Monthly Archives: August 2020

PR Newswire

With Socialbakers, Shopee is Taking a Data-First Approach to Digital Campaign Management

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Southeast Asia’s leading e-commerce platform is leveraging AI to deepen engagement with users across Southeast Asia and Taiwan

SINGAPORE, Aug. 4, 2020 — Socialbakers, the leading unified platform for social media marketing, today announced how its partnership with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, is driving engagement on Shopee’s social media platforms to new heights. Leveraging Socialbakers’ Content Hub, automated content labelling, and personalised dashboards, Shopee has not only improved operational efficiency and performance measurement, but also heavily influenced the number of conversions in the process.

Shopee is the number one shopping app in Southeast Asia, according to App Annie. It has captured the hearts and minds of consumers through a strong understanding of the region and well-executed localised strategies. Getting to its monolithic status today involved putting audience engagement at the centre of their strategy, allowing them to stand out in the industry and build unique relationships with their extensive user base in each market.

Executing this strategy required a robust end-to-end workflow. Starting from content creation to execution and finally reporting of results, Shopee’s large social media presence requires a reliable platform for effective cross-channel analysis. By working with Socialbakers and utilising Content Hub, Shopee is also able to execute post-performance analysis of social media campaigns more effectively.

Establishing their entire content management workflow in the Socialbakers Suite has given Shopee the capability to digest data, learn from it and generate content performance analysis that goes beyond traditional engagement metrics. As a result, Shopee is now experiencing improved operational efficiency and insight generation to drive audience engagement.

Agatha Soh, Head of Regional Marketing at Shopee said, "Shopee was built to cater to local needs and fulfill the increased need for engagement and social interaction. Users have always been at the core of our community building and engagement strategies. We closely monitor the latest trends and industry movements to deliver content that our users enjoy. Socialbakers’ strong suite of tools helps us to effectively optimise our data-driven approach to consumer engagement, enabling us to serve our users in the best way possible. We look forward to a continued partnership with Socialbakers."

"Shopee is the perfect example of a brand that understands the importance of great content when it comes to driving engagement on social media," said Charles Tidswell, Vice President JAPAC at Socialbakers. "By establishing their entire content management workflow in the Socialbakers Content Hub, Shopee has not only improved operational efficiency and performance measurement, but also heavily influenced the number of conversions in the process. Shopee’s audience-first approach to social media enables them to stand out in the industry and build unique customer relationships."

Media contact:
Claire Wilson
press@socialbakers.com

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PR Newswire

SS&C Technologies Expands Footprint in Greater China

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Bank of Communications Trustee chooses SS&C Geneva® as fund administration partner

WINDSOR, Connecticut, Aug. 4, 2020 — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced the expansion of SS&C Geneva® in China. Bank of Communications Trustee Limited (the "BOCOM Trustee"), a Hong Kong-based trustee subsidiary of Bank of Communications Co., Ltd., selected Geneva, Geneva World Investor, Recon and SS&C’s professional services to assist with their workflows.

BOCOM Trustee has provided fund administration services in Hong Kong for almost 20 years. The firm needed a solution to help diversify its services to a broader range of clients and improve operational efficiency. SS&C’s solutions stood out with intuitive user interfaces, strong investor accounting, private equity fund support and automated reconciliation processes.

"The SS&C solution suite has superior functionality to improve our efficiency across the board, integrate with our third-party systems and meet the diversified requirements of our funds," said Stephen Yeung, Chief Executive at BOCOM Trustee. "We can rely on SS&C as a reputable brand with a strong local presence and a robust support model."

"We are pleased that BOCOM Trustee chose SS&C Advent as their fund administration partner," said Mats Berggren, Vice President EMEA & APAC, SS&C Advent. "We have built a strong product, implementation and sales team in Greater China over the years. We are deeply committed to our localization strategy and to providing the best support, so our clients can focus on growing their businesses with us."

The Asia operation of SS&C Technologies has more than 300 staffers dedicated to the SS&C Geneva support, product development and implementation.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, Linkedin and Facebook.

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PR Newswire

Airtel Selects Ribbon’s 5G-Native Neptune Platform to Upgrade its Packet Transport Network

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Project will deliver enhanced capabilities and future-proof Airtel’s network

WESTFORD, Massachusetts, Aug. 4, 2020 — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions to service providers, enterprises, and critical infrastructure sectors, today announced that Bharti Airtel ("Airtel"), India’s leading integrated telco, has chosen its 5G-Native Neptune platform to enhance its mobile backhaul transport capabilities.

