JATIS GROUP acquires Solutions Exchange Inc.

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Jatis Group, one of Indonesian largest ICT consulting group of companies announces that it has become the majority owner of Solutions Exchange Inc., Philippines.

JATIS GROUP through one of its subsidiary Jatis Imagineering Philippines Inc. has concluded a majority ownership deal to acquired Solutions Exchange.

JATIS GROUP a subsidiary of Indivara Group, Indonesian largest technology group of companies headquartered in Jakarta, Indonesia with offices in Singapore, Malaysia, and Philippines. JATIS has recently acquired a 51% stake in Solutions Exchange, a testament to its confidence in the company’s track record and growth in the Philippines.

This new alliance promises exciting developments for both companies, with Solutions Exchange providing its expertise in online banking solutions and JATIS imparting its knowledge in E- Commerce, Payment Solutions and Wealth Management System. As a result of the acquisition JATIS’ President and Group CEO, Jusuf Sjariffudin now sits as Chairman of the Board of Solutions Exchange. Medy Camerino shall continue to provide her leadership as President and CEO.

The Management as well as all the employees of Solutions Exchange will continue in their current roles and responsibilities.“With share the same believed which is Instead of just being a technology trader we develop and own the Intellectual Property(IP) of all of our applications and the facts that the products that the two companies have are complementary and not competing so we could embrace the strategic value to do cross selling of each other products into existing customers” said Jusuf Sjariffudin, President and CEO of JATIS GROUP

The buyout is a significant milestone in JATIS continuing evolution. Its management is committed to growth and innovation, and its new acquisitions will enable it to expand its product offerings and provide complete services to Financial Service Industry.

About Solutions Exchange
Founded in 1999, Solutions Exchange (SXI) is a leading Filipino IT company that provides retail banking solutions in the Philippines. SXI has developed its own suite of banking of applications that caters to the digital banking experience. Over the years, it has established a track record of successfully implementing banking systems which are used by most of the universal and commercial banks in the Philippines today.

About JATIS
Established in 1997, Jatis is the subsidiary of Indivara Group, Indonesian largest technology group of companies and one of the largest in the region which focus in consulting, software development and implementation. Headquartered in Jakarta, Indonesia with offices in Singapore, Malaysia, and Philippines, Jatis‘ have proven track record in implementing complex,
large scale software projects throughout South East Asia. Its client list includes Asia Pacific’s most reputable institutions in the financial, mobile-telecommunication, manufacturing, retail & distribution and travel & transportations.

Jatis Group and Panorama Tours Start a Strategic Partnership

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Panorama Tours, one of the leading travel agents in Indonesia, has recently signed a strategic partnership agreement with Jatis Solutions(member of Indivara Group) to improve their e-commerce division by providing a one-stop online corporate booking service to accommodate their customers’ travel needs.

Called Jatis Travel, the service offers a convenient way for companies and individuals to book and pay their tickets and accommodation online, both for domestic and international trips. Customers are able to choose various transportation modes from plane, train, bus, to taxi; and there is also more than 400,000 hotels to choose from.

In this partnership, Jatis Solutions provides the information technology system, software, web application, and payment gateway system to support and improve Panorama Tours’ e-commerce business, which is expected to contribute up to 20% to Panorama Tours’ revenue growth.

Jusuf Sjariffudin, Jatis Group President and CEO, said, “We are very delighted to have this partnership with Panorama Tours. In Jatis, we have the mission to bring more values and revenue to our clients’ businesses by providing them innovative e-business solution and technology. With our help, our clients are able to connect their businesses to their customers, agents, suppliers, or partners easily. ”

Citilink Self Check-In: Powered by Jatis

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In order to improve services to its customers, Citilink, subsidiary of PT Garuda Indonesia for Low Cost Carrier, has launched ‘Citilink Self Check-In’ in Soekarno-Hatta Airport yesterday (24/7). Citilink Self Check-In is using a machine that shape like ATM machine.Citilink has been being the first to launch this Self Check-In service in Indonesia.
Passengers without baggage can check-in by themselves and have the boarding passes without queuing at check-in counter, with these simple steps:  entering Booking Code and Last Name, then it will show the passenger’s name and trip destination, continue with clicking “Boarding” button.

Besides  Soekarno-Hatta Airport at Jakarta, Citilink Self Check-In will also be available in five other airports in the following cities:  Surabaya, Medan, Makassar, Balikpapan, and Denpasar.

Citilink Self Check-In is supported by Jatis, as the Technology Partner that built the engine to integrate it with Citilink’s reservation system.

Previously Jatis and Citilink had partnership in payment system.  And Jatis is looking forward to continue supporting Citilink to provide more innovative solutions for Citilink’s growing customers

AirAsia Indonesia select Jati Piranti Solusindo as their switching company for Ticket Payment

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AirAsia Indonesia select Jati Piranti Solusindo, PT (member of Indivara Group) as their switching company for ticket payment to expedite their collaboration with Permata Bank Tbk as their new payment channel.

