JurisTech

JurisTech (Juris Technologies Sdn Bhd) is a Malaysian Financial technology company that serves 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]

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

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 was selected at the New York City International Selection Panel to be a part of the Endeavor (non-profit) network.[3][11][12][13]

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

In 2019, JurisTech was recognized by The Star (Malaysia) for best innovation and best use of technology.[15]


References
  1. https://www.thestar.com.my/business/smebiz/2019/04/01/software-company-gone-big
  2. "Malaysia has more successful tech startups than many people realise – Xcluesiv Cloud Technology". xcluesiv.com.
  3. Aug 14; 2014 (2014-08-14). "31 High-Impact Entrepreneurs from 15 Countries Join the Endeavor Network at the 54th Selection Panel in New York City". Endeavor. Retrieved 2019-11-11.CS1 maint: numeric names: authors list (link)
  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. "Creating financial change". Digital News Asia. 2016-08-15. Retrieved 2019-11-11.
  14. Zook, Chris; Allen, James (17 May 2016). The Founder's Mentality: How to Overcome the Predictable Crises of Growth. Harvard Business Review Press. ISBN 9781633691179 – via Google Books.
  15. http://soba.com.my/winners.asp?y=2018
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