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Southtech Ascend Banking System Version 5 Released
Southtech assessed at CMMI Level 3 Quality Standard
Southtech Wins International Bid
Eastern Bank Limited to Use Southtech SCALED
Southeast Bank Chooses Southtech HR system
Southeast Bank Places Work Order for Southtech Shanchya Patra Management System
Southtech Ascend Banking in Afghanistan
Save the Children - Denmark Sweden Signs Contract with Southtech
Central Hospital Limited to Install Southtech PatientCare
BRAC Afghanistan Bank to Install Southtech Ascend Banking
Ascend.NET Gets Independent Evaluation
Southtech signs an agreement with a London-based software product company
Southtech MBSŪ has been renamed as Southtech Ascend BankingŪ
Southtech Limited Continues Registration to ISO 9001:2000
Southtech SCALED to be installed in Dhaka Bank
BDFCL to install Southtech MBS
Southtech implements Government Bond Management module in a foreign bank
Microsoft Bangladesh and Southtech Limited jointly organize a seminar
Southtech Progressive Stockbroker® Upgraded to interface with CDBL
Southtech Limited Attains Gold Certified Partner Status
In Microsoft Partner Program
Family World automates using Southtech EasyPOS®
Southtech signs off with Coopers for the implementation of Southtech EasyPOSŪ
Southtech sponsors 7th International Conference on Computer and Information Technology (ICCIT)
Southtech Limited Continues Registration to ISO 9001:2000
A&W Restaurant goes live with Southtech DiningPlus®, a fully integrated touch-screen restaurant management software
Southtech automates Institute of Child Health & Shishu Hospital with Southtech PatientCare® Software
Southtech Appointed as Distributor of China’s Largest ATM Manufacturer
Southtech to help Sonali Bank and BASIC Bank in SWIFTNet FIN Migration
Southtech to automate two branches of Agrani Bank with Southtech MBS®
Southtech signs contract with PRICECLUB
Southtech
becomes ISO 9001:2000 certified
Southtech holds workshop at BIBM
Automation works of 1,131 BRAC offices completed
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Dhaka, 2 January 2006
Press
Release
Southtech Millennium Banking SystemŪ (Southtech MBSŪ) has been renamed as Southtech Ascend BankingŪ from 1st January 2006. Southtech Ascend BankingŪ is an integrated online banking system that has been running successfully for over five years and is a highly parameterized banking software suitable for commercial and retail banks that also have large SME and microfinance operations
"We have renamed our banking product to avoid a market misconception that Southtech had jointly developed the software with another company, Millennium. In view of world and national trends we also took the opportunity of interfacing our flagship microfinance product, Southtech Ascend .NET with Southtech Ascend Banking which allows our clients access to a wider choice of financial products at their disposal", said Southtech's CEO and Managing Director, Syed Mamnun Quader.
"While Southtech Ascend .NET interfaces with Southtech Ascend Banking, we are now working towards making the two products integrate seamlessly such that a banking institution wanting to enter the MFI space can do so quickly. Similarly, if an MFI, if allowed to offer mainstream banking services to the public, can do so quickly," said Southtech's Head of Financial Products & Services, Md. Feroz Ahasan.
Established in May 1996, Southtech is a Gold Certified Partner of Microsoft and an ISO 9001:2000 certified company for software design, development, maintenance and sales.
For further information, please contact:
enquiries@southtechlimited.com
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