The deployment is part of Airtel’s network strategy to make its network future-proof and ready for a seamless transition to emerging technologies such as 5G. 

Ribbon’s 5G-native Neptune solution will be deployed throughout Bharti Airtel’s India network, providing high capacity, low latency and real time programmability. The Neptune platform enables a powerful, efficient multi-layer next-generation network solution for a seamless evolution to future 5G services.

"Ribbon has been a trusted partner since 2004, and their proven track record gives us confidence that they will successfully manage this upgrade. This compact, robust IP/MPLS-Access solution from Ribbon will both serve our current needs and make the Airtel network 5G ready," said Randeep Sekhon, CTO, Bharti Airtel.

Ribbon’s 5G network solution will be controlled, managed and automated by its cloud-native Muse system, already deployed, which is based on SDN (Software Defined Networking) concepts for real time programmability and network planning applications. Ribbon’s Muse Domain Orchestration provides Airtel with an integrated machine-to-machine ecosystem for end-to-end automated service fulfillment and assurance as well as automated migration from the existing network to the modernized one. 

"5G will unleash a significant array of new applications and services that users around the world will benefit from," said Bruce McClelland, CEO of Ribbon Communications. "We are honored to have been selected by Bharti Airtel for this critical upgrade and look forward to further expanding our relationship while supporting their pioneering vision for the future."  

About Ribbon
Ribbon Communications (Nasdaq: RBBN), which recently merged with ECI Telecom Group, delivers global communications software and network solutions to service providers, enterprises and critical infrastructure sectors. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge IP solutions, UCaaS/ CPaaS cloud offers, leading-edge software security and analytics tools, as well as packet and optical networking leveraging ECI’s Elastic Network technology.  To learn more about Ribbon visit rbbn.com and for more information about our packet and optical networking portfolio visit ecitele.com.

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the "Risk Factors" section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Relations

APAC, CALA & EMEA Press

Monica Gould

Catherine Berthier

+1 (212) 871-3927

+1 (646) 741-1974

IR@rbbn.com      

cberthier@rbbn.com 

North American Press

Analyst Relations

Dennis Watson

Michael Cooper

+1 (214) 695-2224

+1 (708) 212-6922

dwatson@rbbn.com 

mcooper@rbbn.com

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PR Newswire

BNI® Global Announces Partnership with JCI, Enhancing Support to Global Business Professionals & Economies

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CHARLOTTE, North Carolina, Aug. 4, 2020 — BNI® (Business Network International) and JCI™ (Junior Chamber International) announced today a formalized partnership working together to support global business leaders in boosting local and global economies worldwide.

For decades, both BNI and JCI have been committed to supporting local and global businesses, connecting community leaders and professionals, boosting economies, and providing premiere training and networking opportunities to their members and visitors. The synergies between these two organizations is striking, and both are looking forward to what they can accomplish together.

With this partnership, BNI and JCI will immediately introduce extra horsepower into their events, creating powerful opportunities for qualified professionals to connect and do business. Additionally, they will offer enhanced benefits to Members, increase visibility of these opportunities across organizations, and brainstorm further innovation & collaboration potential.

BNI’s Chairman & CEO Graham Weihmiller remarks, "I’ve admired the work JCI has done for years and I’m thrilled to have the opportunity to take it a step further with support from BNI. Our goals at BNI – to help professionals around the world achieve their dreams, support their families, and grow their businesses – strongly aligns with JCI’s holistic focus on individual development, business and entrepreneurship, community action and international cooperation. JCI is a leader in the world of networking and professional development, and I can’t wait to see what we can accomplish together."

"JCI has always focused on developing leaders for a changing world, and I know that BNI can help us take that mission to the next level," shares JCI’s Secretary General, Kevin Hin. "Our combined efforts will not only enhance what’s possible for our current members today, but also open the door to new opportunities for the broader business community globally. I look forward to completing our first phase of work together and then venturing a path forward beyond that work."

About BNI:
BNI is the world’s largest and most successful business networking organization. BNI has nearly 270,000 Members who attend one of 9,700 weekly chapters meetings in 70 countries around the globe. BNI’s proven business networking platform provides its Members the ideal environment, technology, training, and support to help them build strong businesses. BNI Online™ is its newest product, an advanced online platform that helps Members connect in structured virtual environment. Since the beginning 2020, BNI Members have generated $7.4 billion in business through their referrals to one another.

