POB engages Softlogic as IT partner - Solomon Star News

POB engages Softlogic as IT partner

21 March 2014

The country’s newly registered commercial bank - Pan Oceanic Bank (POB) has secured the service of a top information technology (IT) company in Sri Lanka to provide IT work for the bank here.

In a statement on Thursday the bank said Softlogic Information Technologies is one of the premier ICT companies in Sri Lanka and a pioneering subsidiary of Softlogic Holdings.

“It recently secured multi-million rupee project for the delivery and implementation of a core IT infrastructure to Pan Oceanic Bank (POB) in Solomon Islands.”

POB will be the country’s 4th commercial bank to provide a range of banking services to the public.

Commenting on the partnership, POB chief executive officer (CEO) Nihal Kekulawala said; “The bank was very particular in selecting the right partner and the POB team required the assistance of M/s. Global Management Consultants (GMC) who carefully evaluated all options before selecting the right partner.

The statement said Softlogic Information Technologies is regarded as one of the pioneers and innovators of the information technology industry in Sri Lanka.  

“We are proud to partner such an organization, a Dell Premier Partner, an Affiliate EMC partner, an Enterprise VMware partner & a Tier 1 Value Added Partner for Computer Associates in Sri Lanka who exemplified great expertise and service handling the project,” the bank’s statement said yesterday.

In a statement Mr. Roshan Rassool Director/CEO Softlogic Information Technologies (Pvt) Ltd said they are proud to team up with POB and off the new service.

“As the leading IT platform based solution provider in Sri Lanka we are proud to partner with Pan Oceanic Bank and offer our enterprise solutions”.

He added that the team has designed a total high-available redundant IT infrastructure that will function 24x7 with no single point of failure.

“This means even if there is any single device failure in the banks IT infrastructure the proposed design will function without any interruption enabling the bank to conduct its business as usual & offer services to its customers. The system also provides a comprehensive disaster recovery plan to ensure all data of the bank is protected and replicated to a disaster recovery site to resume business within a matter of minutes.”

He further added, “We have a strong and skillful team who are capable of providing solutions to global standards. There are number of opportunities and challenges that local and international organizations currently face and must be addressed. Not only to meet today’s needs, but to prepare them for the future. Our solutions addresses the aspects for the enterprise and considers many issues in managing data growth, dealing with security, and training, understanding new regulations and also maximizing substantial returns from their IT investments”.

Softlogic Information Technologies (Pvt) Ltd has an annual turnover of over Rs. 25 billion. Softlogic Holdings PLC, rated as one of Sri Lanka’s most dynamic Diversified Conglomerate in Sri Lanka, Softlogic has expanded and entered the key growth sectors of Retail, Healthcare, ICT, Automobiles, Travel & Leisure and Finance and Insurance, holding Authorized distributorships for a number well-known Global Brands.

More information on Softlogic Information Technologies can be obtained at www.softlogic.lk

Meanwhile POB is all set to open its doors come May this year. POB’s chief who is currently in the country said they have recruited close to 20 locals to help pioneer the bank’s operation in Solomon Islands.

A number of expatriates have also been recruited to ensure the bank kicks off its operations as planned.

The bank is currently scouting for an office space in Honiara before rolling out its operations.

Mr Kekulawala told local media this week that they are committed to provide a service just like any other commercial banks.

He said more promotions and awareness about the bank will follow soon.

Central Bank last year granted an interim license for the bank to operate here. If it satisfies government and CBSI a long term license is expected to be granted.