Communication Ministry Commends FinTrak on Tech Devt


The Minister of Communications, Adebayo Shittu has commended FinTrak for its innovativeness in driving technology development in the country.

The minister, who gave the commendation during a tour of FinTrak’s booth at the recent Indo-African Expo in Lagos, said FinTrak has brought a lot of innovation to ICT development in the country through its product offerings and encouraged the technology company to do more.

FinTrak booth hosted Shittu during the tour to interact with local ICT firms where he reiterated government’s support for local content and indigenous entrepreneurship.

“We are very impressed with what FinTrak, an indigenous firm is offering to Nigerians. We believe that firms like these are what we need to put the country at the forefront of ICT and we hope to work with FinTrak in the near future,” Shittu told the media during the expo tour.

FinTrak boosts of an array of bespoke Enterprise Resource Planning (ERP) software and business intelligence solutions. The solutions dynamically integrate information into the management operations and decision process that improve business performance in many organisations.

The company has also demonstrated adeptness in services like enterprise process digitisation, core banking system, IFRS solution, risk management, data warehouse and business intelligence. Others are core business and enterprise budget planning, processing and control.

FinTrak’s Group Managing Director, Bimbo Abioye, said: “We are here as a Nigerian firm to showcase our solutions to the world. Fintrak solutions are in tune with global best practice. We have demonstrated that a Nigerian firm can deploy critical solutions like core banking, ERP software and implement Financial Reporting based on IFRS in many banks. We believe that this exposure and the minister’s positive remarks to our solutions would go a long way to further expose our products and services to private and public sector consumers.”

Fintrak has deployed solutions in countries outside Nigeria, to include Benin, Togo, Gambia, Senegal, Rwanda, Congo, and Zambia.