“Allied Bank Selects Atos Origin’s ASCCEND Solution to Drive Credit Card Strategy”
Manila, Philippines, 25 April 2007
Atos Origin's Card Payment Solution Chosen As Ideal Platform For Transaction Volume Growth, Speed of New Service Delivery and Lowest TCO
Atos Origin announced that Allied Bank has selected Atos Origin's ASCCEND as its credit card solution platform to drive its credit card business strategy in the Philippines. Deployment of the solution has already begun and the solution is expected to be live by the end of the year.
Allied Bank is one of the pillars of the banking industry in the Philippines. It has been providing a full range of financial services to consumers and businesses for thirty years. As a further demonstration of its commitment to provide superior services for its clients, Allied Bank will be implementing Atos Origin's end-to-end credit card payment solution, ASCCEND, to upgrade its operational capability and enhance its service quality.
“In the last thirty years, Allied Bank has developed as a strong and resilient financial institution, focusing on customer satisfaction and industry development,” said Reynaldo A. Maclang, President of Allied Bank. “In the next phase of our growth, we will continue to invest in strengthening our operational and technological capability to sharpen our focus on meeting the needs of our customers, expanding our customer base and portfolio of services.”
“In selecting Atos Origin, we are working with a partner with a proven track record and leadership in credit card payment solution,” said Mr Maclang. “ASCCEND is a versatile and flexible solution that fits our requirements and is an ideal platform for us to build up our card payment management capability and to drive our credit card business forward.”
Drawing on Atos Origin's more than 20 years of credit card domain expertise, ASCCEND is an integrated payment solution covering the entire spectrum of the card issuing and merchant acquiring business. It enables existing card issuers to do-more-with-less, enhancing business performance and facilitates fast deployment without committing high infrastructure investment.
“We are honored to be chosen as a partner by Allied Bank in its credit card business,” said Katherine Lai, Sales Manager for Philippines & Vietnam, Atos Origin Asia Pacific. “More than 70 per cent of the credit cards and over 100 implementation sites in Asia are powered and serviced by Atos Origin's solutions and services. We will leverage the depth of our experience and expertise in credit card solutions to catalyse Allied Bank's drive to be a leading credit card player in the Philippines.”
“ASCCEND is a powerful solution because of its flexibility for customization to meet customers' needs, scalability for sustaining rapid transactions volume growth and low cost of total ownership,” said Tee Kee Ming, Vice President for Banking and Finance, Atos Origin Asia Pacific. “We are excited about working with Allied Bank and look forward to a lasting and productive relationship.”
About Allied Bank
A preferred universal bank, Allied Bank is one of the top ten private commercial banks in the country. Its 30 years of banking alliances span over 285 local and foreign branches, a dozen of local and foreign affiliates and subsidiaries and hundreds of consultancies, correspondents and remittance tie-ups worldwide. Providing a wide array of innovative and value-added products and services, Allied Bank harnesses the latest technologies for greater banking efficiency and convenience. This is in pursuit of its goal of setting up a fully integrated banking system that would deliver multi-product and multi-channel services to its customers.
About Atos Origin
Atos Origin is an international consulting and information technology (IT) services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are EUR 5.4 billion and it employs 50,000 people in 40 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games. Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, Atos Euronext Market Solutions, Atos Worldline and Atos Consulting.
In Asia Pacific, Atos Origin has its regional headquarters in Singapore and has over 3,000 employees in 9 countries servicing clients in Financial Services; Discrete Manufacturing; Telecom & Utilities; Process Industries; CPG/Retail and Public Sector. Atos Origin Asia Pacific is a top 50 IT company in ZDNet Asia's Top Tech Index 2005/6; and amongst the top-25 enterprise players in the FinTech 100, according to Financial Insights (an IDC company).
For more information, please contact :
Atos Origin Asia Pacific
VP, Marketing Communications
+65 6832 2617