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Newgen & ASEAN Business Partners to expand reach in Southeast Asia

By Gloria Mathias

May 22, 2024

  • APAC
  • ASEAN Partners
  • Banking Solutions
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Newgen, Temenos Exchange, ASEAN Partners, SMEs, SME Solutions, Fintech News, Banking Solutions, APAC , Newgen Software, a global provider of low-code platforms, has announced a strategic partnership with ASEAN Business Partners (ABP), a multidisciplinary professional services firm, to expand its business in the ASEAN region.

The partnership marks a significant step towards driving digital transformation and innovation in the Southeast Asian banking landscape.

Through this collaboration, Newgen aims to leverage ABP’s vast expertise and local presence to introduce its advanced banking solutions to Southeast Asian markets, including Indonesia, Malaysia, the Philippines, Singapore, and Thailand. With a focus on onboarding, lending, and trade finance solutions, Newgen intends to empower Southeast Asian enterprises with its low-code platform.

The configurable low-code platform, NewgenONE, will enable banking leaders to unify front-, middle-, and back-office functions, infuse intelligence into operations, and achieve end-to-end automation at scale across thousands of bank-wide applications and processes.

On the partnership, Sumit Dutta, Founder and CEO of ASEAN Business Partners, said, “I am delighted to announce the partnership between Newgen and ABP. We are committed to identifying and introducing the best of global technology into the fast-growing ASEAN market. We are privileged to partner with a global IT pioneer to add value.”

“As ASEAN companies adopt technology to enhance productivity and cut costs, we believe our clients will value Newgen’s innovative solutions, characterized by its customer-centric approach and commitment,” he further added.

Meanwhile, Pramod Kumar, Head of Business, APAC, Newgen Software, said, “We’re excited by the potential for a positive change. The NewgenONE platform is designed to be a game-changer for banking leaders. Teaming up with ABP brings even more expertise to the table, and we’re excited to accelerate digital progress in the region.”

ASEAN Business Partners is a multi-disciplinary professional services firm specializing in assisting international companies start and grow their business in ASEAN. They are passionate about ASEAN, the fastest-growing market in the world, and believe it will be the market of choice for forward-looking international companies.

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