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Hong Leong Bank Invests in TRITON to Empower its Lending Businesses

Kuala Lumpur – November 23, 2005 – MSC Company, 3i Infotech, a global provider for IT solutions and services and an IBM Business Partner, is pleased to announce a multi-million Ringgit (RM) order from HLB (Hong Leong Bank) for its TRITON Loan Origination application software to be used by HLB on license from 3i Infotech for the banks lending business comprising Mortgage, Auto Loans, Corporate Loans and Share Margin Financing across both its conventional and Islamic Banking Businesses.

"TRITON is ideal for our business requirement and caters to our future business expansion plan. Its features are comprehensive and cover the end-to-end life-cycle of a loan from origination, evaluation, approval, documentation, all the way to disbursement including monitoring the performance of each process," said Mr. Yap, General Manager, Retail Business, Personal Financial Services Division.

Completely Web-enabled, TRITON uses J2EE framework, integrating across various feed systems, technology platforms of HLB, and is deployed using IBM Websphere and powered by the IBM eServer xSeries.

"Recent wins for our TRITON software in Malaysia including this win from HLB establishes the software as one of the best selling loan origination and management suites in the country. As always, the 3i Infotech delivery team is committed to ensuring smooth delivery of the application within the given timeframe and we are also working towards transferring the necessary technological knowledge to HLB product champions and IT staff to enable HLB to independently maintain and support the system in the future," said Mr. Debneel Mukherjee, President, 3i Infotech.

"The leadership at HLB understands the target operational model that best reflects their overall strategic objectives. They have identified the key components in their business and are actively developing and implementing a roadmap for transformation that will keep them ahead of the competition and enable them to achieve a dynamic, on demand business model," said Mr. Voon Seng Chuan, Managing Director, IBM Malaysia