News & Events
2022
April
- Contour Software (PVT) LTD (“Contour”), an indirect subsidiary and part of the Perseus Operating Group (“Perseus”) of Constellation Software Inc. (“CSI”), together with its affiliates, has completed the acquisition of 100% of the outstanding shares of AutoSoft Dynamics (PVT) LTD., as of 15th April, 2022.
2021
December
- The Punjab Provincial Cooperative Bank Limited (PPCBL), a renowned cooperative bank in Pakistan has signed an agreement with AutoSoft Dynamics (Pvt.) Limited (AutoSoft), which is a global core banking and financial services applications provider. The bank has decided to centralize their operations across its widely spread 151 branches, in-line with industry standard practices and in accordance with State Bank of Pakistan’s AML / CFT guidelines. The solution selected includes the state-of-the-art Core Banking Platform “AutoBANKER Premium”, Consumer Lending System “AutoCREDIT” and Financial Monitoring and Compliance Services Solution “AutoCOMPLIANCE”.
September
- Pakistan Mortgage Refinance Company (PMRC), has chosen AutoSoft Dynamics (Pvt.) Limited for the automation of end-to-end Lending Management System for its operations in Pakistan. The solution covers the complete credit application workflow for Loan Origination, Credit Management, Credit Approvals, Risk Management, and requisite reporting. AutoSoft looks forward to starting the implementation of the proposed solution that will support PMRC in its growth ambitions and vision to offer world class-leading financial services for its financial institutions
2020
April
- AutoSoft is proud to announce the go-live of its loan management system across HBFCL’s network of 51 branches nationwide. The Loan Management System (LMS) was implemented expediently using the company’s fast track implementation methodology. House Building Finance Company Limited (HBFC) signed an agreement with AutoSoft Dynamics (Pvt.) Limited (AutoSoft), a global core banking and financial application solution provider to implement its Lending and Treasury Management Solution in August, 2019.
January
- The Bank of Punjab selects AutoSoft’s Human Resource Management Solution – AutoHRM, to automate their HR Operations across Pakistan. The Bank of Punjab has also been a user for the company’s Treasury & Real Time Gross Settlement Solution (RTGS) since 2011. The software Solution will automate all workflow based HR operations starting from resume capturing till an employee’s end of service, with a key focus on requirement for banking HR needs. Its modular architecture will assist the bank in automation of its payroll, HR administration, fund management operations along with direct integration with the core banking application. The bank employee & manager self-service modules will enable the HR department to focus on strategic HR management rather than operational activities. The system comes part and parcel with SBP’s regulatory reporting for the Bank’s HR department and FBR’s tax reporting. The complete system comprises of 27 modules to cover end to end HR management activities.
2019
July
- FINCA Microfinance Bank acquired AutoSoft’s AutoBANKER Premium – Global Banking Suite in 2018 and we are proud to announce the completion its of implementation across the network of 135 branches of the bank. AutoBANKER Premium was implemented expediently using the company’s fast track implementation methodology with the first branch going live in less than 4 months. The solution includes a state of the art Core Banking Platform as well as modules for consumer financing, treasury management, fixed assets and MIS reporting.
June
- National Bank of Pakistan (NBP) Operations has partnered with AutoSoft Dynamics (Pvt.) Limited (AutoSoft) to automate its wholesale banking branch in Manama Bahrain. NBP selected AutoSoft’s latest version AutoBANKER Premium – Global Banking System along with several other plug-ins modules to the core banking system including AutoCREDIT for Corporate Lending, ADAMS for Treasury Automation, AutoTRADE for Trade Services and AutoMIS for Management Information Reporting which are all seamlessly integrated with the core banking platform.
2018
July
- Allied bank, AutoSoft Dynamics and FINJA join hands to launch ABL’s Branchless Banking Solution. Allied Bank has partnered with AutoSoft Dynamics and Finja to implement a complete branchless banking solution. This initiative marks another step in Allied Bank’s journey to provide an enriched customer experience through its digital banking ecosystem and support Pakistan’s National Financial Inclusion Strategy.
May
- FINCA Microfinance Bank has signed up with AutoSoft Dynamics (Pvt.) Limited (AutoSoft) to deploy the AutoBANKER Premium core banking suite. The solution includes a state of the art Core Banking Platform as well as modules for consumer financing, treasury management, fixed assets and MIS reporting. The upgrade will support FINCA Pakistan’s operations across multiple verticals.
April
- AutoSoft Dynamics (Pvt.) Limited is pleased to announce that U Microfinance Bank Limited (UBank) has selected AutoSoft’s ADAMS – Treasury Automation System for the automation of its treasury operations. AutoSoft’s ADAMS – (Money Market & Security Trading System) solution is the best way to maximize productivity of treasury’s operations. The system provides users with wide-ranging features including real time exposure monitoring, support for all money market operations.
January
- AutoSoft Dynamics is pleased to announce the successful migration of 74 Ex-Burj Bank Branches from IMAL on to AutoIBANKER system. We are pleased to see Al Baraka Bank go live with our state-of-the-art Islamic core banking system, which now supports 225 branches of the bank.
2017
November
- AutoSoft Dynamics (Pvt.) Limited (AutoSoft), a global provider of Islamic and conventional banking solutions is pleased to announce that The National Bank of Pakistan (NBP) has selected AutoSoft’s ADAMS Islamic – Islamic Treasury Automation System for the automation of its Islamic treasuries.
