Who we are

Specialists in the development of Banking Software and leader in the markets where it operates.

Asseco PST (Portuguese Speaking Territories) is an Information Technology company specialised in the development of banking software and a benchmark in the creation of technological and knowledge solutions in all the markets where it operates.

Integrated into the multinational Asseco Group, one of the largest and most recognised European software providers, Asseco PST is the result of the rebranding of Exictos, carried out in September 2018. It takes on the know-how, talent and 30 years of experience in the industry of the previous brand, created in Funchal in 1988.

It employs over 400 people, having generated, in 2018, a consolidated turnover of 34 million euros. Its customer portfolio includes more than 60 banks, turning Asseco PST into a leading company in the Portuguese-speaking regions where it operates.

Geographies

It is currently operating in eight countries from three continents, where it is committed to developing solutions for the financial sector, Banking Consulting services, and IT Infrastructure services, among others. Valuing proximity to the Customer, it has branches in Portugal, Angola, Mozambique, and Cape Verde. In other markets it operates from Portugal, where its main office is based, regularly taking managers and technicians to different geographical regions.

Our history

Asseco PST's origins date back to 1988, in Funchal, arising from the confidence of a group of professionals in the growing and decisive importance of information technologies for the financial sector. Promosoft was incorporated and managed to successfully explore the opportunities and challenges posed by the gradual liberalisation of the financial systems in Portugal and in the African Portuguese-speaking Countries (PALOPs).

After two years developing its first solution from scratch, it garnered its first customer in Portugal through a recommendation from the Catholic University, which invested in the new solution after conducting a survey on the market offers at the time.

The following year, the company operated for the first time in the Portuguese-speaking African market. This early investment in internationalisation is one of the reasons why it quickly achieved a significant market share in its sector, in countries such as Angola, Mozambique, Cape Verde, and Sao Tome and Principe.

In 2011, through rebranding and a change in its shareholding structure, Promosoft changed its name to EXICTOS. At the time, the company was already operating in East Timor and Malta, where it entered in 2000 and 2007, respectively. In the case of the Mediterranean country, it was the first time that the core banking solution was installed in English, a situation that was replicated in 2014, upon entry into Namibia.

In 2015, the company was acquired by the Asseco Group, one of the largest global European IT groups, originally from Poland. In the same year, it received the Best Export Company Award, which it had already been awarded in 2011.

In 2018, there was a new rebranding, which gave rise to Asseco PST (Portuguese Speaking Territories) and marks the company's full integration into a prestigious group focused on providing the best technological solutions to its customers across the globe.

Experience, together with customer confidence, turn Asseco PST into a reference in information systems and a company focused on a constant search for excellence, both in the development of new technological products and in the provision of a wide range of services, in either mature or emerging markets.

References

Asseco PST has been in the Angolan market since 1990, upon the incorporation of the first commercial bank in Angola that selected the core banking system of the company.

In 2005, Asseco PST opened its local law company in the country, currently with offices on the waterfront of Luanda, while relying on more than 40 professionals.

Angolan Financial Market

The Angolan financial system consists of 28 commercial banks, 3 of which belong to the State.

Currently, 23 of these financial institutions have their system based on Asseco PST 's Core banking software, thus representing 82% of the total market.

Clients

82%

Market Share

Asseco PST garners its first national customers in 1990. It has offices in the cities of Lisbon and Funchal, the birthplace of the company.

Portuguese Financial Market

Thirty-five commercial banks operate in the Portuguese financial market. Six of these institutions operate under Asseco PST 's Core Banking platform, thus representing a market share of 24%. In addition, Asseco PST also ensures the operations of 3 EU credit institutions with representation in Portugal.

Clients

24%

Market Share

Asseco PST began operating in Cape Verde in 1992, ensuring the management system of the first financial institution in the country.

Cape Verdean Financial Market

Cape Verde relies on 12 financial institutions. Asseco PST ensures the core banking of 9 of these institutions, also including as its customer 1 other institution via other software solutions.

Clients

83%

Market Share

Asseco PST has been operating in Mozambique since 1993, when it garnered its first customer in the country.

The local Mozambican company was created in 2007, focused on creating local skills, now relying on the contribution of approximately 30 professionals.

Mozambican Financial Market

Currently there are 18 commercial banks operating in the country, of which 8 are supported by Asseco PST 's software, thus representing about 45% of the market.

Clients

45%

Market Share

Asseco PST has been operating in São Tomé and Príncipe since 1992, when it was chosen to ensure the operations of the first private commercial bank. The second customer appeared in 2003.

Santomean Financial Market

Ten banks are currently operating in São Tomé. Two of these banks operate under Asseco PST 's core banking management platform.

Clients

20%

Market Share

Asseco PST ensured the Core banking of the first bank incorporated after Timor's independence from Indonesia, thus having been operating in the territory since 2000.

Timorese Financial Market

Four commercial banks currently operate in East Timor. One of the banks has selected Asseco PST 's Core Banking solution.

Client

25%

Market Share

Asseco PST 's first customer in Namibia appeared in 2014. In 2015, Asseco PST ensured its second customer in this territory.

Namibian Financial Market

Currently, nine commercial banks are operating in Namibia. Asseco PST 's core banking management platform was chosen by two of these institutions.

Clients

22%

Market Share

Asseco PST 's first customer in Malta appeared in 2007. It was the first time that the core banking solution was installed in English.

Maltese Financial Market

Malta has 25 commercial banks. Asseco PST is the choice of one of these institutions.

Client

Market Share

References