Modefin receives accolades for Star Performance in IBSI SLT 2021

By Leandra Monteiro

In the recently announced 2021 Sales League Table (SLT) by UK-based IBS Intelligence (IBSI), Modefin has been ranked No. 1 in “SLT New Entrant – Star Performance,” under Digital Banking and Channels.

In its annual Sales League Table, IBSI ranks products across categories. The IBSI SLT 2021 included systems purchases made by over 1000+ banks across 180+ products from 60 suppliers across the Americas, Europe, Middle East, Africa, APAC and ASEAN.

The ranking, considered a global industry barometer, features the top performers from all over the world in 12 categories which include Retail Banking, Wholesale Banking, Wealth Management and Islamic Banking. For the management team at Modefin, the SLT Table 2021 accolade for New Entrant – Star Performance under Digital Banking, is a testimony to inventive efforts, seamless delivery and sustained customer satisfaction.

Speaking on the achievement, Amit Darda, COO, said, “When it comes to industry awards in fintech, SLT Table is the pinnacle. In our very first year of participation, we are most grateful for being chosen as Star Performer. We dedicate this award to whom it rightfully belongs – our customers, stakeholders and team members.”

Indranil Basu Roy, Chief Business Officer responsible for Sales, Marketing and Solutions Consulting, believes the timing could not have been better. “Almost every customer in the geographies we serve is looking at digital as a key pillar of their growth strategy, more so due to the pandemic. Their implicit trust in Modefin as their partner in this journey is validated by the award. Our customers know they can bank on us.”