Brief description of Silverlake Axis
Silverlake Axis's main competency lies in the core banking system industry and insurance. It produces software which is used to run the operations of financial institution. As the core banking system is a critical system for the bank, there is a high risk and high cost nature involved if banks switch from one core banking system product to another. Hence, this is where Silverlake's business moat lies- It is difficult for its customers to switch out.
Silverlake adopts a business model where it sells the software to financial institutions and then charges a recurring annual ...
...