JurisTech

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Juris Technologies Sdn Bhd
Private
Industry
Founded1997
Key people
See Wai Hun, John Lim (CTO), Naaman Lee (COO)
Websitewww.juristech.net/juristech

JurisTech (Juris Technologies Sdn Bhd) is a Malaysian Financial technology company that serves most major banks in Malaysia with their predictive artificial intelligence system,[1] debt collection systems, loan origination systems, credit scoring systems, conveyancing and loan documentation systems.[2][3][4]

JurisTech started off in 1997, during the Asian Financial Crisis, offering data mining and analytical tools that might help banks generate more sales. However, the company's initial offering of data mining services was not very popular, due to the rising bad debt during that period. The company then started offering credit management and litigation software. Their debt recovery software solution was a success, which resulted in JurisTech becoming an MSC Malaysia company in 2003.[5][6][7][8][9][10]

In 2014, JurisTech became the 2nd ever Malaysian company to be included in the Endeavor (non-profit) network.[3][11][12]

In 2016, JurisTech CEO See Wai Hun represented the Malaysian FinTech industry in a conference organized by PricewaterhouseCoopers titled Catching the FinTech Wave.[13]

JurisTech has been used as an example of agile responsiveness in Chris Zook and James Allen's book The Founder's Mentality in 2016.[14]

In 2018, JurisTech became a finalist at IBM Beacon Awards in the Outstanding Open Innovation Solution category.[15]

References[edit]

  1. ^ "Malaysia Bank Adopts Artificial Intelligence Early Warning System to Reduce Risks of Non-Performing Loans (NPLs) - Asian Data Science". 31 March 2017.
  2. ^ "Malaysia has more successful tech startups than many people realise – Xcluesiv Cloud Technology". xcluesiv.com.
  3. ^ a b http://www.endeavormalaysia.org/endeavor/juris-technologies-is-malaysias-newest-endeavor-entrepreneur/
  4. ^ "Banks urged to be more daring to push FinTech". 25 November 2016.
  5. ^ "Tech duo with flair for accomplishing critical missions across industries - The Malaysian Reserve". themalaysianreserve.com.
  6. ^ "Software company’s products gain traction in financial institutions - SME - The Star Online". www.thestar.com.my.
  7. ^ https://www.digitalnewsasia.com/startup-scaleups/creating-financial-change?page=2
  8. ^ "Building a business on necessity".
  9. ^ "Welcome to Founders Asia". www.foundersasia.com.
  10. ^ "Being fickle pays".
  11. ^ "Endeavor Malaysia aims to support local companies to expand globally". 12 June 2014.
  12. ^ "Venture: The Endeavor endorsement for entrepreneurs". 21 April 2017.
  13. ^ PricewaterhouseCoopers. "Catching the FinTech wave".
  14. ^ Zook, Chris; Allen, James (17 May 2016). "The Founder's Mentality: How to Overcome the Predictable Crises of Growth". Harvard Business Review Press – via Google Books.
  15. ^ https://www-356.ibm.com/partnerworld/wps/servlet/ContentHandler/partnerworld-at-think-beacon-awards-winners