Silverlake Innovation Partners

What Silverlake Innovation Partners does

Silverlake Innovation Partners Sdn Bhd is a Malaysian private financial technology company specializing in core financial system transformations for banks, provident funds, and government-linked entities across Southeast Asia. Founded in 1996 as Global IMP-ACT and rebranded to its current name in 2010, the company claims a 100% successful implementation track record across core financial system projects and has served over 100 customers since inception. SIP operates as a flexible system integrator, synergizing its proprietary core platforms with best-of-breed partner products (IBM, Oracle, LexisNexis) to deliver end-to-end digital transformation solutions to enterprise clients in Malaysia and selectively in Laos.

The company's core technology stack comprises three flagship proprietary platforms: the Silverlake Integrated Banking System (SIBS) for conventional banking, the Silverlake Integrated Islamic Banking System (SIIBS) for shariah-compliant operations, and the Silverlake Integrated Provident Fund System (SIPFS) for social security and provident fund institutions. These systems are increasingly deployed on low-code development frameworks and cloud environments, supporting both on-premise legacy infrastructure and modern cloud-native configurations. Technical capabilities include multi-system consolidation, straight-through processing, biometric and imaging technology integration, and real estate management modules for Islamic fund organizations. The technology is built around an Integrated Digital Ecosystem with transfer-of-technology and people change management as key deliverables.

SIP generates revenue through three primary streams: one-time perpetual license fees for core system implementations, recurring subscription fees for IT Management Partnership services, and usage-based billing for cloud-based procurement models (IAAS, PAAS, SAAS). The company targets enterprise-level financial institutions through direct field sales and strategic partnership arrangements, with key client relationships spanning decades — notably the Anchor Bank relationship dating to 2005 and the oldest provident fund in the world since 2007. Membership in the broader Silverlake Group ecosystem, including affiliated entities such as Silverlake Cybersecurity and Silverlake Insurtechi, extends solution breadth. The firm is privately held with RM50 Million in paid-up capital and operates from Petaling Jaya, Malaysia with 11-50 employees.

Name

Silverlake Innovation Partners

Legal name

Silverlake Innovation Partners Sdn Bhd

Website

https://silverlake.com.my

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

51–100 employees

Short description

Silverlake Innovation Partners is a Malaysian private fintech firm that delivers proprietary core banking (SIBS), Islamic banking (SIIBS), and provident fund (SIPFS) systems to enterprise financial institutions and government-linked entities across Southeast Asia via direct sales and system integration partnerships.

Ownership category

akta.pro rank

Product category

Core Banking Software

NAICS

Computer Systems Design and Related Services (5415), Computer Systems Design Services (541512)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Systems Integration & Implementation Services (BPAEAAAB)

akta.pro secondary industries

Strategy & IT Advisory (BPAEAAAA), B2B/EDI & Partner Integration (BPAMAOAJ)

Keywords

• Core banking software
• Islamic banking systems
• Provident fund systems
• Financial system integration
• Digital banking transformation

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. System Integration and Core Banking Solutions: Traditional outright purchase acquisition model for implementing core financial systems, including Silverlake's own offerings as well as those from strategic partners. Involves system transformation projects with end-to-end implementation.
2. IT Management Partnership Services: Post-project IT Collaboration Service encompassing command, control and monitoring of system availability, performance and capacity of resources to deliver non-disrupted continuous service. Extended service offerings from system maintenance to overall IT Management Partnership.
3. Alternative Procurement Models: Alternative procurement models including Infrastructure As a Service (IAAS), Platform As A Service (PAAS), and Software As A Service (SAAS) alongside traditional purchase model.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Silverlake Innovation Partners is a Malaysian system integrator that develops and deploys proprietary core financial software systems — including the Silverlake Integrated Banking System (SIBS), Silverlake Integrated Islamic Banking System (SIIBS), and Silverlake Integrated Provident Fund System (SIPFS) — for banks, building societies, provident fund institutions, and government-linked organizations. The company complements its own software with best-of-breed partner products to deliver end-to-end core system transformation, digital core banking on cloud, low-code platform development, and managed IT partnership services.

Product overview

Silverlake Innovation Partners offers a portfolio of integrated financial software solutions built around their core banking system (SIBS). The main platform includes the Silverlake Integrated Core Banking System (SIBS), complemented by the Silverlake Integrated Islamic Banking System (SIIBS) for shariah-compliant banking, and the Silverlake Integrated Provident Fund System (SIPFS) for provident fund management. Additional offerings include a Real Estate Management System for Islamic institutions and a Digital Core Banking System for cloud deployments. The company operates as a flexible and agile System Integrator, synergizing their core and delivery channel products with best-of-breed partner products to deliver comprehensive digital transformation solutions. Their low-code platform enables rapid development of customized core system modules deployed in cloud environments.

Differentiator

Problem solved

Functional benefit

Products and services

• Silverlake Integrated Core Banking System (SIBS) Flagship core banking platform that consolidates multi-core systems into a single integrated system with multiple online delivery channels. Provides proven conventional banking core processing for banks and is delivered through core system transformation projects.
• Silverlake Integrated Islamic Banking System (SIIBS) Core banking system supporting full Islamic banking operations with shariah-compliant policies, separate data and fund pooling on a single consolidated platform. Implemented for full-fledged Islamic banks and conventional banks offering Islamic windows.
• Silverlake Integrated Provident Fund System (SIPFS) Core system for provident fund institutions supporting social security, provident fund operations, and Islamic scheme fund management. Handles member interaction, fund accounting, and reporting for mandatory contributory funds.
• Digital Core Banking System Cloud-deployed fully digital core banking system complementing a bank's existing proven stable core banking system. Provides a unique combination of proven legacy banking services with fully digital new services for digital bank offerings.
• Silverlake Real Estate Management System Cloud-deployed real estate management system tailored for Islamic institutions managing pilgrim funds and property investment portfolios. Supports shariah-compliant property management and governance.

Quantifiable outcome

• More than 95% of member interaction with the provident fund customer is done through Silverlake-implemented systems
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• IBMcoreTechnology or Integration · 1 January 1996Long-standing IBM partnership dating back to 1997 when Silverlake was appointed the first IBM Mainframe Business Partner in Malaysia. IBM recognized Silverlake as Top IBM Mainframe Business Partner in 1999 for IT Infrastructure Refresh project implementations.
• Silverlake GroupcoreStrategic or Co-development PartnerSilverlake Innovation Partners is a member of Silverlake group of companies. Related companies include Silverlake Group, GI Solutions Gateway, and Professional Leading Career (PLC) forming the SIP Group.
• GI Solutions GatewaycoreStrategic or Co-development PartnerPart of SIP Group providing solutions gateway services within the Silverlake ecosystem.

Scale indicators6 records

Recent moves4 records

Expansion highlights6 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/silverlake-innovation-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Silverlake Innovation Partners