To see the new look and learn more about BNI, go to www.bni.com.

About JCI:
JCI, a global leadership organization, provides personal and professional development opportunities to enterprising young leaders ages 18 to 40. Through its international network of around 110 countries, JCI unites all sectors of society and empowers the leaders of tomorrow to create positive and lasting change today. For more information, visit www.juniorchamber.international.

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PR Newswire

Announcing World Food Travel Market

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New online marketplace revolutionizes the culinary travel trade business

LONDON, Aug. 4, 2020 — Today the World Food Travel Association (WFTA) announced the launch of World Food Travel Market, the world’s first and only business-to-business marketplace for the culinary travel industry.

World Food Travel Market is a secure platform that connects trade buyers and sellers of culinary travel products. Buyers can search for culinary tour operators, culinary tourist guides, culinary attractions and similar products and services, based on criteria like location, specific keywords, hours of operation and more. Sellers can showcase their full range of capabilities, their extensive digital content libraries, their own blog articles, and all of their social media links including TripAdvisor. Every member’s microsite is available in up to 100 languages, allowing members to easily discover each other and do business together, no matter where they are located.

The idea for World Food Travel Market came from members of the World Food Travel Association’s own community, who sought new and creative ways to connect in a marketplace focused specifically on the food and beverage tourism industry. "Our industry really needed a way to connect directly with other like professionals – in a way that was not previously available," said World Food Travel Market member Juan Jose Munozcano, owner of Madrid Experience, a food and wine tour operator in Spain. "The Market is exactly what I was looking for as a business owner."

"There has never been an easier way for the food and beverage tourism industry to connect and do business," said World Food Travel Market founder Erik Wolf. "And because World Food Travel Market exclusively serves the food and beverage tourism trade, members are not distracted by irrelevant content or businesses."

World Food Travel Market is the right tool at the right time in the current economic climate to help the world’s food and beverage travel trade companies to do business better. Businesses can get started today at WorldFoodTravelMarket.com.

World Food Travel Market was created by the World Food Travel Association, the world’s leading authority on food and beverage tourism.

ABOUT THE WORLD FOOD TRAVEL ASSOCIATION (WFTA)

The WFTA is a non-profit organisation that was founded in 2001 by its current executive director Erik Wolf. It is recognised as the world’s leading authority on food/ culinary/ gastronomy tourism. The WFTA’s mission is to preserve and promote culinary cultures through hospitality and travel. Every year, the organisation serves almost 200,000 professionals in 150+ countries. For more information, visit www.WorldFoodTravel.org.

Media Contact:  Erik Wolf (+44) 7827 582 554  help@worldfoodtravel.org

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PR Newswire

Banggood Records Outstanding Results From 2020 Summer Prime Sale

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GUANGZHOU, China, Aug. 3, 2020 — Banggood, a leading cross-border e-commerce retailer, has wrapped up its highly successful ‘Restart a Good Life’ Summer Prime Sale, the platform’s first large-scale promotion event of the year.

The sale kicked off on July 3 and ran through to July 26, with the best discounts and deals culminating between July 21 and 24. During this 72-hour period, Banggood recorded more than USD 10 million in sales in the first hour alone, and sales volume surpassed the same day last year in just 12 hours.

"We are thrilled with the phenomenal growth achieved during this year’s Summer Prime Sale. It truly highlights the advantages and benefits of online shopping in the wake of the pandemic, and reinforces the platform as the best choice for consumers to shop at home," said Aaron Chen, CEO of Banggood.

The year-on-year sales increase was driven by significant consumer demand from users in the European and Asia-Pacific regions. Australia recorded the highest surge in sales growth during the Summer Prime Sale with an increase of 120% year-on-year, followed by Germany, Italy, the United Kingdom, and Japan. Household Appliances, Computers, and Phones & Telecommunication were the most popular products and saw 514% growth year-on-year, as a result of the growing number of people working from home.

Banggood also witnessed a significant uptick in orders for home fitness equipment and personal transportation products, particularly from users in France, Spain and Italy. With the gradual relaxation of border restrictions in the region and heightened caution of public transportation, a large number of consumers have opted for bicycles or electric bikes as their preferred mode of transport.

In addition to coupons and discounts, Banggood leveraged the growing trend of live streaming and social e-commerce with Banggood LIVESTREAM, a 72-hour time-limited live-streaming session featuring 14 influencers from around the world, with viewers from Brazil, Canada and England ranking first for the number of livestream views.

