Infomina bags RM23.9mil purchase order from Philippines National Bank

KUALA LUMPUR: Infomina Bhd has received a US$5.4mil (RM23.9mil) purchase order from Philippines National Bank for technology application and infrastructure operations, maintenance and support services.

In a statement, the technology solutions provider said the purchase order is for a period of three years from March 1, 2023, to Feb 28, 2026.

Infomina managing director Yee Chee Meng said the purchase order will further strengthen its presence and foothold in the Philippines.

"The solutions that we are offering will enable PNB to smoothly migrate to new core banking application in a secured manner.

"The new core banking application will have the capability to allow PNB to build Artificial Intelligence Operation and Automation (AIOps) in PNB’s environment. This solution suite will provide PNB the flexibility to modernize their core banking system," he said.

He added that he expects Infomina to further add value and extend its full range of services to Philippines National Bank as it plays a supporting role in its modernisation plans.

He said that with the new purchase order, the group's outstanding order book stands at about RM550mil.