TeraSystem
The Ideal IT Partner for Businesses

“Good business knowledge and good technical skills are the essentials to a good software; combined with good business relationships equates to delivering a good solution,” such is the philosophy of TeraSystem, a company that serves as the IT partner of choice for businesses. It is by this mantra that TeraSystem provides software solutions that immensely help clients in their businesses. As their motto would say, “We don’t just build programs, we provide solutions.”

TeraSystem covers the whole project and development cycle and closely works together with its clients to either build a system from ground up or even fix an existing system. With its experience, TeraSystem has delivered and implemented mission critical projects and likewise developed quality software solutions, covering but not limited to Mobile and Internet Banking, Retail and Wholesale Banking, Finance & Investment, ATM/EFT/POS/EDI, and Switch Connections. Through the company’s existence in the software industry, it has developed quality asset management applications. Amongst thecore products of TeraSystem is its asset management applications including ROPA Manager, Leasing Manager, and Sales Contract Receivables Manager, Fixed Asset Manager, Stock Inventory Manager, Appraisal System, Loans Origination System, and others.

ROPA Manager System (RMS) is the flagship product of TeraSystem.

As its reputation as a very mature product, it is used by majority of the top Ten banks in the Philippines. RMS is a web-based application used as a support tool to monitor, manage, and help in the disposal of acquired assets. RMS covers from the acquisition of a property to consolidation, management and marketing, up until its disposal.

Michael C. Uy, President and CEO of TeraSystem underscores, “TeraSystem partners with its clients and assists them with business solutions via system automation and likewise process improvement.” The TeraSystem Team believes that “customers are not mere clients; rather joint builders and innovators.” Comprehending the fact that asset management is not just a simple database of assets or properties, TeraSystem covers both the information and process involved in asset management.

The company’s asset management solution RMS has supported many of the top banks in the Philippines including BangkoSentral ng Pilipinas (BSP), Land Bank of the Philippines (LBP), Development Bank of the Philippines (DBP), and Philippine Deposit Insurance Company (PDIC), Metropolitan Bank and Trust Company (MBTC), Bank of the Philippine Islands (BPI), Philippine Savings Bank (PSBank) among others. TeraSystem has continuously been supporting its clients in the banking and finance sector with regards to asset management. One significant feedback from an RMS client having difficulty monitoring their growing number of ROPA is that because of the timely report and alert provided by RMS, the client saved millions from paying unnecessary tax penalties. As the client narrated, they could access the required information before the due dates of any expenditure clearing all taxes and dues.

Over the years, TeraSystem has acquired great response and encouraging feedback from its clients, which further motivates the team to further improve RMS and its other products. “Through the years, RMS has grown and improved, having our clients as our partners in improving the system making it a home-grown mature, complete system,” says Michael.

“We have always shared to clients that IT solutions is not just a simple database or inventory of records, there is a process, there is a flow. And TeraSystem understands these, hence we continue to provide good solutions.”