Business
LinearSix celebrates seven years of transforming financial services by unveiling cutting-edge financial solutions
LinearSix, a pioneering force in the digital transformation of the financial services industry, proudly marks its seventh anniversary as a leader in promoting financial inclusivity through innovative technology solutions. Since its inception in 2017, LinearSix has played a pivotal role in driving digital growth in Sri Lanka’s banking and financial sector, demonstrating a commitment to advancing financial technology on a global scale.
As Sri Lanka’s banking industry undergoes a dynamic evolution, LinearSix stands at the forefront, leveraging advanced technology and a deep understanding of the local financial ecosystem. Over the years LinearSix has introduced a range of offerings tailored to meet the evolving needs of the banking and financial sectors. They specialise in implementing Fintech software solutions for banks, insurance and NBFI’s for rapid digital transformation, boasting a team of experienced professionals dedicated to delivering robust and reliable implementation, management, and maintenance services of Fintech software, including core banking systems. The organisation’s success lies in its ability to provide transformative solutions to its customers with its expertise in the deep technology domain.
Speaking of the year that passed Mario Gooneratne, CEO at LinearSix said, “The year 2023 was a milestone for LinearSix, witnessing significant growth in various areas. The team expanded from 30 to 50 highly skilled professionals, and we hope to further strengthen our workforce, by employing an additional 50 members from Sri Lanka to our team making it 100-strong by the end of 2024. This expansion is part of the strategic plan to broaden our international reach in the fintech space. In 2023, we successfully expanded our business footprint to the GCC, Malaysia, Singapore, and Australia. In the coming year, we are set to target the entire MENA region, India, Thailand and Bangladesh, while also expanding its network in East Asia and Australia.”
LinearSix’s flagship product, the proprietary solution “Lime,” stands out as a leading edge in the realm of digital transformation in banking and finance. Lime empowers banks to harness the power of data analytics and automation, offering a modern and lean next-generation enterprise architecture to modernise banks and set the foundation to launch digital services cost-effectively. The Lean Digital Core technology, with its contextual conversational-based user interface, extensive integration capabilities, readiness for AI and multi-device compatibility on various mobile and tab platforms, is set to undergo further enhancements in 2024. This will enable banks to navigate challenges associated with legacy systems, ensuring cost-effectiveness, adaptability, and a customer-centric approach through digital transformation.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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