Silverlake Axis
Enterprise software provider delivering core banking, AI-powered operations, and insurance ecosystem solutions across Southeast Asia and globally.
Overview
Silverlake Axis is an enterprise technology and software provider serving the banking, insurance, payments, retail, and logistics industries across 80+ countries. Founded in 1989 and listed on Singapore Exchange (SLVX, Mainboard since 2011), the company processes 300 million daily transactions and counts over 40% of Southeast Asia's top 20 largest banks among its core banking customers. The company combines four decades of banking technology expertise with artificial intelligence to deliver digital transformation solutions.
The company's core strength lies in Silverlake Symmetri, an enterprise-grade core banking platform trusted by 3 of the 5 largest ASEAN super-regional financial institutions. Beyond banking, Silverlake Axis operates through CatgWorkz (an independent AI subsidiary), and Fermion Group (a Singapore-based insurance ecosystem launched in 2019). Fermion connects 150+ insurers with 12,000+ ecosystem partners, processing 150,000+ claims monthly across property and casualty, life, health, and long-term savings insurance products.
The company's product portfolio addresses the full insurance value chain—from AI-driven underwriting and customer engagement to claims processing and integration workflows. With significant scale and multi-decade market presence, Silverlake Axis holds a unique position as a mature, established technology provider expanding aggressively into insurtech ecosystems.
Products & Services
Silverlake Symmetri Core Banking
Enterprise-grade core banking solution serving major financial institutions across ASEAN and globally. Symmetri provides comprehensive core banking capabilities with 100% successful enterprise implementation rate and seamless integration with modern systems. Used by 40%+ of Southeast Asia's top 20 largest banks.
Key Features
- Real-time transaction processing for 300M+ daily transactions
- Modular architecture supporting incremental upgrades
- Multi-currency and multi-language support
- Regulatory compliance for 80+ countries
Target Users: Banks, financial institutions, regional lenders
CatgWorkz Banking AI Computer
Revolutionary AI-powered platform developed by CatgWorkz (Silverlake's independent AI subsidiary) that reimagines financial institution operations. Combines advanced AI, pre-configured templates, modular infrastructure, and seamless integration tailored for banks.
Key Features
- Choice-to-Purpose (C2P): AI-driven decision engine aligning daily operations with strategic goals
- Virtualised Component Operating System (VCOS): Modular architecture enabling updates without disruption
- CloudLink: Pre-built workflows bridging legacy and cloud-native systems
- Cockpit Interface: Unified graphical and semantic intent capture interface
- CORA (Cognitive Robotic Assistant): AI-powered assistant providing context-aware real-time engagement
Target Users: Banks, financial services firms, digital transformation teams
Fermion Insurance Ecosystem
Singapore-headquartered insurance platform consolidating partners and participants to offer complementary services across the insurance value chain. Launched February 2019, Fermion serves as a collaborative exchange platform from sales through claims for P&C, life, health, and long-term savings products.
Key Features
- End-to-end SaaS platform for insurance workflows
- AI analytics-driven insights for every product
- Digital customer engagement solutions
- Scale: 150+ insurers, 12,000+ ecosystem partners, 150,000+ claims processed monthly
Target Users: Insurers, insurance brokers, health and life insurance providers
At a Glance
- Founded
- 1989
- Headquarters
- Petaling Jaya, Malaysia
- Employees
- 1,001-5,000
- Funding
- Public
Category & Focus
- Category
- Core Systems & Platforms
- Subcategories
- Core Banking Software Insurance Ecosystems AI Operations
- Insurance Verticals
- P&C Life & Annuity Health Specialty
- Target Customers
- Carriers, Banks, Insurers, Financial Institutions
Customers
- Over 40% of Southeast Asia's top 20 largest banks (Symmetri core banking users)
- 3 of 5 largest ASEAN super-regional financial institutions
- 150+ insurers (Fermion ecosystem)
- 12,000+ ecosystem partners through Fermion
Last updated: 2026-06-17