Vanguard News
Fintrak software emerges tech company of year
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By Cynthia Alo
FinTrak Software, a Financial Technology (FinTech) organization has announced that it emerged the Fintech Company of the Year 2020 at the Nigerian Business Leadership Awards (NBLA) in Lagos.
In a statement, the company which provides technology and business solutions to financial institutions and enterprises noted that the award is in line with its strides in the financial ecosystem which deploys indigenous information technology (IT) solutions to banks and insurance firms in the country.
The statement noted that Fintrak has significantly contributed and improved the way financial players do business by deploying enterprise software compliant with world-class standards especially the International Financial Reporting Standards (IFRS). Core systems offered by FinTrak Software include Core Banking System, Channels and Enterprise Resource Planning (ERP).
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’Femi Asu
Rainoil Limited, an integrated downstream oil and gas company, has been recognised with the ‘2020 Downstream Company of the Year Award’.
The award was presented to the company at the Nigerian Business Leadership Awards 2020, according to a statement issued by the company.
He said the Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie, described the award as ‘an acknowledgement of the group’s consistent focus on strategic and value-driven investments in the energy sector of the Nigerian economy’.
He said the award came at a time the company was making great effort to in ensure the utilisation and deepening of gas penetration in the country.
FinTrak Software, a global Financial Technology (FinTech) organisation based in Lagos, providing innovative technology and business solutions to financial institutions and enterprises across continents, was recently recognised as The Fintech Company of The Year 2020 at the Nigerian Business Leadership Awards (NBLA), which held in Lagos.
The event brought together captains of industries from various sectors of the economy.
The award was a recognition of Fintrak’s strides in the financial ecosystem, deploying indigenous information technology (IT) solutions to banks and insurance firms in the country. Fintrak has significantly contributed and improved the way financial players do business by deploying enterprise software complaint with world-class standards especially the International Financial Reporting Standards (IFRS). Core systems offered by FinTrak Software include Core Banking System, Channels and Enterprise Resource Planning (ERP).
Many Retirement Savings Account (RSA) holders have been asking about the modalities of the pension transfer window that was announced by the National Pension Commission (PenCom), recently.
According to a statement, some of their questions bothers on what distinguishes a Pension Fund Administrator (PFA) from the other, and what should influence choice and movements.
Owing to this, the Managing Director, ARM Pension, Wale Odutola, was quoted in the statement to have provided insights into the key differentiating elements that are likely to influence choice of one PFA to the other.
According to him, these elements becomes the competitive qualities that PFAs are going to work on, which brings additional value to the RSA holder and for the larger pension industry.
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Nigeria’s leading lottery company, Western Lotto Nigeria Limited, has been named as “the Gaming Company of the Year.”
The honour was given to the company at the Nigerian Business Leadership Awards (NBLA) held at the weekend in Lagos.
According to Business Day newspapers, the organisers of the awards, Western Lotto won the award “because of the company’s track record as a leading provider of bookmaking, online and offline – a move which effectively disrupted the gaming space.
“Secondly, is the impressive performance of Western Lotto Nigeria Limited from inception in 2017 to the current position today as a foremost lottery company in Nigeria. It has leveraged on technology and innovation to consistently raise the bar in the gaming industry in Nigeria.