Audax Financial Technology (audax), a Singapore-based digital banking technology solutions provider backed by Standard Chartered, announced Tuesday that it has joined the Amazon Web Services (AWS) Partner Network (APN).
Becoming an APN Partner is an important milestone that validates audax’s expertise in building and delivering solutions on Amazon Web Services (AWS), audax said in a statement.
APN membership enables audax to: leverage AWS best practices and advanced technologies, access AWS technical resources and experts, and deliver even greater value, speed, and reliability to its customers.
Through the APN, audax will strengthen its ability to accelerate digital transformation for banks and financial institutions across Asia-Pacific (APAC) and the Middle East, enabling financial institutions to convert infrastructure challenges into competitive advantages.
It is noted that as digital banking adoption accelerates across APAC, particularly in Southeast Asia where digital payments grew 14 percent and digital lending surged 22% in 2024, financial institutions face critical infrastructure challenges. Traditional banks are facing strong imperatives to upgrade their legacy systems without operational disruption.
By leveraging audax’s capabilities, banks of all sizes can now rapidly access a full-stack plug-and-play digital banking platform with pre-integrated modules – from onboarding and origination to payments, deposits and lending.
This enables rapid deployment in as fast as six months, while co-existing seamlessly with existing core systems.
Most recently, audax announced its appointment by Maybank Islamic to lead the bank’s digital transformation efforts with AWS across their Southeast Asian operations.
In the Middle East, audax was also appointed by Jeel, the digital innovation arm of Riyad Bank to revolutionize digital banking across the Kingdom of Saudi Arabia.
“We’re seeing tremendous demand from new and incumbent banks in the Asia Pacific, the Middle East and further afield, looking to launch new digital services and modernize their technology,
“This represents a significant milestone in democratizing access to world-class digital banking technology. Joining the AWS Partner Network empowers us to meet our customers’ distinctive needs through secure, compliant, and agile cloud solutions, which is central to our go-to-market strategy,” said Mike Breen, Chief Commercial Officer of audax.