Sybrin

Sybrin is a company headquartered in Johannesburg, South Africa that sells payment and information management software and services. Sybrin implemented the first cheque truncation system in Africa, the third in the world, in Malawi.[5]

Sybrin
IndustryFinancial software
Information management
Workflow management
Statements
Settlement[1]
Founded1991 (1991)[2]
Headquarters
Johannesburg
,
South Africa
Area served
Key people
  • Steve Prowse
  • (Chairman)
  • Marius Mare
  • (CEO)
  • Brandon Roberts
  • (Director of Innovations)
  • Alan Stidolph
  • (Finance Director)
  • Brendon Paul
  • (Director of Customer Success)
  • Roland Van Hee
  • (Director of Development Services)[4]
Number of employees
200

At a modular level, Sybrin’s offerings include EFT, ISO 20022, RTGS, and SWIFT processing, payment switches, mobile payments, cheque processing and truncation, cheque book ordering, Integrated Verification Systems, statements, reconciliation, Automated Clearing House (ACH) systems, document management, case management, account opening and KYC, biometrics, and information distribution.

Sybrin’s clients include corporates, banking institutions, central banks, and national Automated Clearing Houses.[6]

Sybrin has key support offices in Kenya, Mauritius, Mozambique, Rwanda, Tanzania, Zambia, and Zimbabwe.[7][8] Sybrin’s systems have been implemented in Botswana, Egypt, Ghana, Gibraltar, Isle of Man, Kenya, Kuwait, Lesotho, Malawi, Mauritius, Mozambique, Nigeria, Rwanda, Seychelles, South Africa, Swaziland, Tanzania, Uganda, United Kingdom, Zambia, and Zimbabwe.[3][9]

Sybrin has more than 600 software installations in 21 countries[2] and a staff complement of 200.[10] The company attained the Microsoft Line of Business Award[3] and has been accredited as an Oracle Platinum Partner.[11]

History

Founded in 1991,[12][13][14] Sybrin shifted its operational headquarters to Johannesburg, South Africa in 2002.

In 2003, Sybrin obtained the contract for the implementation of the first cheque truncation system in Africa, the third in the world, which was implemented in Malawi.[5]

In 2005, Sybrin opened a support office in Kenya.[15][16]

On 13 October 2013, Sybrin was acquired by EOH, a multinational technology company listed on the Johannesburg Stock Exchange with over 11 000 employees.[17][18][19]

In 2017, Sybrin partnered with Tieto in handling payments in Africa. This partnership offers card and payment switching solutions and establish omni-channel payment gateways.[12]

References
  1. (14 October 2013). EOH buys finance specialist Sybrin. TechCentral. Retrieved 19 May 2016.
  2. Belgium Campus (26 June 2015). Belgium Campus - Partner interview with Sybrin. YouTube. Retrieved 19 May 2016.
  3. EOH Investor Open Day (PDF). EOH. Retrieved 19 May 2016.
  4. Sybrin - About Us. Sybrin. Retrieved 19 May 2016.
  5. Sybrin Banking. Gestetner Malawi. Retrieved 19 May 2016.
  6. Sybrin - Clients. Sybrin. Retrieved 19 May 2016.
  7. Odendaal, Natasha (14 October 2013). EOH buys software developer Sybrin. Engineering News. Retrieved 19 May 2016.
  8. Hogg, Alec (15 October 2013). No “acquisitions”, bought businesses “partners” – EOH’s Bohbot defends unique growth model. Biznews. Retrieved 19 May 2016.
  9. Mochiko, Thabiso (14 October 2013). Technology company EOH buys Sybrin. BDlive. Retrieved 19 May 2016.
  10. (14 October 2013). EOH acquisition of 100% of Sybrin. ITWeb. Retrieved 19 May 2016.
  11. Oracle Platinum Partner. Oracle. Retrieved 19 May 2016.
  12. Tieto.com. "Sybrin and Tieto partner to bring payment solutions to Africa | TietoEVRY". www.tietoevry.com. Retrieved 2020-07-16.
  13. "Sybrin Systems - Company, South Africa - SWFI". www.swfinstitute.org. Retrieved 2020-07-16.
  14. "Technology solutions firm Sybrin announces four new appointments to senior ranks". www.consultancy.co.za. 2018-05-02. Retrieved 2020-07-16.
  15. (4 April 2014). Kenya’s Financial Service Industry to Introduce Paperless Transactions. Payments Afrika. Retrieved 19 May 2016.
  16. Sybrin SA (28 May 2012). Cheque Truncation. YouTube. Retrieved 19 May 2016.
  17. (14 October 2013). EOH acquires software firm Sybrin. BusinessTech. Retrieved 19 May 2016.
  18. EOH Corporate Overview (PDF). EOH. Retrieved 19 May 2016.
  19. "EOH buys finance specialist Sybrin - TechCentral". techcentral.co.za. Retrieved 2020-04-07.
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