For more information about the campaign, please follow Banggood’s Facebook page at https://www.facebook.com/banggood/ or its Instagram at https://www.instagram.com/banggood/

About Banggood

Founded in 2006, Banggood is a leading e-commerce company running its website www.banggood.com and pages on other platforms to offer tens of millions of registered users more than 500,000 types of products, covering from consumer electronics to clothing. Banggood is headquartered in Guangzhou, China, the city of the supply chain, with a global reach in North America, Europe, Asian Pacific, South America and the Middle East. The company recently unveiled its Top-Selling Products List For First Half of 2020. For more information, please visit: https://www.banggood.com/aboutBanggood.html

Media Contact
Zoeh Zheng
Phone: +86-134-5028-6595
Email: pr@Banggood.com

 

PR Newswire

Flowhaven Opens London Office, Announces 2020 Momentum

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World’s fastest-growing brand licensing solution celebrates London office, new clients

LONDON, Aug. 3, 2020 — Leading licensing relationship management technology platform, Flowhaven, has announced a new office in London and the expansion of its U.K. client roster. The new office brings Flowhaven closer to its clients in the region and is the latest achievement in a year of rapid company growth.

Built on Salesforce, the world’s CRM, Flowhaven provides a centralized, end-to-end solution that helps companies manage and scale their brand licensing programs.

In January, Flowhaven expanded beyond its Helsinki headquarters with an office in Los Angeles. The move cemented the company’s status as a key player in the licensing industry’s digital evolution. The new London office will seat Jeremy Robinson, head of sales, EMEA, and his powerhouse team.

"The UK is Europe’s largest licensing market. The country is home to the international offices of most US brands and has a vast number of domestic brands that continue to grow and perform extremely well," says Kalle Torma, CEO and founder.

"The continued growth we are seeing in our client base made the decision to open a standalone office in the UK an easy choice," says Jeremy Robinson. "From there I am perfectly placed to be able to work alongside the UK team and customers, as well as liaise with and travel to colleagues and prospects in other locations. The rapid pace of development we are seeing in our customer base and system capabilities are a fantastic combination and I am very excited by the discussions we are having, and the continued future development for Flowhaven"

Recent customer signing Games Workshop Group PLC joins a growing number of clients in the U.K. including Full Colour Black, whose portfolio includes Banksy street art; Lisle Licensing, who represents Tetris, Masha and the Bear, 44 Cats; Licensing Link Europe whose clients include Build-A-Bear Workshop, Van Gogh Museum as well as Pantone and; more.

At the end of last year, Flowhaven closed a $5.2 million (€4.75 million) seed round of financing. Global Founders Capital led the investment round with participation from existing investors including Icebreaker.vc. Following the round, Flowhaven entered a portfolio of investments that includes Facebook, Slack, Trivago, Canva, Eventbrite, and more. The company has also grown to more than 30 team members across its permanent and satellite locations, tripling in size year over year.

Media Contact:
Kalle Torma
kalle.torma@flowhaven.com
+44 (0) 20 3920 8566
Flowhaven.com

 

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PR Newswire

SmartKem Introduces OTFT Materials for Mini-LED Backlights

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Will showcase technology at DisplayWeek 2020

MANCHESTER, England, Aug. 3, 2020 — SmartKem the global leader in application specific organic materials for OTFT (Organic Thin Film Transistor) backplanes, today announced that the company has built backlight prototypes for full array local dimming (FALD) aimed at TV, Monitors and Signage applications.

OTFTs using SmartKem materials can be used to manufacture active matrix backplanes, driving arrays of thousands of individual mini-LEDs on a substrate, thereby delivering impressive high resolution images with perfect black levels. The ability to locally dim the backlight to only the areas that require it can also help to save energy, making FALD LED TVs more efficient in operation.

"Our mini-LED backlight prototype has caught the attention of the market," said Ian Jenks, Chairman and CEO of SmartKem Ltd. "We have best-in-class OTFT materials, suited for a variety of applications ranging from Electrophoretic, LCD, MicroLED and OLED displays."

SmartKem’s approach in developing the organic semiconductor formulations was to design a series of high mobility polycrystalline small molecule(s) that are combined with matched, high permittivity semiconducting oligomer(s). The resultant OTFT devices have industry best performance and can be built using standard production equipment in existing factories.

