IBSFINtech enters South East Asia with Exclusive Partner Athene Softech

IBSFINtech enters South East Asia with Exclusive Partner Athene Softech

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Mumbai/Delhi/Bengaluru, Aug 28th, 2015 – IBSFINtech, the leading provider of niche financial software for Forex, Treasury and Trade Finance management, and Athene Softech, the leading Consulting firm based in Malaysia, are pleased to announce a mutually beneficial collaboration for expanding reach for IBSFINtech’s Corporate Treasury products. Athene Softech will be the exclusive channel partner for the company’s presence in Malaysia and SE Asia.

IBSFINtech, is an Indian company headquartered at Bengaluru, Karnataka, having an implementation office at Mumbai, Maharashtra. The company offers niche corporate treasury management products, Innovative TreasuryTM and Innovative Trade FinanceTM . This partnership enhances the reach of this Indian startup and its niche products to the SE Asian markets. Partnership’s target is to generate business conversions equivalent to 5 Million USD in next one year’s time!

C.M.Grover, Executive Director, IBSFINtech, stated, “We are pleased to have partnered with Athene Softech, as Athene is undisputed leader in Consulting and has strong presence in SE Asia. This channel partnership will help IBSFINtech expand its base in Asia as well as establish its reputation globally as the leading Corporate Treasury Software provider. Athene will play a pivotal role in providing insights into the local market and we expect to leverage their knowledge of the market to support their clients better.”

Statement from Spokesperson, Athene Softech: “We are excited to collaborate with IBSFINtech and expand our foray of services to include a holistic and imperative Corporate Treasury Software Products. The addition of IBSFINtech to Athene’s list of global partners is a major advancement towards our goal of facilitating ‘the best’ treasury solutions for our clients. Together with partnership, Athene Softech brings a unique value proposition which combines the local organization governance, global technology and best practices.”

Currently, the corporate treasury management space is untapped and none of the products available in the market provide an end-to-end solution. While IBSFINtech’s focus on this niche space with holistic product offerings & affordable pricing stands it apart from the industry leaders. These factors fuel the need to grow global and expand the offerings beyond home country.

IBSFINtech was recently in news for launch of “Treasury on Cloud”, an innovative product targeted to assist MSMEs in efficient risk management. The product was launched at a recent CII event held in Kolkata. IBSFINtech recently added Future Group, India’s leading retail chain to their list of clients for implementation of Innovative Trade Finance TM . The company was also in news for successful implementation of Innovative Treasury TM at Snapdeal, India’s leading online retailer. In addition to this, company has a record of successful corporate treasury implementations at Times Group (also referred to as Bennett, Coleman & Co. Ltd.), Viraj Profiles, and more.

IBSFINtech India Pvt. Ltd is a Bangalore based organization specializing in providing niche products in the area of Forex & Treasury and Trade Finance for corporate sector. IBSFINtech has a suite of products for treasury operation such as currency, money, commodity, gold bullion trading and derivatives of vanilla and exotic types. The products are seamlessly integrated with each and also with ERP solution of SAP, Oracle financial etc. The company has Trade Finance solution catering exporters/importers dealing in diamonds, gold, cashew nuts, Steel and garments etc., Group has dedicated technical as well as domain experts. IBSFINtech has it corporate office in Bangalore with a branch office at Mumbai. For more details, visit: IBSFINtech

Athene Softech is a Malaysian incorporated business focusing in IT Consulting & management, marketing services, training & solution implementations primarily in the banking & financial sector. Athene Softech offers high-end tehnology solutions and consulting services in collaboration with internationally recognized partners.