Director of retail banking Permata Bank, Lauren Sulistiawati said with this collaboration all AirAsia’s consumer can pay their ticket with e-channel service by Permata Bank (PermataATM, PermataMiniATM (EDC), PermataNet and PermataMobile) to AirAsia Permata Bank virtual account.

Lauren also said to make AirAsia’s ticket payment consumer can use another ATM Bank that connect with ATM Bersama, Prima, and Alto.

CEO of Jatis Group, Jusuf Sjariffudin stated, during 2012 the value of transaction through e-channel Permata Bank reaches Rp. 490 billion. Until May 2013, the value of transaction reaches Rp.560 billion from average of 50.000 transactions per month.

Bank of Philippines Island (BPI) Select Avantrade to provide Online Investment Services

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Bank of Philippines Island (BPI) one of the Philippines’ most respected banking institutions select Avantrade Wealth Management Suite to provide online investment services in order to make mutual and trust funds transactions a lot more easier for their customers which they called “Investment 3.0”.

“Investment 3.0” simplify all customer’s transactions like opening a new mutual fund account, seeing portfolio, subscribing and redeem their investments only by login to www.bpiassetmanagement.com. “Investment 3.0” enables customers to buy various unit trusts and BPI mutual funds securely.

Avantrade Wealth Management Suite, one of the best wealth management platform which have effectively support financial institutions designed specially to meet the industry need. Avantrade features cover financial planning, private banking, insurance point of sales, portfolio management, order management, unit trust, trustee system, bancassurance and pension fund.

This cooperation proves that Avantrade, a platform which build by Indonesian engineers in Jatis Group(member of Indivara Group) have the ability and quality to meet international demand.

Jatis Group(member of Indivara Group) is one of the largest group of IT Consulting Companies in the South East Asia region.

Metrobank Philipines Select Avantrade to transform Trust Front End System

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Jatis Group(member of Indivara Group), through its Philippines subsidiary, announced that it has been selected by Metropolitan Bank & Trust Co. (Metrobank), to provide a unified Trust Front-End System. This system will enhance the front-end branch distribution operations of Metrobank to effectively sell wealth management products to its retail, mass affluent, and high net worth customers. The Trust Front-End System Project will cover the entire Philippines, Luzon, Visayas, and Mindanao. Metrobank is one of the oldest and the second largest bank in the Philippines.

The Trust Front-End System consists of 2 modules:

  • Avantrade™ Unit Trust Sales is specifically designed to support unit trust/mutual fund business process to help agents’ selling process such as: order management, generate and monitor sales while complying with the regulations; and to provide fund supermarket to the customer.
  • Avantrade™ Fixed Income is designed for selling agents and custodians to support fixed income transactions particularly long-term investments. This does not limit to cover government bonds but all types of bonds that can be sold to retail investors. In particular, retail investors with smaller denominations with business scheme such as Broker-Dealer Concept and Inventory Concept are also covered by this system. Inventory Concept means that the Bank takes position to hold and customer can do trading with price set by the bank, no negotiation Aid. Banks act as standby buyer of the small denomination of bonds from the customers.

With the growing wealth of the middle income population in the Philippines, banking customers increasingly become financially literate and look for more options to invest than traditional banking products. The Trust Front-End System is designed to help Metrobank achieve the following business objectives, to increase sales volume and revenue income; to reduce time and effort in processing investment disposition transactions; to have a single transaction entry for both order-taking and settlement; to facilitate a more efficient client profiling and suitability assessment procedure; to offload work from marketing officers; and to have access to real-time information necessarily for Fund Managers to take investment positions effectively. Avantrade™ is web based application, information will easily and widely distribute within users in Metrobank. Fund Managers will have easy access to the entire investments positions.

With the trust given to Jatis by Metrobank, Avantrade™ Wealth Management System continues to show that it can compete with European and American products.

Citilink Mobile Apps : Powered by Jatis Solutions

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In order to improves services to its customers, Citilink, subsidiary of PT Garuda Indonesia for Low Cost Carrier, has launched ‘Citilink Mobile Application (Citilink Mobile Apps)’ yesterday (2/9) in Jakarta. Citilink Mobile-Apps is available to be downloaded through Blackberry Application World for Blackberry users, Google Play for Android users, and App Store for iPhone users.

With Citilink Mobile Apps, customer can simply book a flight, do the mobile check in, and check their booking and flight status through mobile device with an user-friendly interface and equipped with 2 languages options, Indonesia and English.

As a technology partner, Jatis Solutions(member of Indivara Group), continue to provide more innovative solution for Citilink. Through this application, customers can easily connect with Citilink anytime and anywhere.  Previously Jatis Solutions and Citilink had partnership in payment system and Citilink Self Check-in.

Citilink Mobile Apps will continuing improve its features with extra baggage, pre-book meal, Green Seat, Citilink Shield, flight schedule and other features, so stay tune for new and exciting features soon.