as technology partner to help them derive the optimal benefits from their core banking investment. JMR brings superior expertise in running, managing and growing the technology landscape at top banks and financial service organizations. Our team’s unmatched experience in deploying, upgrading and managing complex core banking environment will allow the bank to focus on innovation and superior customer service while operating at peak efficiency, with high performing FLEXCUBE core banking environment,” said Jayafar Moidu, CEO, JMR Infotech.
About JMR Infotech
With delivery and development centers in India, sizable global presence and customers spread across 5 continents, JMR Infotech is a leader in Information Technology solutions and services. In our short existence, since 2007, we have grown to have top brands as our clients.
Our leadership in the IT domain is backed by better understanding of our client’s business needs and innovative solutions to advance their business goals. The title of World’s first Oracle Platinum Partner fully specialized in all financial solutions is a testimonial to our comprehensive offering, strong focus and unmatched expertise in BFSI domain.
In August 2014, Global Banking & Finance Review recognized JMR Infotech’s thought leadership, technical prowess and customer focus by presenting Best Core banking Technology Provider award for Middle East and Africa region.
Silicon Review, in 2015, recognized JMR Infotech as one of the 50 Fastest Growing Tech Companies in recognition of our creativity in innovation, customer orientation and domain expertise.
JMR Infotech has been awarded with the title of ‘World Business Leader’ by World Confederation of Businesses in November 2015.
Our ed-tech solutions have been recognized as Best Innovation in Education Technology for Schools at the 7th World Education Summit in August 2016.
Our offerings are delivered through our unique customer centric Extended Arm engagement model through which we work as Extended Arm of our clients, helping them reduce investment and total cost of ownership.
About MAB
Myanma Apex Bank Ltd (MAB) was incorporated on 2nd July, 2010 and opened its first branch office in Naypyitaw on 17th August, 2010. Since inception, the bank has extended its branch network steadily to facilitate commercial development and investment across Myanmar as well as to better serve its growing customer base through a larger banking network. Customer deposits have grown significantly since inception, due to the delivery of quality service, reliable performance, customer satisfaction and trust among the general public.
MAB invests extensively in technology and human resources to sustain our future long-term growth and to stay ahead amidst growing competition. For domestic banking, MAB provides a comprehensive range of deposit products, financing options for large and small businesses through loans, overdraft and hire purchases, reliable and extensive ATM, POS service via the Myanmar Payment Union (MPU), VISA and MASTER card network. For international banking, we provide foreign trade finance as well as worldwide payment services with partners, including Western Union, VISA, Master Card, China Union Pay and other major card organizations. Other services include gift cheques, payment orders and local remittance and other ancillary services.