October
- National Bank of Pakistan’s Afghanistan Operations have signed up with AutoSoft Dynamics (Pvt.) Limited to deploy the AutoBANKER Core Banking suite. The solution includes state of the art Core Banking Platform as well as modules for corporate and consumer financing, trade services, treasury management solutions along with RTGS STP integration with the Afghanistan Central Bank. The solutions combined will support National Bank of Pakistan’s Afghanistan operations across multiple verticals.
June
- AutoSoft is proud to announce that Commercial Bank of Djibouti (CBD) successfully went live with AutoSoft’s Internet banking solution – AutoWEB in order to provide 24/7 financial services to its customers. AutoWEB will allow CBD to offer internet-banking facilities for its corporate customer base, thereby making its banking services more convenient and accessible within or outside the Republic of Djibouti.
May
- FINCA Microfinance Bank Pakistan’s SimSim wallet, which is backed by AutoSoft’s AutoMWALLET Branchless Banking Solution, received the Seamless Asia Award 2017 for Innovation in Digital Banking. We would like to congratulate the teams of FINCA, AutoSoft and FINJA who have collaborated to bring this product to market in unprecedented timelines.
- AutoSoft Dynamics (Pvt.) Limited, Pakistan’s leading supplier of a complete financial automation solution, continues its winning streak for providing innovative solutions. AutoSoft was awarded the “Technology Innovation Award†for its AutoRTGS Solution at the 3rd Annual RCCI Awards in April 2017 by the Rawalpindi Chamber of Commerce (RCCI).
March
- Al Baraka Bank Pakistan selects AutoSoft’s Islamic Banking System – AutoIBANKER to automate the branches of Burj Bank Limited upon successful merger between the banks. AutoIBANKER is already supporting over 150 branches of Al Baraka Bank (Pakistan) Limited and will now support the diversified network of 224 branches, 208 ATM touch points with access in over 100 cities across Pakistan. AutoSoft’s team has initiated the implementation activities at Al Baraka Bank and plan to complete them expediently using its strong and mature implementation & data migration methodology.
January
- AutoSoft Dynamics (Pvt.) Limited (AutoSoft), a global provider of Islamic and conventional banking solutions is pleased to announce that The Bank of Khyber (BOK) has selected its ADAMS – Treasury Automation System for both the banks conventional and Islamic treasuries. In addition to this, BOK has also chosen AutoRTGS, a real time gross settlement solution for processing of large value fund transfers between banks.
- AutoSoft Dynamics (Pvt.) Limited is pleased to announce that Askari Bank Limited, Pakistan, a leading bank in the country, has gone live with AutoSoft’s Islamic Treasury Management System – ADAMS Islamic and RTGS STP utility (Real-time Gross Settlement System Straight Through Processing)-AutoRTGS. The bank can now easily manage and control their Islamic treasury operations using ADAMS Islamic as well as process large value funds transfers between banks using the AutoRTGS – RTGS STP Utility. The bank signed up for ADAMS Islamic and AutoRTGS at the end of September 2016 and within 3 months was pleased to go live with ADAMS Islamic on January 10, 2017.
2016
September
- AutoSoft Dynamics (Pvt.) Limited is pleased to announce that Askari Bank Limited, Pakistan, one of our existing client has chosen AutoSoft’s Islamic Treasury Management System – ADAMS Islamic and RTGS STP utility (Real-time Gross Settlement System Straight Through Processing) – AutoRTGS. The bank can now easily manage and control their Islamic treasury operations using ADAMS Islamic as well as process large value funds transfers between banks using the AutoRTGS – RTGS STP Utility.
- AutoSoft Dynamics is pleased to announce that our prestigious client Al Baraka Bank Limited, Pakistan, has chosen AutoSoft’s RTGS STP Utility to handle large value fund transfers between the banks in Pakistan as regulated by the State Bank of Pakistan. AutoRTGS provides a complete network that will help the bank to easily send and receive information and messages about financial transactions in a standardized, secure and in a reliable environment.
- AutoSoft Dynamics is pleased to announce that Pakistan’s pioneering microfinance bank Tameer Microfinance Bank Limited, Pakistan, has chosen AutoSoft’s RTGS STP Utility. AutoRTGS is a real-time straight through processing application for processing of large value interbank remittance transactions in real-time.
July
- AutoSoft Dynamics is pleased to announce that our prestigious client Askari Bank Limited, Pakistan, has taken AutoSoft’s RTGS STP Utility to handle large value fund transfers between the banks in Pakistan. AutoRTGS system has been designed in line with the State Bank of Pakistan’s requirement for all banks to enable the RTGS STP system by December 31, 2016.
June
- AutoSoft Dynamics’ team celebrated 16 eventful and innovative years in delivering high-performance banking automation solutions on June 01, 2016. The company was founded in June 2000 with a team of 18 colleagues and a vision to become a leading technology provider specializing in financial automation solutions. In the ensuing years AutoSoft is proud to have forged lasting relationships with customers across three continents and today houses over 140 associates. Today AutoSoft is proud to power 22 leading financial institutions with their cutting edge solutions.
