On the 2nd of August 2019, Chief Executive Officer Datuk Kamal Mohd Ali signed a Memorandum of Understanding (MoU) on behalf of LPPSA with Bank Islam Malaysia Bhd and Bank Simpanan Nasional (BSN).
The signing was witnessed by Deputy Finance Minister Datuk Ir Amiruddin Hamzah and Treasury secretary-general Datuk Ahmad Badri Mohd Zahir, who is also the Chairman of LPPSA.
According to The Official Portal of the Ministry of Finance Malaysia, LPPSA says it aims to disburse RM12 billion in home loans by the end of this year. Therefore, the Loan Management System (LMS) developed by JurisTech for LPPSA was launched by Datuk Ir Amiruddin Hamzah to ease and automate the process of housing loan application in order to achieve that goal.
Their customers which mainly comprise civil servants are now able to submit online applications and download annual income statements as well as balance status, among others.
“Civil servants no longer need to come to the services counter or make telephone calls to check their financing account”, said Datuk Kamal Mohd Ali, CEO of LPPSA.
JurisTech delivers a complete suite of solutions with proven swift time-to-market product deployment. Three of our flagship products to be provided to LPPSA are Juris Access – digital customer engagement platform that creates an end-to-end web-based loan access workflow, Juris Credit – credit administration system that connects a bank’s users with law firms and valuers within a single cohesive ecosystem, and Juris Collect which is a platform that helps users to manage collection strategies.
JurisTech (Juris Technologies) is a leading Malaysian-based fintech company, specialising in enterprise-class software solutions for banks, financial institutions, and telecommunications companies in Malaysia, Southeast Asia, and beyond.