ASL partners with Finastra to bolster growth in FinTech landscape

By Gloria Mathias

Automated Systems Holdings Limited (ASL), an IT solutions and services provider, has partnered with Finastra, a global provider of financial software applications and marketplaces, to promote its industry-specific DevSecOps business and strengthen its FinTech trajectory.

Under this partnership, the tech firm has become the sole authorized service provider for Finastra’s Kondor solution in Hong Kong and Macau. This collaboration enables ASL to provide managed services to financial institutions investing in Kondor, Finastra’s comprehensive off-the-shelf front-to-back risk treasury solution.

With ASL’s expertise in application development (Dev), cybersecurity (Sec) and 24/7 omni channel managed services (Ops), the partnership ensures the seamless integration and smooth operation of Kondor for clients.

With Hong Kong being a FinTech hub, this partnership enables ASL to expand its reach and venture into the Greater Bay Area. The partnership, integrating Finastra’s Kondor system with ASL’s managed services, marks an evolution of the FinTech and Open Banking sectors.

Wang Yueou, Executive Director and Chief Executive Officer of Automated Systems Holdings Limited said, “Industry focus has been a pivotal business strategy for ASL. This partnership enhances our unified service in the FinTech sector and lays a solid foundation for providing industry-as-a-service. Our extensive DevSecOps IT managed services cover FinTech organizations’ needs throughout the entire IT lifecycle in on-premises, hybrid, and multi-cloud environments. We are always committed to investing in our clients’ businesses.”

The strength of ASL lies in its experience, maturity model, AI-powered platforms – Unified Operation Center, Security Operation Centers and Service Center, and a holistic approach that combines people, processes, and technology to deliver innovative, secure, and reliable IT services.

Richard Zhu, Managing Director, APAC, Treasury and Capital Markets, Finastra shared, “We are thrilled to partner with ASL, a company known for its deep industry expertise and commitment to client success. Kondor is a best-of-breed trading system that meets the growing need for more sophisticated treasury solutions, and we believe this collaboration will foster even greater innovation and efficiency in Hong Kong and Macau’s financial sectors, reflecting the shared vision of both Finastra and ASL.”