May
- AutoSoft Dynamics (Pvt.) Limited is pleased to announce that The Bank of Punjab, Pakistan, one of our existing client has chosen AutoSoft’s Islamic Treasury Management System – ADAMS Islamic and RTGS STP utility (Real-time Gross Settlement System Straight Through Processing) – AutoRTGS. The bank can now easily manage and control their Islamic treasury operations using ADAMS Islamic as well as process large value funds transfers between banks using the AutoRTGS – RTGS STP Utility.
- AutoSoft Dynamics is pleased to announce that our prestigious client Sindh Bank Limited, Pakistan Conventional & Islamic, has selected AutoSoft’s RTGS STP Utility to handle large value fund transfers between the banks in Pakistan as regulated by the State Bank of Pakistan. At AutoSoft we always strive to provide user-friendly, scalable as well as functionality rich banking solutions to our clients that are well-aligned to help the customer achieve their business objectives and also stay up to date with latest technologies.
- AutoSoft Dynamics is pleased to announce that The Bank of Punjab (BOP), one of the largest banks in Pakistan has chosen AutoSoft’s RTGS STP Utility and ADAMS Islamic Treasury Management System as an enhancement to the ADAMS Conventional Treasury Automation System already running at BOP for the processing of Islamic Treasury Operations as well as to handle large value fund transfers between the banks in Pakistan.
April
- AutoSoft is honored to receive the 2nd Rawalpindi Chamber of Commerce (RCCI) Information Communication Technology (ICT) Award 2016 for Excellence in E-Banking recognizing the company’s expertise in providing banking / financial services to the banked / unbanked communities via its robust AutoMWALLET – Branchless Banking Platform. AutoSoft expresses its gratitude to RCCI for taking the initiative and for recognizing the potential of AutoSoft’s product suite.
- AutoSoft has participated as a co-sponsor in E-Banking Conference 2016, held at PC Karachi organized by Total Communication. Mr. Javed Mushtaq (CEO, AutoSoft) presented AutoSoft’s innovation of Branchless Banking Ecosystem – AutoMWALLET to the audience. AutoMWALLET – A Branchless Banking Ecosystem; is a complete suite which can be configured alongside both Islamic and conventional banking and also has a rich set of features and functionality for the microfinance and other financial sectors etc.
March
- AutoSoft Dynamics and FINCA Microfinance Bank partner up for the implementation of AutoMWALLET – an innovative Branchless Banking solution. The strategic alliance between FINCA and AutoSoft for AutoMWALLET will offer tremendous benefits to the banked as well as to the unbanked communities. AutoMWALLET will help FINCA in expanding the bank’s network, by allowing access of financial services to people in rural as well as urban areas. It will also allow the bank to truly execute on The State Bank of Pakistan’s vision of financial inclusion.
- AutoSoft has participated as a co-sponsor in Mobile Commerce 2016 Conference, held in Moven pick Karachi organized by Total Communication Karachi. Mr. Javed Mushtaq (CEO, AutoSoft) presented AutoSoft’s innovation of Branchless Banking Ecosystem – AutoMWALLET to the audience. AutoMWALLET – A Branchless Banking Ecosystem; is a complete suite which can be configured alongside both Islamic and conventional banking along with a rich set of features and functionality for the microfinance and other financial sectors etc.
February
- It is a pleasure to announce that AutoSoft Dynamics has successfully completed the integration testing between its core banking platform and NADRA’s biometric system at Al Baraka Pakistan Limited. As directed by the State Bank of Pakistan that all customer accounts must be biometrically verified, AutoSoft has developed a Biometric Verification System of its own that has been integrated and successfully tested with NADRA’s biometric system.
2015
December
- AutoSoft feels great pride to announce that the implementation of AutoHRM – Human Resource Management suite has successfully been completed in FINCA microfinance bank limited, Pakistan within just 1 month which is another achievement of AutoSoft.
November
- AutoSoft has showcased its new Branchless Banking Ecosystem at the 1st international Conference on Mobile Banking & E- Commerce, organized by Finman Group in Islamabad. Mr. Javed Mushtaq (CEO, AutoSoft) presented AutoSoft’s innovation of Branchless Banking Ecosystem – AutoMWALLET to the audience. AutoMWALLET – A Branchless Banking Ecosystem; is a complete suite which can be configured alongside both Islamic and conventional banking along with a rich set of features and functionality for the microfinance and other financial institutions etc.
October
- AutoSoft Dynamics wins award for best Financial Industry Application for the year 2015 at P@SHA’s 12th Annual ICT Conference and Awards Ceremony. Bringing together local technology stars on a single platform, the Awards ceremony lauded innovation and excellence in the Pakistan ICT industry and recognized the efforts of outstanding achievers that have been making waves both locally and internationally.
August
- AutoSoft Dynamics (Pvt.) Limited (AutoSoft) is proud to announce that it has signed an agreement with FINCA Microfinance Bank Limited (FINCA), the fastest growing microfinance bank in Pakistan, for the deployment of its Human Resource Management solution at the bank. AutoHRM was selected over other HR solutions based on its ability to meet the bank’s requirements and AutoSoft’s proven track record in expediently implementing its software solutions.
