Asticom launches subsidiary

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Asticom Technology, Inc., a shared services company wholly owned by Globe, is launching its first subsidiary, Asti Business Services, Inc. (ABSI), a move that is expected to propel the company to be the number one shared services provider in the Philippines and Asia.

ABSI is a business process solutions company providing enterprises with Above and Beyond Service Innovation with end-to-end solutions for human resources, administrative, finance, and information technology functions.

With its commercial launch, ABSI will provide shared services to a multitude of industries including telecommunications, financial technology, information technology, retail, health, logistics, automotive, banking, education, real estate, and aviation.

“Amid the pandemic, we see a growing need for IT-BSO services as enterprises have reinvented their ways of working while fully focusing on their core business functions. In line with our vision to become the number one shared services company in the Philippines and Asia by 2029, we are confident that ABSI will be able to create purposeful growth for the local and international markets,” Mharicar Castillo-Reyes, Asticom president and CEO, said in a statement.

Gary Ona, General Manager of ABSI added: “More than launching a subsidiary, our goal is to showcase Filipino innovation and expertise as an international IT-BSO services provider. With ABSI, we emphasize people development and unwavering commitment to innovation, quality and efficiency.”

ABSI said it offers digital platform solutions to help leading enterprises in their digital transformation journey such as customer experience and employee engagement. In addition to IT-enabled services such as web and mobile application development, ABSI will also focus on process optimization for front and back-end office functions ranging anywhere from customer verification to payroll administration and finance support services.

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