Technological advances in the past few decades have significantly increased the competitive nature of the economic business world. Companies have used software, computers and the internet to transform their businesses from local to global market competitors. Many companies have responded to these changes by automating their business processes and capturing industry-related information and using it to their advantage. Technology has also forced businesses to remain flexible, adapting their operations to newer and better technological advances.
DFNN is such a company, providing flexibility as well as functioning as an adapting leading I.T. solutions provider, systems integrator, and gaming solution provider. Since 1999, the Company has enabled its customers to compete in an increasingly technology-dependent environment. Backed by its domain expertise in financial services, the company has become a proprietary software technology, wireless, and secure solutions partner of leading corporations and institutions.
The Technophile Leader
The current President and CEO of DFNN is Calvin Lim, appointed in March 2018. The new president has over 15 years of experience overseeing operations in the software and development and gaming industry. He holds an executive MBA from the National University of Singapore with a diploma in Computer Science and Information Technology from the Asia Pacific University. He also co-founded and served as an operating officer of Nogle Ltd, a venture studio for early-stage startups in Hong Kong.
Calvin Lim, states, “Internally, as a company, our most treasured resources are our employees. As such, we aim to empower them and increasingly involve them in the vision and growth for the Group as a whole. Together, we aim to build on the Group’s core competencies while adding additional revenue streams within related avenues in the technology sector.”
Advancing Business and Pioneering Technology
PSE-listed DFNN has competencies in high volume and secure financial transactions, software development, I.T. support services, secure platform development, and turnkey implementation. Its subsidiary, iWave Inc. is a leading company in the Philippines that specializes in designing and developing turnkey solutions for the information system requirements of bank-grade financial institutions. In February of this year, iWave signed a Memorandum of Understanding with Cagayan Economic Zone Authority (CEZA) and Tokyo-listed financial services company, Traders Holdings Co. Ltd. The memorandum gives iWave the opportunity to be a part of the first Asian-located Special Economic Zone focused on the continuous development of financial technologies.
DFNN is one of the fastest growing enterprises in the Philippines especially in providing gaming solutions. The company realized that many of its developed technologies and project management experience deployed at its various financial institutional clients are also capable of being customized and used in a gaming environment. Both financial and gaming industries require secure environments to operate. With the advent of the gaming industry, both land-based and electronic, DFNN has created a profitable niche that caters to the needs of the emerging Asian Gaming Market. Its wholly-owned subsidiary, Inter-Active Entertainment Solutions Technologies, Inc. (IEST) is the owner and operator of multiple gaming licenses issued by the Philippine Amusement and Gaming Corporation (PAGCOR). The enterprise has an electronic gaming machine (EGM) license operating under the brand name, ‘Instawin’ and a sports betting exchange license operating under the brand name, ‘Xchangebet.’
Not Just for Profit, But for People.
An integral part of DFNN’s services is to help companies integrate technology, business processes and people while they focus on their core business and their customers. Businesses enjoy DFNN solutions by integrating their processes with technologies that leverage their existing I.T. investments, manpower, and newer applications that may need integrations with mature systems.
In gaming solutions, the company’s powerful combination of game content and technology has resulted in revenue-enhancing solutions for its customers. DFNN is delivering innovative game content through its partnered software providers who are some of the most reputable in the industry. The enterprise continues to transform the quality and service of its products, systems, and solutions to support and expand sales.
Its gaming platform, ‘Instawin’, is the most comprehensive suite of games in the Philippines’ e-Casino Market and ‘Xchangebet’ is the first and only betting exchange license and facility in the country. Software partners of the enterprise are some of the most respected game content providers in the world who share their passion and listen to the market needs of local and cultural tastes.
Pioneering Breakthroughs for the Future
The firm believes that there is a lot of room for innovation in financial technology, and is aiming to pioneer breakthroughs in the blockchain and cryptocurrency sectors.
DFNN will continue to invest in its innovative gaming technologies to deliver exciting, new content through leading technology to maximize the gaming revenue stream. The Company’s gaming solutions span the capability for wireless gaming, game creation, and gaming related project management and software outsourcing. The corporation will cater its gaming products to the needed business processes of legal gaming entities operating in legal gaming jurisdictions.