July
- AutoSoft is proud to announce the successful implementation of AutoFT – Fund Transfer Management System at Eden Transport Company (ETC), South Sudan in a record time of one month. Eden Transport Company is a sister concern of Eden Commercial Bank (ECB) in South Sudan who have been a customer of AutoSoft’s core banking platform since 2012. AutoFT is a comprehensive Fund Transfer Management System which is part of AutoBANKER III Premium – Web Based Banking Solution. Through a unique implementation, AutoSoft has seamlessly integrated the two systems at ECB and ETC and as a result of this integration and the joint coloration of ECB and ETC, both entities can boast the ability to offer customers hassle free funds transfer anywhere within South Sudan. The two are jointly processing over 4,000 transactions on a daily basis across 24 locations in the country.
June
- AutoSoft sponsored Pakistan’s FIRST Islamic Finance Awards 2015 in collaboration with Emand Group held at Marriot hotel in Karachi on June 10, 2015. Mr. Javed Mushtaq, AutoSoft Dynamics’ CEO, presented AutoSoft’s “Branchless Banking Ecosystem for Islamic Bankingâ€. AutoSoft has developed a suite of Islamic branchless banking plugins to help banks in rolling out a branchless banking solution. They can be integrated with SAP’s state of the art mobility platform which is part of AutoSoft’s offering, and can also be integrated with any third party branchless and/or core banking solutions.
- AutoSoft Dynamics’ team celebrated 15 eventful and innovative years in delivering high-performance banking automation solutions on June 01, 2015. The company was founded in June 2000 with a team of 18 colleagues and a vision to become a leading technology provider specializing in financial automation solutions. In the ensuing years AutoSoft is proud to have forged lasting relationships with customers across three continents and today houses over 130 associates. Today AutoSoft is proud to power 22 leading financial institutions with their cutting edge solutions.
May
- AutoSoft Dynamics (Pvt.) Limited is pleased to announce that its team has just completed a comprehensive knowledge sharing session on SAP’s latest mobile platform 5.1.3 in Dubai. The sessions were conducted by SAP’s consulting Services expert from Germany with the intent to enhance the expertise of AutoSoft team on latest SAP mobile platform. Through its OEM partnership, AutoSoft will deliver mobile banking and payment solutions including a complete branchless banking ecosystem built around its conventional and Islamic Banking platform to provide financial services to the unbanked community around the globe.
April
- AutoSoft is honored to receive the Rawalpindi Chamber of Commerce (RCCI) Information Communication Technology (ICT) Implementation Excellence Award 2015 recognizing the company’s expertise in implementing its banking automation solutions around the globe. AutoSoft expressed its gratitude to RCCI for taking the initiative and awarding the Implementation Excellence Award to AutoSoft Dynamics.
- AutoSoft is proud to announce the successful implementation of AutoBANKER – Global Banking System, AutoCREDIT – Corporate Credit Management System and AutoTRADE – Trade Services System at Commercial Bank of Djibouti within just 3 months; yet another achievement of AutoSoft.
March
- AutoSoft feels great pride to announce that the implementation of AutoSoft’s additional plug-in modules for Consumer and Corporate Credit Management system has successfully been deployed in International Commercial Bank, South Sudan within just 1 month which is another achievement of AutoSoft.
February
- AutoSoft is pleased to announce that our team has set off to Commercial Bank of Djibouti to begin implementation of AutoBANKER – Global Banking System and AutoCREDIT Corporate Credit Management System to automate their corporate banking operations. The implementation teams for AutoTRADE – Trade Services System will follow in the coming month and the bank is expected to go live by the end of April 2015.
- AutoSoft’s prestigious customer International Commercial Bank (ICB), South Sudan has procured additional plug-in modules for Consumer and Corporate Credit Management which will be deployed into the already operational Core system. This is a stepping stone for ICB as they are looking to diversify services to their customers by starting consumer and corporate lending operations. The implementation team has departed for the implementation of the plug-in modules and are expected to finish the implementation by the end of next month.
January
- AutoSoft would like to thank TiE Lahore for arranging such a wonderful event “Fireside Chat: From Africa to Silicon Valley†and Managing Director, Mr. Friday C. Ndhlovu of Investrust Bank Plc. Zambia for sharing his success stories at Lahore University of Management Sciences (LUMS), Pakistan. Ms. Sadia Khan, Chief Operating Officer at AutoSoft Dynamics acted as the moderator in this event and it was wonderful hearing first hand experiences, valued input and insights of Mr. Ndhlovu on varied subjects including investment in Africa.
2014
December
- AutoSoft welcomed Mr. Friday Chakanga Ndhlovu, Managing Director of Investrust bank Plc. Zambia, on a business visit at our head office in Lahore, Pakistan. Investrust bank is our prestigious and one of the first customers, since 1993. Mr. Ndhlovu was happy to see the overall company’s setup and professional environment including other AutoSoft’s diversified products that will be beneficial for the financial growth of the bank.
November
- AutoSoft Dynamics (Pvt.) Limited is proud to announce today the signing of its newest client, the Commercial Bank of Djibouti in Republic of Djibouti, Africa. Commercial Bank of Djibouti, a newly established bank and our first customer in the Republic of Djibouti has selected AutoBANKER to automate its core banking operations.