SmartKem will showcase its technology at the DisplayWeek 2020 symposium and exhibition during August 3 – 7, 2020.

About SmartKem

SmartKem is the global leader in application specific organic materials for organic thin-film transistors (OTFT) backplanes compatible with industry-standard production. SmartKem focuses on the design, development, industrialization, and technology transfer of low temp, solution-deposited organic semiconductors for transistor backplanes. SmartKem’s technology aims to transform the $110b electronic display industry. https://www.smartkem.com 

Media Contact: Enquiries@smartkem.com

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PR Newswire

Qualys Integrates Ivanti Patch Management into Qualys VMDR Platform to Self-Heal Endpoints with One Click

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Qualys Vulnerability Management Detection Response (VMDR) Platform Streamlines the Detection and Patching of Vulnerabilities, from the Endpoint to the Datacenter

SINGAPORE, Aug. 3, 2020 — Ivanti, the company that automates IT and Security Operations to discover, manage, secure and service from cloud to edge, and Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, today announced an expanded partnership. The partnership provides for the integration of Ivanti® Patch Management technology within the Qualys VMDR® (Vulnerability Management Detection Response) platform. The next phase of the integration will allow Qualys customers to patch MacOS systems, as well as over 70 third-party Mac applications, directly through Qualys VMDR.

The Ivanti and Qualys partnership provides for tight integration of Ivanti Patch Management into Qualys VMDR to automate and simplify the patch remediation process. As a result, customers will be able to quickly detect vulnerabilities, from endpoint to datacenter, and automatically deploy expertly pre-tested Mac patches across dozens of third-party applications. Current Microsoft patch coverage includes both security and non-security content for all supported products, operating systems, and applications, including Microsoft Office. The Ivanti patch catalog is one of the industry’s most comprehensive catalogs currently securing over 180 million endpoints globally.

"Ivanti’s expanded partnership with Qualys further underscores our mission to help deliver end-to-end security solutions," said Nayaki Nayyar, executive vice president and chief product officer, Ivanti. "Our recently announced Ivanti Neurons platform powers security teams with advanced automation capabilities to discover, prioritize, remediate vulnerabilities and self-heal endpoints and edge devices."

"The seamless integration of Ivanti and Qualys technologies in VMDR takes endpoint security to the next level," said Sumedh Thakar, president and chief product officer, Qualys. "By extending Ivanti’s leading patch management technology from Windows to Mac, Qualys VMDR now orchestrates the entire process of discovery, prioritization and patching of critical vulnerabilities in real time across hybrid IT environments including macOS devices. Furthermore, it allows us to bridge IT and SecOps workflows to more efficiently secure and manage today’s explosion of remote workers."

Qualys VMDR provides an all-in-one cloud-based app that automates the entire vulnerability management cycle across on-premises, endpoints, cloud, mobile, containers, OT and IoT environments – significantly accelerating the ability for organizations to respond to threats and prevent breaches. Deployment for the cloud-based app is easy, and pricing is asset based, which makes it simple to procure. Ivanti Patch Management technology is available today as an integrated component of Qualys VMDR.

To learn more, visit https://www.qualys.com/vmdr.

Ivanti Patch Management technology for OEM partners, marketed as Ivanti® Security Controls SDK, is provided to partners through a series of SDKs that allow rapid integration of a complete patch management solution into existing security solutions. These SDKs cover the patch management life cycle from endpoint assessment to patch packaging to patch deployment. This allows partners to deliver a full application security solution with patch content that covers Windows OS, MacOS and Linux variants as well as thousands of third-party applications. Whether a partner’s solution is supporting customers in the cloud, on-premise or in the datacenter, Ivanti Security Controls SDKs allow OEM partners to deliver world class agent-based and agentless patching across completely heterogenous environments.

To learn more visit: https://www.ivanti.com/partners/oem. 

About Qualys: One Cloud Platform – One Agent – One Global View

Qualys, Inc. (NASDAQ: QLYS) is a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions with over 15,700 active customers in more than 130 countries, including a majority of each of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and consolidate their security and compliance solutions in a single platform and build security into digital transformation initiatives for greater agility, better business outcomes, and substantial cost savings. For more information, please visit www.qualys.com.  

About Ivanti: Better Experiences, Better Outcomes.

