News Update

Southtech at BASIS SOFTEXPO 2020

16 Feb, 2020

Southtech participated in the 16th BASIS SOFTEXPO 2020 which is the largest private-sector exposition aimed at showcasing IT and ITES products and services in Bangladesh. At this year’s BASIS SOFTEXPO, Southtech had two stalls. One is the mini pavilion where they demonstrated all their products and the other one is in the VAT zone. As an NBR enlisted software company, they had a separate stall dedicated to their exclusive VAT software EasyVAT.

Southtech Participates in 2019’s PKSF Fair

13 Nov, 2019

This year’s ‘Development Fair-2019’ hosted by PKSF (The Palli Karma-Sahayak Foundation) was held on 14th November 2019 to 20th November 2019 at the Bangabandhu International Conference Center, Agargaon, Dhaka. In this seven day-long fair, alongside many other PKSF program participants, the leading CMMI level 5 company in the country, Southtech was also presented.

Southtech exhibited their flagship product Ascend Financials that have helped many microfinance institutes in the country like, RDRS, SSUS, Srizony, who work with PKSF, to help build a better future for the people in need. This product is helping MFIs to enable financial inclusion.

ICT Award


13 Oct, 2019

Southtech received the 2nd runner-up award in the BASIS National ICT Awards 2019, under Business Services (HC-BS)- Finance & Accounting Solutions (Fintech) category for their advanced microfinance solution Ascend Financials. The grand ceremony of BASIS National ICT Awards 2019 powered by IPDC Finance took place at the Grand Ball Room, Radisson Blue Water Garden Hotel on 12th October, 2019.

The project team members of Southtech Ascend Financials received the award from Zunaid Ahmed Palak, State Minister for ICT Division.
RDRS Agreement with Southtech

RDRS Bangladesh Signed an Agreement For Ascend Financials

10 Oct,2019

Rangpur Dinajpur Rural Services popularly known as RDRS Bangladesh signed an agreement with Southtech for one of the leading microfinance solution Ascend Financials.

In 2011, RDRS Bangladesh showed interest in Southtech’s innovative product Ascend Banking Solution, which was desktop-based. Through the Ascend banking software solution, RDRS Bangladesh was operating its 240 branches in Bangladesh for the last eight years.
Moving forward with opportunity, Southtech introduced RDRS Bangladesh with its web-based solution called Ascend Financials which is a cloud-based version.

Reviewing the facilities of Ascend Financials, RDRS Bangladesh decided to upgrade its previous version Ascend Banking and have finally signed an agreement for Ascend Financials on 7th Oct 2019.


03 Oct,2019

2nd October 2019, Southtech Inaugurated it’s new office in Southtech Systems Limited (SSL) in Ashkona, Dhaka.

The Group Managing Director & Chief Executive Officer of Southtech, Mr. Syed Mamnun Quader officially launched their new office in Ashkona by a ribbon-cutting ceremony. This new office is especially dedicated to the Networking and Hardware (NHD) wing of Southtech.`

This new office is especially dedicated to the Networking and Hardware (NHD) wing of Southtech.
Southtech Systems Limited (SSL) in Ashkona
CIP Award

Mr. Syed Mamnun Quader Recognized as CIP-2017

07 Sep, 2019

The Managing Director & Chief Executive Officer of Southtech Group, Mr. Syed Mamnun Quader received the CIP (export) card 2017 for making a significant contribution to Bangladesh’s export trade.

On September 7, 2019, A card giving ceremony was organized by the Government of the People’s Republic of Bangladesh at CIP Export and Trade-2017 at the Hotel Intercontinental at Shahbag, Dhaka. Honorable Commerce Minister Tipu Munshi presented him with the honor card on the occasion.


11 Dec, 2018

Southtech Ltd. organized a Winter Clothing Distribution on the 11th of December, 2018 for the distribution of warm clothes among the underprivileged people. A Winter Clothing Drive was arranged prior to the distribution where Southtech employees donated warm clothes and cash for the cause.

The items of clothing included socks, jackets, sweaters, mufflers, caps, shawls, pants, etc. for both adults and children. Volunteers from Southtech distributed the clothes amongst orphans in Sonaigazi Hafizia Madrasa and Orphanage and residents of Tun Tongir Char, Shimulbari Union, Fulbari Upazila in Kurigram

Southtech CSR

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