September
- AutoSoft has launched its new Real Time Gross Settlement System (RTGS) for a large value funds transfer. AutoSoft’s RTGS system is fully integrated with its AutoSWIFT module offering straight through processing for the banks to transfer large value funds for their own accounts as well as for their customers. The RTGS system has gone live this month with its first implementation in Investrust Bank Plc, Zambia.
August
- Sindh Bank Pakistan has procured additional plug in modules of AutoSoft’s AutoIBANKER – Islamic Banking System including Islamic Trade Finance, Islamic Treasury. AutoSoft’s team is currently preparing for implementation, AutoSoft will also develop integration of the Islamic and Conventional Banking Solutions to provide the bank with a consolidated view of both.
July
- Askari Bank Pakistan has chosen additional sub modules including Nostro Reconciliation Module, Inter Bank Debit Advices and Trade Loan Module of AutoSoft to further broaden their financial services spectrum. AutoSoft’s team is currently preparing for implementation of the procured modules.
June
- AutoSoft would like to announce that our solutions are now multi-lingual in order to meet the needs of multi-lingual as well as support multi-cultural environment of banking and financial institutions worldwide.
- AutoSoft is pleased to announce signing up as a SAP OEM partner. Through this partnership, AutoSoft will be able to offer its customer a range of solutions including an integrated branchless banking ecosystem to provide financial services to the un banked.
March
- AutoSoft is an ISO 9001 and ISO 27001 certified company and pleased to announce that re-certification process has been completed successfully.
February
- AutoSoft has appointed Mr. Javed Mushtaq as a new CEO of the company. AutoSoft congratulates Mr. Mushtaq for bringing over 26 years of robust experience towards the success of the company. Prior to joining AutoSoft, Mr. Mushtaq worked with Telstra, Australia as a Senior Consultant, PTCL, Pakistan and Warid Telecom, Pakistan as their CIO.
- AutoSoft is fully committed in making the work environment gender friendly and has registered itself as a Gender Friendly Organization following the Anti-Sexual Harassment Legislation Act. AutoSoft proves their responsibility to care for, protect and provide the best work environment for their resources.
- AutoSoft is on the path of innovation and is pleased to announce that AutoSoft has adopted JAVA platform in order to meet the need for technology innovation for its customers.
- AutoSoft is proud to announce the successful implementation of AutoFT – Fund Transfer Management System at Eden Transport Company (ETC), South Sudan in a record time of one month. Eden Transport Company is a sister concern of Eden Commercial Bank (ECB) in South Sudan who have been a customer of AutoSoft’s core banking platform since 2012.
2013
October
- AutoSoft welcomed Mr. Festus John, CEO of Eden Commercial Bank South Sudan, on a business visit at our head office premises in Lahore, Pakistan. Eden Commercial Bank is one of our prestigious customer since 2012 in South Sudan. Moreover, Mr. John was happy to see the overall company’s setup and a professional work environment followed by AutoSoft.
July
- AutoSoft is pleased to announce the addition of our fifth customer, Royal Express Bank in South Sudan, to our growing financial services industry client list. AutoSoft has a strong track record of success in South Sudan and AutoSoft would like to further improve it by providing quality software solutions and services to Royal Express Bank.
- Eden Commercial Bank in South Sudan, has decided to expand its operation and chosen AutoSoft to provide automated financial solutions for their corporate and consumer credit management needs as well as trade services. AutoSoft has assured their requirements will be met by adding the AutoCREDIT Corporate, AutoCREDIT Consumer and AutoTRADE solutions as plug-ins to the core system.
June
- AutoSoft greeted the senior management of Investrust Bank Plc. Zambia at our head office in Lahore, Pakistan. Investrust is one of the first customers of AutoSoft, signed with our predecessor company back in 1993. Investrust Management was happy to see the working environment and dedication of AutoSoft towards the improvement of ICT framework, reviewed the various new developments being done as well as discussed the areas they would like to further work on.
March
- AutoSoft welcomes our honourable guests Mr. Joseph Kulang John Konga, chairman of South Sudan Investment Authority and Mr. John Ijino Lako Lukudu, Director General of Finance and Economic Development of South Sudan. Mr. Konga and Mr. Lukudu as ambassadors of South Sudan visited different Chambers of Commerce and would like to further enhance the trade related activities between Pakistan and South Sudan.
February
- AutoSoft has been recognized as a reliable technology partner by banks in South Sudan. People’s Bank South Sudan has signed and implemented the AutoBANKER – Global Banking System in their pilot site. People’s bank is now planning to start the implementation of AutoSoft’s AutoHRM – Human Resource Management System.
2012
October
- AutoSoft wants to congratulate the entire team of African National Bank, South Sudan on successful completion of user acceptance test for AutoBANKER – Global Banking System and Auto HRM – Human Resource Management System as chosen earlier this year on May, 2012.
September
- AutoSoft wants to congratulate the entire team of Eden Commercial Bank, South Sudan on successful deployment of AutoBANKER – Global Banking System as chosen earlier this year 2012.
- First Women Bank Limited appreciates AutoSoft latest 4GL Global Banking System- AutoBANKER II for its enriched functionalities that is fully compliant with the requirement of The State Bank of Pakistan and has given the sign-off after User Acceptance Test in the pilot branch
- AutoSoft is pleased to announce that Standard Chartered Modaraba, a Modaraba company of Standard Chartered Bank Limited and Standard Chartered Services Pakistan, has signed AutoSoft’s AutoIBANKER solution. Standard Chartered Modaraba has chosen AutoSoft’s AutoIBANKER to automate their Modaraba operations as per the guidance and direction of the Security and Exchange Commission of Pakistan.
