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NTB wins National Best Quality Software Award

The Nations IT team from left to right Lasith Nanayakkara -Chief Information Officer of Nations Trust Bank PLC Lasith Nanayakkara, Senior Manager - Business Solutions Dinesh Thomas, Manager - Software Development and MIS - Buddhika Seelanatha, Assistant Manager - Software Development and MIS - Kalana Kumarasinghe and Director / Chief Executive Officer of Nations Trust Bank PLC Zulfiqar Zavahir.

The IT department at Nations Trust Bank PLC gained recognition by winning the Silver Award in the in house Applications category at the National Best Quality Software Awards (NBQSA) competition, a high profile event that was held recently at the Water's Edge Grand Ballroom, amidst a distinguished gathering of the country's top corporate and software development companies.

The BCS Sri Lanka Section has conducted the competition since 1998 to recognise and honour significant technological developments in the software industry.

Commenting on the award won by the Bank, Chief Information Officer at Nations Trust Bank PLC, Lasith Nanayakkara said, "We are delighted in being recognised for the i-collect solution which was developed by our in-house development team."

He further added, "This unique solution was developed after analysing the potential risk and impact of nonperforming loans and credit cards to the banks financial stability.

The application is mainly used by the Central Collections Department and is used to track the non performing assets, to categorise delinquent customers, to necessitate required action and provide relevant information to recoveries staff, to assign appropriate responsibilities, and provide the required Management Information for improved decision making." Following the recent success, the Nations IT team have also become eligible to participate at the Asia Pacific ICT Awards (APICTA) 2008 to be held in Jakarta from November 11 to 15.

 

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