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Malaysia, Financial Services
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Born from the debt recovery challenges of the 1997 Asian financial crisis, Juris Technologies developed an end-to-end software solution that offers corporations, primarily banks, all the tools they need to distribute, recover, and analyze loans. It eases the burdens on financial institutions by offering a complete suite of solutions that allows them to evaluate customers, approve loans, and recover debt.
See Wai Hun, one of Juris’s co-founders graduated from the University of Winnipeg. After working at Ernst & Young, she joined Sapura Group where she met John Lim, a developer who won the Malaysian IT Association Software of the Year Award. The two realized that they were a perfect pair to pioneer an enterprise that would fuse their talents. Joined nine years later by Naaman Lee, a Mechanical Engineer, they founded Juris Technologies in 1997.
They discovered that when borrowers defaulted on their loans, banks had to go through a lengthy, offline process to engage with lawyers. This led Juris to launch a peer-to-peer network between banks and lawyers, allowing real-time collaborations throughout the debt recovery process. Today, Juris includes an end-to-end enterprise credit management ecosystem, which includes a suite of six core products developed largely for the banking sector. All of the software systems are designed as collaborative solutions that bring all stakeholders within the credit management process onto the same web platform.
From a country in which few entrepreneurs compete outside the domestic stage, the ambitious, internationally-minded Juris team sets an inspiring example for Malaysian entrepreneurship.
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