July
- AutoSoft is happy to announce that First Women Bank Limited has decided to upgrade the legacy Core Banking System – AutoBANKER I to the latest 4GL Global Banking System – AutoBANKER II for using additional functionalities for its banking operation need. First Women Bank Limited also have decided to deploy AutoSoft’s end-to end conventional banking suite for complete automation of all their branches.
May
- AutoSoft proud to announce that the up-gradation process for AutoBANKER, AutoCREDIT, AutoHRM and AutoMIS has successfully been completed at Apna Microfinance Bank within a short span of 3 months as requested earlier in March, 2012.
- AutoSoft is delighted to declare our third customer, African National Bank, in South Sudan and we welcome them in our growing clientele network. African National Bank has selected AutoSoft for the implementation of AutoBANKER and AutoHRM to power their core banking and the automation of their human resource management needs.
March
- After the conversion of Network Microfinance Bank Limited to Apna Microfinance Bank, AutoSoft is delighted to announce that the bank has opted to continue using AutoBANKER to power their microfinance needs. Apna Bank has requested for the up-gradation of the solution with more enriched functionality to streamline and enhance their business and operations.
- The success of International Commercial Bank, South Sudan has paved the way for AutoSoft in the South Sudan market and AutoSoft has signed its second customer, Eden Commercial Bank. AutoSoft’s team will be departing for South Sudan for the GAP Analysis and implementation of AutoBANKER – Global Banking System.
- AutoSoft has successfully completed the UAT of our solutions with Pak Iran Investment Company. AutoSoft is expanding their client network to investment companies and DFI’s which shows that our company is not limited to only banking industry and have the required expertise to meet the financial technology services of other sectors.
January
- The implementation of AutoSoft’s Treasury Automation System – ADAMS has successfully completed in The Bank of Punjab. The project started after contract signing in September, 2011 and took just over 4 months to complete. ADAMS already has over a decade’s worth of maturity and has matured further in-line with the industry’s ever changing requirements.
2011
December
- AutoSoft has decided to broaden its horizons and has decided to venture into the Development Finance Institution (DFI) domain as well. AutoSoft has successfully signed a contract with Pak Iran Investment Company for deployment of AutoCREDIT, AutoRISK and AutoMIS systems to automate their investment banking operations need.
- AutoSoft is pleased to declare that Tameer Microfinance Bank Limited has selected AutoSoft’s ADAMS – Treasury Automation System to power their treasury operations. The tried, tested and proven ADAMS solution will have yet another successful implementation within Pakistan and we are proud to be serving the financial automation requirements of Tameer Microfinance Bank.
November
- AutoSoft feels great pride to announce that the implementation of AutoSoft’s Global banking system- AutoBANKER has successfully been deployed in International Commercial Bank, South Sudan within just 1 month. AutoSoft wants to congratulate International Commercial Bank to become our technology partner and we also feel proud to have International Commercial Bank on our portfolio.
October
- AutoSoft has proudly ventured into a new market, South Sudan, the newest country in the world. International Commercial Bank is AutoSoft’s first customer in South Sudan and has chosen AutoSoft’s AutoBANKER – Global Banking System to automate their core banking operations.
August
- AutoSoft honored to announce that implementation of AutoSoft’s end-to-end product suite has successfully been completed in Sindh Bank of Pakistan in just 2 weeks’ time. AutoSoft has a track record of successful and rapid implementations and this implementation is a record in the industry.
July
- Sindh Bank Pakistan has chosen AutoSoft end to end product suite to meets its financial services need. After going through a rigorous selection process, as per PPRA guidelines, the bank thoroughly evaluated each bidder technically as well as financially. Independent consultants, KPMG oversaw the evaluation and selection process as per the PPRA rules.
March
- AutoSoft congratulates Tameer Microfinance Bank Limited for selecting our treasury automation system – ADAMS to automate its treasury operations. AutoSoft’s ADAMS solution has achieved a high degree of maturity through operating in leading financial institutions across the globe.
January
- AutoSoft is excited to announce that the implementation of AutoSoft’s treasury automation system – ADAMS has successfully been completed in First Women Bank Limited, Pakistan within just 6 months which is another landmark for AutoSoft.
2010
September
- Bank of Punjab in Pakistan has selected AutoSoft Treasury Automation System-ADAMS to automate their treasury operations. AutoSoft is proud to announce and welcome Bank of Punjab as a part of our growing financial services client network across Pakistan. AutoSoft’s state of the art treasury solution has served to automate the treasury operations in 10 leading financial institutions both locally and globally.
August
- The Bank of Punjab has selected AutoSoft Dynamics to implement its Treasury Automation System – ADAMS at the bank. Implementation to begin shortly.
July
- Development work initiated on a new Cash Management Solution. Development of a prototype to be complete by the end of third quarter.
- ASD featured in special supplement on Banking and Financial Applications by Business Recorder.
June
- ASD to finalize implementation plans for ADAMS – Treasury Automation Solution for implementation at First Women Bank Limited.
