At the recent Maybank Investment Banking Expert Series talk held on May 14th, See Wai Hun, our CEO and co-founder, shared greater insights on our journey as a company and JurisTech’s Big Hairy Audacious Goal (BHAG) – 100 10 10, which is to reach 100 institutions in 10 different countries in 10 years (2028).

The term “Big Hairy Audacious Goal” was proposed by James Collins and Jerry Porras in their book, “Built to Last: Successful Habits of Visionary Companies”. Wai Hun, a storyteller at heart, set the stage by shedding light on the global fintech landscape and how JurisTech has been a major player ever since our inception in 1997 in driving the economies of Malaysia through the digitalisation of the banking and finance industry.

During the session, Wai Hun elaborated on JurisTech’s “100 10 10 Journey”. She recounted significant milestones and achievements along this journey, highlighting JurisTech’s growth and impact. “In the early 2000s, we established a legal recovery ecosystem in Malaysia and built an end-to-end credit management system,” she noted. “Today, we have a presence in nine countries, serving over 60 banks and financial institutions, and collaborating with 3,000 lawyers, external agencies, and valuers. Remarkably, we maintain a 100% project delivery record, having never failed any project.”

These accomplishments underscore JurisTech’s role as a trusted partner in digital transformation, serving clients across Southeast Asia, Australia, the Middle East, Asia, Oceania, and beyond. 

Wai Hun expounded upon JurisTech’s groundbreaking Digital Lending-In-A-Box concept, showcasing its profound impact on financial institutions. This innovative approach simplifies the lending process while enhancing customer experience through digital solutions. JurisTech’s Digital Lending-In-A-Box redefines efficiency and convenience in financial services, seamlessly connecting dealers, borrowers, lawyers, and lenders, and streamlining the entire financing lifecycle.

Furthermore, Wai Hun highlighted how JurisTech’s low-code/no-code technology eliminates the need for advanced coding capabilities. We have now moved beyond low-code /no-code to bringing about workflow automation and empowering users to think strategy. For instance, users can now create new products on the fly, change business rules to target new segments of customers via “Product Workbench”.  By meticulously optimising systems and presenting solutions tailored to meet our clients’ business needs, JurisTech exemplifies innovation and efficiency in the financial landscape.

In emphasising JurisTech’s deep innovative culture, Wai Hun underscored the company’s commitment to pushing boundaries and driving digital transformation within the banking and financial sectors. Through Kaizen initiatives and Agile methodologies, JurisTech ensures continuous improvement and adaptability to evolving market needs. This culture of innovation not only positions JurisTech as a leader in technological advancement but also enables banks and financial institutions to stay ahead in a rapidly changing landscape.

Highlighting some of our latest innovations, Wai Hun showcased a few solutions with advanced technology our R&D team has tinkered with. For example, leveraging GenAI to revolutionise the way we do banking such as the underwriting process, harnessing the power of AI and decisioning engines to make more informed lending decisions, and leveraging Open APIs to embed multiple financing applications facilitates interoperability and collaboration, driving efficiency and expanding opportunities for growth.

In conclusion, Wai Hun reiterated JurisTech’s unwavering commitment to delivering excellence and integrity in all endeavors, exemplified by its pioneering solutions and deep-rooted culture of innovation. Through strategic initiatives and partnerships, JurisTech continues to lead the charge in reshaping the financial industry landscape, setting new standards for digital lending excellence across ASEAN and beyond. We’d also like to extend our sincere thanks for the gracious invitation to our CEO to attend the Maybank Investment Banking Industry’s Expert Series as an esteemed speaker. 

About JurisTech

JurisTech is a leading fintech company, specialising in enterprise-class software solutions for banks, financial institutions, telecommunications, and automobile companies globally.

We power economies by reimagining financial services with cutting-edge software solutions, which includes artificial intelligence (AI), auto-decisioning, digital customer onboarding, loan origination, credit scoring, loan documentation, litigation, and debt collection.

Our solutions have enabled businesses across a broad array of industries to undergo digital transformation, providing enhanced customer experiences and, most importantly, achieving their business goals.