Microlink Solutions Signs Agreement With SAP to Co-Innovate in Banking Space
Malaysian financial services technology provider Microlink Solutions is teaming up with global enterprise software major SAP® to co-innovate in the Islamic finance space and develop a next-generation banking solution.
Kuala Lumpur, Malaysia, December 30, 2015 (Newswire.com) - Microlink Solutions Berhad of Malaysia has signed a services agreement with SAP® and joined its PartnerEdge® program.
The intention is for Microlink to work together with SAP to deliver a next-generation Islamic banking solution that is customer-centric with faster go-to-market capabilities and that meets the requirements of the global Islamic banking community that Microlink and SAP serve.
This partnership provides a unique opportunity to develop an Islamic Banking solution on the SAP platform, leveraging Microlink's in-depth expertise in conventional and non-conventional core banking processes.
Peter Yong, Group CEO, Microlink Solutions
Microlink will help SAP customers design, implement and integrate SAP banking solutions; optimise Islamic Banking business processes; and provide strategic business consultation. As an SAP partner, Microlink will take an active part in the support, customisation and deployment of SAP banking solution-based systems.
Peter Yong, Group Chief Executive Officer of Microlink Solutions Berhad, said, “It is a great honour for Microlink to be working alongside SAP, the market leader in enterprise application software. This agreement provides a unique opportunity to develop an Islamic Banking solution on the SAP platform, leveraging Microlink’s in-depth expertise in conventional and non-conventional core banking processes.”
SAP’s Global Head of Financial Services Industries Ross Wainwright said, “The Islamic Finance space is a huge market. The agreement with Microlink, a Malaysian financial services technology provider, marks a step change for SAP to provide innovations to the Islamic finance space. We look forward to working with the Microlink team.”
Microlink and SAP have been working for the past 18 months in co-innovation activities to develop this new solution. A significant pipeline of prospective financial institutions has already been identified that the new Islamic banking platform can serve.
SAP PartnerEdge program provides partners with access to resources, services and benefits that will help Microlink build and maintain a successful partnership with SAP, in turn helping it to optimise business results for clients. It offers a broad range of tools and resources that provide a strong foundation of support and collaboration that fosters unparalleled value and mutual business success for customers, partners and SAP.
Microlink's banking solutions cater to both conventional and Islamic Banking requirements. It also specialises in systems integration and distribution of hardware on behalf of world-leading principals that include IBM, HP, EMC, Oracle and others.
Microlink is part of the OMESTI Group of companies, [Omesti Berhad: Bursa Stock Code: 9008] an established ICT and technology solutions provider with a 30-year track record in complex systems integration, development of enterprise applications, provision of digital and network infrastructure, communications services, digital court solutions and human capital management platforms.