- AutoSoft has celebrated its 10 Anniversary today. This is a clear sign of trust and perpetuity that we are celebrating the anniversary of our company. The support of our stakeholders is clearly displayed in the success of the company. On this special day AutoSoft would like to say a very “Happy Company Anniversary†to all our stakeholders and clients.
- Moody International, Pakistan certifies AutoSoft Dynamics for ISO 27001 – Information Security Management System (ISMS) and re-certifies the company for ISO 9001:2008
- AutoSoft has become the partner with iFinancial Management Limited, UAE which is a leading Shariah advisory and consulting company. AutoSoft welcomed the entire team of iFinancial Management Limited for their visit to AutoSoft head office in Lahore for finalizing the partnership contract, we are keen on working together on future prospects.
May
- ASD participated in the 5th Information & Communications Technology Exhibition & Conference, CONNECT 2010 at Karachi Expo Centre.
- First Women Bank Limited has selected AutoSoft Dynamics to implement its Treasury Automation System – ADAMS at the bank.
- ASD launches new Credit Rating and Scoring System – AutoRISK, compliant with BASEL II standards for monitoring credit, market and operational risk.
- First Women Bank in Pakistan has selected AutoSoft Treasury Automation System-ADAMS for the automation of their treasury operations. AutoSoft is proud to be providing First Women Bank with a technology platform to help them cater for their existing as well as growing requirements. AutoSoft is excited to help the bank upgrade its infrastructure and soon our teams will start work on the implementation of the system.
April
- ASD participated in the 8th International Conference & Exhibition, E-Banking 2010 at Pearl Continental Hotel Karachi.
- Exclusive coverage of 8th International Conference & Exhibition, E-Banking 2010 by Business Recorder. ASD contributed and played its part in spreading awareness.
March
- ASD achieved Oracle OPN Gold level partner status.
- ASD implements AutoWEB – Internet banking system fully equipped with financial transaction handling at Investrust Bank Plc. Zambia.
February
- Development work initiated in collaboration with Pakistan Credit Rating Agency (PACRA) on an Internal Credit Risk Rating and Scoring Application.
- AutoWEB – Internet Banking System undergoing extensive penetration testing to elaborate areas of further development and to test all security protocols.
- ASD to finalize implementation plans for AutoWEB – Internet Banking System for implementation at Investrust Bank Plc. Zambia.
January
- New web based reporting portal launched for AutoMIS – management information reporting system for central bank & statutory reporting.
- ASD launched AutoWEB – Internet banking system fully equipped with financial transactional handling.
- Development of a comprehensive web based performance management cycle for AutoHRM – human resource management system.
- ASD implementing AutoWEB – Internet banking system fully equipped with financial transaction handling at Investrust Bank Plc. Zambia.
2009
November
- Project initiated for compliance of BASEL II standardized approach in AutoCREDIT – Corporate and Consumer Credit Management System and a centralized credit rating model.
October
- Testing of AutoMIS Web based Reporting Portal started on LAN / WAN.
- Introduction of the concept of Data Marts in AutoMIS Reporting System. The response and execution time of Heavy reports reduced from 10 min to just 1 min.
- Integration of AutoMIS Reporting System and SWIFT Messaging System completed
August
- Utility bill Payment Services deployed at Emirates Global Islamic Bank Limited through ASD’s diversified network of Delivery Channels.
July
- Development started on Phase II, the Transaction Module, of ASD’s Internet Banking System – AutoWEB and is scheduled to complete by the end of this year.
June
- ASD completes conversion and testing of its Trade Finance System – AutoTRADE on Oracles database making the system available to clients wishing to use an Oracle backend.
April
- ASD launched a new module, Employee Self Services (ESS), as part of its Human Resource Management System – AutoHRM.
- Development completed on Limit Structuring Module of ASD’s Consumer and Corporate Credit Management Systems AutoCREDIT Consumer & AutoCREDIT Corporate.
- ASD successfully completes development of Mortgage Finance Module as part of AutoCREDIT Consumer & AutoCREDIT Corporate.
March
- Inauguration of ASD’s Regional Sales Office in Islamabad.
- Biometric Attendance Verification and Tracking System – AutoATTENDANCE implemented at all branches of Naseeb Networks, parent company of Rozee.pk, the largest job portal in Pakistan.
- Emirates Global Islamic Bank Limited acquires Export Refinance and Letter of Guarantee Modules for Foreign Trade from ASD.
January
- AutoSoft launches AutoBUDGET – Budget Management System, the all-in-one solution for all Budget Management Issues.
2008
December
- Naseeb Networks, parent company of ROZEE.PK, acquires AutoHRM – Human Resource Management System from ASD.
October
- AutoSoft launches AutoWEB – Internet Banking System to provide internet banking facility to its clients.
September
- Emirates Global Islamic Bank Limited procures AutoASSETS – Asset Management System from ASD to overcome and surpass all their asset management requirements.
August
- Invo8 successfully implemented at Atlas Bank.
- Emirates Global Islamic Bank Limited procures Funds Transfer Module from ASD.
- SMS banking service started in Emirates Global Islamic Bank Limited.
March
- AutoSoft participates in the Job Fair organized by ROZEE in Lahore.