Ivanti automates IT and Security Operations to discover, manage, secure and service from cloud to edge. From PCs to mobile devices, VDI, and the data center, Ivanti discovers IT assets on-premises, in cloud, and at the edge, improves IT service delivery, and reduces risk with insights and automation. The company also helps organizations leverage modern technology in the warehouse and across the supply chain to improve delivery without modifying backend systems. Ivanti is headquartered in Salt Lake City, Utah and has offices all over the world. For more information, visit www.ivanti.com and follow @GoIvanti.

Copyright © 2020, Ivanti.  All rights reserved.

Press Contacts:

Spencer Parkinson
Ivanti
+1 801-694-0179
spencer.parkinson@ivanti.com 

Erin Jones           
Avista Public Relations for Ivanti
+704 664-2170
ivanti@avistapr.com 

Shuchi Joseph
Ying Communications
+65 98005037
Shuchi.joseph@finnpartners.com

PR Newswire

The Philippines Armed Forces & Police Mutual Benefit Association Creates New Digital Loan Product in Under a Week with OutSystems

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MANILA, Philippines, Aug. 3, 2020 — OutSystems today announced that Philippines financial solutions provider, Armed Forces & Police Mutual Benefit Association Inc. (AFPMBAI) is using the OutSystems low-code application development platform to launch a new loan product to continue serving its members amidst the ongoing COVID-19 pandemic.

AFPMBAI provides insurance solutions and personal loans to uniformed personnel and their families. Traditionally, the majority of work was done face-to-face, with advisors conducting assessments and approving loans and policies across its 18 locations. However, due to the escalating COVID-19 situation, the Philippines entered lockdown and the company was forced to digitalize its physical sales process in a matter of days. The lockdown affected both daily operations and the income stream at AFPMBAI, as the government placed restrictions on financial services companies’ ability to collect premiums and loan repayments. This forced AFPMBAI to find a new income stream to protect the long-term future of the business and continue to support the Philippines’ uniformed services during this period.

"We had to act quickly to maintain operations. Many people depend on us for loans and insurance, and we had to ensure they had access to finances, more so during this crucial period," says Antonio Hornilla, Chief Information Officer, AFPMBAI. "The new digital loan product is highly competitive and unique in the marketplace – higher loanable amounts, lower interest rates and more flexible terms. The product represented a lot of work. What we achieved with OutSystems was impressive, as it’s quick to code and very fast to test—we couldn’t have achieved that with our legacy platform."

By employing the OutSystems application development platform, the team was able to turn the new product idea into a fully functioning digital product in under a week, collaborating over video calls for real-time tweaks and testing simultaneously as they worked. The initial system was built in just four days, with two days of subsequent testing to get it ready for launch. The stakeholders from various departments could then access the platform and provide feedback on the new application. The launch of the new digital loan product was a resounding success. AFPMBAI had initially set aside around USD5 million, expecting to offer the loan for a month. However, with the combination of favourable terms and a user-friendly application interface, the entire portfolio sold out in just two weeks. The flexibility and speed of OutSystems development was tested as the team was tasked to rapidly build a temporary integration with the old system, and get the missing data copied across.

"Agility plays a critical role when responding to community needs during this unprecedented time," said Mark Weaser, APAC Vice President of OutSystems. "This project with AFPMBAI not only offers the ability to deliver applications faster and more efficiently than ever before, but it goes to show how OutSystems empowers them to be responsive and deliver custom solutions to their customers at scale."

The team at AFPMBAI now have the ideal foundation to continue offering vital financial support to uniformed service members throughout the Philippines, especially during this challenging period and sound foundation upon which to deliver and adapt new digital products to market faster post-pandemic.

About OutSystems

Thousands of customers worldwide trust OutSystems, the number one low-code platform for rapid application development. Engineers with an obsessive attention to detail crafted every aspect of the OutSystems platform to help organisations build enterprise-grade apps and transform their business faster. OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire applications that easily integrate with existing systems.

Visit us at www.outsystems.com or follow us on Twitter @OutSystems or LinkedIn at https://www.linkedin.com/company/outsystems.

About Armed Forces & Police Mutual Benefit Association, Incorporated (AFPMBAI) 

Armed Forces & Police Mutual Benefit Association, Incorporated (AFPMBAI) is an organized mutual benefit association that provides security, protection and meaningful financial solutions for the uniformed services of the Philippines and their families. Members hail from the Armed Forces of the Philippines, the Philippine National Police, the Bureau of Fire Protection, the Bureau of Jail Management and Penology and the Philippine Coast Guard to name a few.

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