Driving innovation and sustainability: Sampath IT’s vision beyond ASOCIO ESG Award

Tuesday, 24 December 2024 02:28 -     - {{hitsCtrl.values.hits}}

From left: ASOCIO Chairman Dr. Brian Shen, SITS CEO Mangala Rodrigo, and JIRA Chairman Tetsuya Fukunaga

Following Sampath Information Technology Solutions’ (SITS) recent win at the ASOCIO General Assembly in Tokyo, CEO Mangala Rodrigo shares insights on the company’s journey, the innovative impact of their award-winning credit approval system Wave, and how SITS is shaping the future of sustainable digital transformation.

Q1: What does winning the ASOCIO ESG Award mean to SITS?

A: Winning the ASOCIO ESG Award is a proud moment for SITS. It recognizes our commitment to innovation and sustainability, specifically through our credit approval system, Wave is a product that designed and developed by SITS transforming FinTech to the next level. This award highlights how our technology solutions align with global efforts to promote digital transformation and sustainable development.

Q2: Sampath IT Solutions has grown significantly over the years. How would you describe the company’s core focus today?

A: SITS is built on three pillars: software solutions, enterprise solutions, and managed services. Our core focus is on delivering technology that drives business growth while remaining adaptable to evolving challenges. Whether it’s developing tailored software or offering strategic enterprise support, we aim to provide solutions that create real value for our stakeholders partners.

Q3: Can you tell us more about Wave and how it works?

A: Wave is designed to digitize traditional, paper-based credit approval processes, making them more efficient and adaptable. What sets Wave apart is its flexibility; authorized users can adjust the approval process to fit specific needs without altering the backend. This ensures seamless workflow management while maintaining security and control. Additionally, it offers in-depth analytics to help financial institutions make data-driven decisions.

Q4: How does Wave contribute to sustainability and social impact?

A: Wave directly supports sustainable practices by reducing the need for paper and manual processes, aligning with ESG principles. Beyond that, it empowers financial institutions to serve communities better, improving access to credit and fostering financial inclusion. By streamlining processes, Wave helps businesses grow sustainably, which ultimately contributes to economic development.

Q5: How does this achievement align with ASOCIO’s mission?

A: ASOCIO’s mission to promote digital skills and foster a connected, inclusive digital future resonates deeply with what Wave offers. The system not only enhances operational efficiency but also supports broader goals of digital transformation by creating more accessible financial services. This alignment with ASOCIO’s vision is part of what made Wave stand out.

Q6: What’s next for SITS after this recognition?

A: Moving forward, SITS will continue to develop innovative solutions that drive business growth and sustainability. We remain committed to creating technology that not only solves immediate challenges but also lays the groundwork for a more sustainable digital economy. Our focus will be on enhancing Wave and exploring new opportunities that contribute to both business success and social responsibility.

 

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