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Ascent Wins the Prestigious Express IT award for IT INNOVATION

Ascent Resilience Solutions Pvt Ltd Recognized and awarded with Prestigious IT INNOVATION of the Year under (MSME) category at express IT Awards 2016

India (Hyd), UAE (Dubai ) 10-12-2016


Ascent Resilience Solutions, a next generation Enterprise Financial technology transformation company with its innovative products and solutions, today announced that it has won the SILVER award in the prestigious IT INNOVATION of the Year 2016 (MSME) category at Express IT Awards 2016.

The Express I.T. Awards recognizes and honors companies who are at Cutting Edge Technology Innovation and leading professionals across the IT industry.

The award ceremony was organized on 9th December 2016 at Marriott in Whitefield, Bengaluru and the award felicitates innovations by I.T. companies that have transformed or have the potential to transform their clients’ business. The awards were adjudged by an eminent jury panel comprising of globally recognized innovators – corporate heads, academicians and thought-leaders from the I.T. industry.

The Express I.T. Award nominations were processed with a thorough scrutiny by The Financial Express editorial team and PwC as Knowledge Partner, to ensure that only the complete, innovative and timely entries are placed in front of the eminent jury comprising a panel of globally recognized innovators.

Ascent Resilience Solutions has excelled par over 400 entries in the nine categories to grab this Silver Category for IT Innovation Award.

The annual list of Companies was evaluated by globally recognized Innovators—Kris Gopala Krishnan, Infosys Co-founder; Rajan Anandan, Google-India & South east-Asia; Professor Sadagopan, Director-IIIT Bangalore; Ravi Gururaj, Chairman, NASSCOM Product Council; Sharad Sharma, Former Yahoo R&D Head and Co-founder of ISPIRIT Foundation; Umang Bedi, Managing Director – Facebook India.

“The prestigious award at IT Innovation validates Ascentʻs unique value proposition towards offering disruptive and scalable product offerings in the Industry. Ascent competes with some of the global players and has moved quickly towards offerings its Solution as SaaS (Software as a Service) to maximise its reach and align with changing Technology dynamics. I am very proud of our Team and clients who supported and truely believed in our transformation capabilities while we delivered some big product deployements.” says Founder & Chief Executive Officer, Mr. Kundan Shekhawat.

“It’s an honor and privilege to have received the award in person from esteemed Chief guest Union Minister Nirmala Seetharaman and Guest of honor state IT minister Priyank Kharge who personally recognized and offered full support to fast growing Innovative companies like Ascent. Ascent has a strategic focus to bring value in the fast moving Indian Economy after consistently  delivering successful engagements in Overseas markets and is aligned with digital cashless economy of India .” said Dr Bindu Rathore, Co-Founder & MD.

For Ascent Resilience to be recognised amidst competition of over 400 award entries in nine different categories, highlights its merit in providing innovative IT solutions for business transformation. Ascent innovative products includes its Enterprise Reconciliation Platform,  AUTORECON©, Automated Integrated Business Continuity Management and Crisis Management Ascent AUTOBCM© and End to end Real estate Trust Account Management Software Ascent Escrow Promat©

Ascent AutoRecon© software is a first in the industry that is readily configurable, real-time and powerful reconciliation solution, which provides an end-to-end enterprise-wide scale-able solution to manage banking reconciliation and handle exceptions for complex business process in large and medium size banks.

Ascent AutoBCM© Software Solution is a powerful, flexible, yet simple-to-use Business Continuity Management (BCM) system set that allows organizations of all sizes, to meet their BCM requirements in a cost-effective and meaningful way.

Ascent Escrow ProMart© is the first in industry developed, Real Estate Escrow trust account Management solution designed specifically to meet Bank’s escrow trust account management in compliance to Real estate land regulations and guidelines in various countries of the world.

About Express IT Awards

Express I.T. Awards is an initiative of The Financial Express (Express Group) aimed at recognising innovation and excellence across the IT/ITes industry.

The Awards discover, recognize and reward IT initiatives that have enabled businesses to go beyond the ordinary, and also have had a positive impact on the community at large.

This 4th edition of the prestigious Award brings together those empowered to drive innovation in their organizations – CEOs, COOs, CSOs, CTOs and others in their capacity as CXOs or Innovation Heads

About Ascent:

Ascent is a niche software solution provider focused in Financial Technology, Risk Management and Business process automation solutions Ascent’s strength lies in developing financial technology products with innovative approaches to business needs, utilizing state-of-the-art technology, backed by commitment to deliver and support these products.

Key Software Products Offered at Ascent are :

Ascent AutoRecon : Enterprise Reconciliation Platform with integrated Exception Handling, Case Management and Regulatory Reporting. AutoRecon Offers multi tenancy capability and caters to end to end Transaction Life cycle management across any middle office and back office operations within Banking/ Financial Service/ Govt and Telecom.

Refer –

Ascent AutoBCM : Enterprise Business Continuity Management is a web based Integrated BCM and Crisis Management Software offerings compliance with ISO 22301 and full scale automation towards conducting Business Impact Analysis, Business continuity Plans, Testing, Emergency Response, Risk Assessment and Recovery Strategies. This brings value to any organization which is critical and needs resilience capabilities for any kind of disaster/ crisis.

Ascent Escrow ProMart : It is a web based software which caters to end to end Real Estate regulatory requirements and enables Banks, Investors , Property Developers to manage their operations, Escrow Trust account onboarding, Payables, Receivables and Regulatory reporting.

Media Contact:
Dr. Binduu Raathore-+ 91- 9971345756
UAE +971551102025
India +91971345756
US +1-646 – 918 – 8836