SILVERLAKE Axis Ltd has made a name for itself as a leading financial solutions software company in South-East Asia. Today, more than 40% of the region’s top 20 banks uses its core banking solutions. However, founder and group executive chairman Goh Peng Ooi is now looking beyond just the bread-and-butter business that has taken it thus far.
That is why in the past five years, through a series of acquisitions, the company has moved beyond the banking industry to retail, logistics, payment, insurance and mobility/internet solutions. It is also diversifying geographically, as analysts believe the acquisition of New Zealand Stock Exchange-listed Finzsoft Solutions Ltd will provide the company the platform to expand in the wider Asia-Pacific region.
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