TPS receives 3 accolades at P@SHA ICT Awards 2014, a prestigious event of Pakistani tech industry held on 15th November. Currently in its 11th year, P@SHA ICT Awards is a premier awards program of Pakistan’s IT industry that acknowledges creativity, innovation and excellence of technology institutions.
Pakistan is full of talent and people are coming up with innovative ideas that impact lives. Winning awards at this national level ICT competition in Pakistan recognizes TPS for its continued focus and success in creating positive impact to the economy and general population through innovative and scaling financial technology applications. After a tough competition TPS was recognized for the following:
Project Management: Winner in Project Management category
Project Management Office of TPS continues to improve its project management methodology to ensure that time, cost, quality and scope are all balanced and all stakeholders are on the same page throughout the project. IRIS migration at Allied Bank Limited (one of the 5 largest banks in Pakistan with 800+ online branches) was one such complex project where 6 legacy solutions were replaced by IRIS Enterprise Switch with minimal downtime and impact, with improved user experience and increased operational efficiency. The matured project management methodology and its immaculate execution covering detailed project planning, project risk management and timely communication helped TPS deliver this huge project on time with customer�s satisfaction.
Payaxis – Payment Gateway: Runners-Up in Financial Application category
Payaxis is a new addition to TPS payments product suite. The product is under implementation as National Payment Gateway in UAE and has already gotten attention of many other entities in the region. PayAxis provides a reliable and secure platform for integrating the merchants with the issuers supporting various payment choices including payment through the bank account. PayAxis allows various government payments, bill payments and money transfer options for customers using a single, easy-to-use interface. The system can support all online banks & merchants, major card and payment processors (VISA, MasterCard), unbranded/local cards, can integrate with branchless banking systems and allow C2B, C2G, B2B and B2G payments.
IRIS 4.0 – Enterprise Switch: Runners-up in Tools & Infrastructure category
IRIS is the flagship product of TPS and the first solution from Pakistan to win both P@SHA and APICTA Awards back in 2008. Much advanced than its earlier version, IRIS 4.0 includes support interfaces with Alternate Delivery Channels like IVR, Call Center, Internet Banking, Mobile Banking, m-commerce and bill payment. EMV compliant and PA DSS validated, IRIS 4.0 has ATM and POS handlers and provides secure financial transaction processing, supports all major ATMs Brands, POS Terminals, Core Banking applications, Regional and International Payment Networks, and interfaces with Credit Card Systems. IRIS has web based built in modules of CRM, Personalization, Monitoring, Reconciliation, Dispute Resolution and Back office operations. The IRIS 4.0 version is under deployment at Central Bank of UAE and Central Bank of Liberia with several existing as well as new IRIS clients taking interest in the latest version.
TPS CEO Shahzad Shahid was part of P@SHA Annual Conference that was held on the morning of 15th November. He was part of two panel discussions titled “Changing Export Landscape” and “How to Scale a Business?”. Shahzad was also honored with a memento during the awards ceremony by Chairman P@SHA Dr. Shoab A. Khan.
