Get StartedBIMB Investment has delegated the following functions to the respective service provider:
Bank Islam Malaysia Berhad
Outsource Function: Supervisory
Type of Function Outsource: Internal Audit and Risk Management
Outsource Function: Supervisory
Type of Function Outsource: Internal Audit and Risk Management
Bank Islam is Malaysia's first publicly listed Islamic Bank on the Main Market of Bursa Malaysia. Established in July 1983 as Malaysia's first Islamic Bank, Bank Islam has 135 branches and over 900 self-service terminals nationwide. As a full-fledged and pure-play Islamic bank, Bank Islam provides banking and financial solutions that strictly adhere to the Shariah rules and principles and are committed to the ideals of sustainable prosperity and ESG values. The core subsidiaries of the Bank Islam Group are pioneers in various Islamic financial services, including investment and stockbroking, namely BIMB Investment Management Berhad and BIMB Securities Sdn Bhd. For more information on the Group's products and services, visit www.bankislam.com
The Internal Audit functions by Bank Islam to ensure BIMB Investment operates efficiently and within regulatory requirements. The internal audit services include reporting to the Board of Directors or relevant committees on:
- Governance, risk management, internal controls, and regulatory compliance;
- Assessing the adequacy of asset protection measures;
- Ensuring compliance with laws, regulations, and internal policies;
- Evaluating resource utilization; and addressing audit findings and regulatory concerns.
Additionally, the internal audit division of Bank Islam will conduct these services at least annually or as agreed in writing by both parties.
The Risk Management functions by Bank Islam to provide advisory and support services in the development ofa risk management framework for effective management of market, liquidity, credit, operational, legal and other risks associated to the business and operational of BIMB Investment.
The Internal Audit functions by Bank Islam to ensure BIMB Investment operates efficiently and within regulatory requirements. The internal audit services include reporting to the Board of Directors or relevant committees on:
- Governance, risk management, internal controls, and regulatory compliance;
- Assessing the adequacy of asset protection measures;
- Ensuring compliance with laws, regulations, and internal policies;
- Evaluating resource utilization; and addressing audit findings and regulatory concerns.
Additionally, the internal audit division of Bank Islam will conduct these services at least annually or as agreed in writing by both parties.
The Risk Management functions by Bank Islam to provide advisory and support services in the development ofa risk management framework for effective management of market, liquidity, credit, operational, legal and other risks associated to the business and operational of BIMB Investment.
Kfin Technologies Private Limited
Outsource Function: Back Office
Type of Function Outsource: Registry and Transfer Agent
Outsource Function: Back Office
Type of Function Outsource: Registry and Transfer Agent
Registrar and Transfer Agents appointed by BIMB Investment to store and manage investor's data in a secured space, real-time data replication capability to ensure zero impact on business and customers in case of exigencies.
KFintech serves the mission-critical needs of asset managers with clients spanning mutual funds, AIFs (alternative investments), pension, wealth managers and corporates in India and abroad. The company provides SaaS based end-to-end transaction management, channel management, compliance solutions, data analytics and various other digital services to asset managers across segments, as well as outsourcing services for global players. For more information on the company's products and services, visit www.kfintech.com
KFintech serves the mission-critical needs of asset managers with clients spanning mutual funds, AIFs (alternative investments), pension, wealth managers and corporates in India and abroad. The company provides SaaS based end-to-end transaction management, channel management, compliance solutions, data analytics and various other digital services to asset managers across segments, as well as outsourcing services for global players. For more information on the company's products and services, visit www.kfintech.com
Aspire NXT. Sdn Bhd
Outsource Function: Back Office
Type of Function Outsource: Cloud Implementation
Outsource Function: Back Office
Type of Function Outsource: Cloud Implementation
Aspire NXT, (Previously known as 3in Solutions) has been integrating IT Infrastructure for customers since 2010. With a presence across India and Asia Pacific, Aspire NXT intends to manage IT for mid-sized and Large corporates. The company's specialties include IT Solutions and Services, Consulting, Products and Cloud Services. For more information on the company's products and services, visit www.aspirenxt.com
Aspire NXT is responsible for maintaining our Amazon Web Services (AWS) for BIMB Investment. This includes ensuring scalability, security, and seamless operation of the AWS environment. Additionally, they aim to enhance AWS services to meet evolving requirements of BIMB Investment, ensuring compliance with industry standards and best practices. Their role is crucial for maintaining the effectiveness and reliability of our cloud-based operations.
Aspire NXT is responsible for maintaining our Amazon Web Services (AWS) for BIMB Investment. This includes ensuring scalability, security, and seamless operation of the AWS environment. Additionally, they aim to enhance AWS services to meet evolving requirements of BIMB Investment, ensuring compliance with industry standards and best practices. Their role is crucial for maintaining the effectiveness and reliability of our cloud-based operations.