Febuary
- PSEB and ICT R&D Fund’s Appraisal Committee approved AutoSoft proposal for apprenticeship program.
2007
December
- AutoSoft successfully completed deployment of its Biometric Attendance Verification and Tracking System – AutoATTENDANCE in Emirates Global Islamic Bank Limited.
August
- AutoSoft becomes Microsoft Gold Certified Partner.
July
- Khushhali Bank limited cuts over its Money Market operations live to AutoSoft’s Treasury Automation System – ADAMS.
June
- AutoSoft becomes a member of SWIFT partner network.
- AutoSoft successfully completes the development of SWIFT compatible interface with AutoSoft’s Trade Finance System – AutoTRADE.
- Migration of 70 branches of Prime Commercial Bank Limited to ASD’s Core Banking System – AutoBANKER II successfully completed in record time of 12 Months.
- Investrust Bank Zambia to begin implementation of AutoBANKER II – Core Banking System.
May
- AutoSoft participates in the Career Carnival held at University of Central Punjab (UCP).
April
- AutoSoft is among the 200+ leading employers who participated in nationwide Job Fairs arranged by ROZEE. The job fairs were held in Lahore and Karachi on March 18, 2007 and April 08, 2007.
February
- A team from Investrust Bank Limited, Zambia visited ASD to obtain system administrative training on the Core Banking System – AutoBANKER II.
- Emirates Global Islamic Bank Limited launched operations of six branches across the country powered by ASD’s Islamic banking product suite – AutoIBANKER.
January
- AutoSoft completes integration testing of its ATM module with Avanza’s Rendezvous Switch for processing of transactions through ATM.
- ASD launches its Biometric Attendance Verification and Tracking System – AutoATTENDANCE, which seamlessly integrates with its Human Capital Management System – AutoHRM.
- ASD completes conversion and testing of its Treasury Automation System – ADAMS on Oracles database making the system available to clients wishing to use an Oracle backend.
2004
December
- AutoSoft teams set off to Network Microfinance Bank Limited to begin implementation of AutoBANKER and AutoCREDIT.
October
- Dawood Bank’s trade finance operations automated using AutoSoft’s AutoTRADE system.
- ATM host interface developed by AutoSoft Dynamics implemented in Watani Bank for Trade and Investment in Yemen.
- Network Microfinance Bank Limited signs contract with ASD to take on AutoBANKER and AutoCREDIT. NMBL decided to go with ASD to automate the operations of their new bank which is due to open doors for business in December 2004.
- AutoBANKER awarded PASHA ICT award for “The Best of Financial Application”.
September
- AutoSoft’s human resource management system – AutoHRM goes live at Dawood Bank Limited.
- AutoBANKER went live in Dawood Bank Limited making the bank the launch pad for the new system introduced at the start of 2004.
- Dawood Banks consumer and commercial lending operations go live using AutoCREDIT.
August
- Dawood Banks treasury operations go live using ADAMS – Automated Dealing Rooms, Money Market & Securities Trading System.
July
- AutoSoft teams sets off to Dawood Bank for implementation of its complete product suite.
June
- AutoSoft becomes a member of the oracle partner network to join hands with the leading system integrator.
- AutoSoft Dynamics participated in the ‘IT’s made in Pakistan’ exhibition and conference organized in the Pearl Continental Hotel, Lahore by the Pakistan Software Export Board (PSEB).
May
- Dawood Bank Limited signs contract with ASD for the automation of their entire operations using AutoBANKER and its complementing suite of products.
- AutoSoft automates the trade finance central processing unit of Prime Commercial Bank Limited for the Karachi region using the AutoTRADE system on a trade factory concept.
February
- ASD participates in P@SHA delegation to Indian IT NASSCOM Summit.
2003
December
- IBS published a complete review of AutoSoft Dynamics in its annual publication, Retail Banking Systems Market Report 2003.
November
- AutoSoft automates the consumer credit central processing unit for the Karachi region of Prime Commercial Bank Limited using AutoCREDIT.
October
- AutoSoft automates the trade central processing unit of Prime Commercial Bank Limited for the Lahore region using the AutoTRADE system on a trade factory concept.
September
- ATM host interface developed by AutoSoft Dynamics implemented in Prime Commercial Bank Limited.
- AutoCREDIT system implemented in Prime Commercial Bank to fully automate their consumer credit operations.
July
- ASD successfully attains ISO: 9001:2000 status in final certification audit conducted by DNV.
- Watani Bank for Trade and Investment’s trade finance operations automated using AutoSoft’s AutoTRADE system.
June
- ASD launches new website developed by Lumensoft Technologies, depicting its enterprise application architecture.
- AutoCREDIT system due to be released during the first week of July, 2003.
May
- DNV successfully conducts ASD’s ISO certification pre-assessment
April
- Contract signed with Askari Commercial Bank Limited for the automation of their OBU in Bahrain using the AutoBANKER system and ADAMS for their treasury operations in both Bahrain and Pakistan.
- Det Norske Veritas (DNV) selected to conduct ASD’s final ISO certification Audit.
February
- Development started on AutoLEASE which will completely automate all leasing contract details from initiation to termination.
2002
October
- Retail Banking Systems magazine features a detailed article – “Taking on the Neighbours” – on AutoSoft and the AutoBANKER system in their October 2002 issue.