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FINAP Receives Highest Accolade for ECOru – Banking & Finance Solution

March 12, 2021adminNews & Events

We are pleased to inform you that FINAP- Fintechnology Asia Pacific Lanka (Pvt) Ltd, won two coveted awards at National ICT Awards, NBQSA -2020, held on 3rd February 2021 at BMICH. Our champion product ECOru- the leading Core Banking & Finance Solution was crowned the Gold Award Winner of the Finance & Accounting Solutions (Fintech) in Business Services Category and further, was recognized as the Most Innovative & Best Solution in Cloud Computing.

NBQSA recognizes the best of the best within ICT products & solutions industry in Sri Lanka. All the recipients of the awards and irrespective of the category of the award, have demonstrated the quality, robustness and international competitiveness of their products & solutions.

ECOru is the most technologically advanced banking & finance system in the market. ECOru clearly sets apart from its competitors through open API or open banking, being highly parameterized & scalable and via integrated business information & analytics tools. All these progressions backed by the assurance of the quality, recognize ECOru as the best modern-day banking & finance solution, and plays a major role in delivering sustainability to the business operations of Financial Service Providers.

To complement the ECOru system and make it a total solution, we have developed the ‘Mula- Field Agent Mobile App’. Mula digitalizes the core process carried out by field agents of microfinance, finance & banking operations while improving their workflow efficiency & reducing operational cost. It is embedded with real-time transactions, high security controls and offline mode which enables field agents to work in remote areas with no internet connectivity

ECOru also has a great emphasis on Micro Finance Institutions (MFI’s). It is an economical solution developed for financial inclusion and banking the unbanked especially in remote areas. ECOru’s greatest strength- Open Banking (Open API) has been able to create an ecosystem within the BFSI industry and thereby empower the microfinance sector to give the best service & benefits to their customers.

Furthermore, to ensure our commitment towards our products; stability, agility, scalability, and expandability of our solutions, we employ best-practices in development and delivery of our solutions. For the same reason, we constantly engage in research to ensure that our knowledge, methodologies and technological portfolio are up to date. We engage with world leading platform providers and continuously upgrade and enhance the knowledge of our engineers and send them through rigorous
practical training settings on a continuous basis. This approach ensures that our solutions carry the best technology available on any day and excellent value of money.

Anurudda Wijekoon
Executive Director / CEO
Fintechnology Asia Pacific Lanka (Pvt) Ltd

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LMPA is the pioneer in microfinance networking among microfinance practitioners in Sri Lanka, and was initiated on the 31st of March 2006. The Lanka Microfinance Practitioners’ Association is incorporated as a non-profit organization under the Companies Act No. 7 of 2007.

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