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Saturday, December 07, 2024

UAE Neobank Engine Creator Trigger Software And Swedish Sigma Software Group Become Technology Partners

Dubai’s Trigger Software agreed to work together with Sigma Software Group on projects in the digital banking space. The strategic partnership between the two aims to fast-track projects in the digital banking sphere, empowering financial institutions to serve their clients more efficiently. With Trigger’s cutting-edge solutions already aiding over 10 million clients worldwide and Sigma’s deep fintech expertise, this partnership signifies a new era in digital banking.

Trigger Software develops its own proprietary technologies: Trigger Neobank Engine (TNBE) and Trigger API Gateway (TAG).

TNBE includes 300+ pixel-perfect visual layouts and 150+ ready-made business processes, such as KYC, payments, loans, and more. Trigger offers the Trigger Interface Constructor (TIC) for easy iOS and Android app interface configuration without updating the app on App Store or Google Play. TAG allows quick production-ready API deployment with authorization, supporting various databases and AI integration for natural language API requests.

“Trigger Neobank Engine helps banks, fintechs, credit unions, retailers, telcos to launch their own digital neobank. Customers can have a digital neobank up and running in 6 months at a fixed cost, with an opportunity to easily develop and add new features in future. We are very happy that Sigma Software now places its trust in our transformative technology”, says Max Bondar, CEO & Founder of Trigger Software.

Sigma Software is recognized as one of the Top 100 leading IT service providers globally by IAOP and is a trusted partner for numerous companies in the Middle East. With a strong expertise in various industries, Sigma Software has further enriched its capabilities in fintech and blockchain through a merger with Ideasoft in 2021. As a result of this partnership, Global Ledger, a startup offering an effective solution to combat money laundering and cybercrime while enabling banks to seamlessly engage with cryptocurrencies, was successfully facilitated.

Another noteworthy success story is Datrics.ai, providing intelligent AI-powered growth solutions to accelerate financial services. Recently, they announced a strategic partnership with the NEAR Foundation.

“With extensive fintech expertise and a wide network, we identify cutting-edge products that foster digitalization for our finance and banking industry clients. At Sigma Software, we unite such innovative solutions within our partner ecosystem, delivering time- and cost-efficient answers to meet the demands of our customers, – notes Mahboob Subuhani, Director – IT Solutions, MEA & APAC at Sigma Software Group. The integration of Trigger Neobank Engine will empower us to offer comprehensive digitalization services to our clients, enabling the swift provision of banking services through digital channels at remarkable speeds”.

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