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ASI Group is a technological innovator for the continental financial sector

Our strategic approach is based on researching, creating, commercializing, and maintaining technological solutions in the cloud that support direct and productive relationships between consumers and financial institutions. 

With more than 160 clients evenly distributed between Latin America and the United States and our entry this year to Canada, ASI Group managed to fulfill its business objective of reaching the most developed markets. The holding company has been transferred to the state of Delaware to continue the expansion of the business group.

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Meet the Team

Innovators, talented, motivated

ASI Group attracts and brings together experienced professionals from renowned companies with extensive knowledge of advanced technology and the international financial business. This pushes us to maintain high levels of effectiveness in our work environment; transfer our experience and maintain continuous learning; as well as sharing our culture, which is based on the following principles, under the philosophy of teamwork and professional growth:


  • Measurement and risk management together with effective business management of our clients.

  • Confidentiality, agility, and responsibility in the management of all our operations.

  • We conduct ourselves transparently and openly before collaborators, clients, suppliers, and shareholders.

  • We ensure the quality of the results in each of the processes.

Hernando Torres  President & CEO
Luis F. Lizarraga

Corporate Solutions Manager

Carla Camargo

Corporate Planning  Officer

Ray Lutteroty


Xinia Rojas

Latam Regional Manager

Julio A. Arango

Corporate CMO

Dayra Gomez

Latam COO

Bud Cristello

US Sales Director

Henry Rodriguez

Caribbean Regional Manager

Our mission
"Connect consumers, their devices, and financial institutions transparently and securely, everywhere."
Our vision
"Permanently innovate to promote the use of technology as a means of interaction between consumers and financial institutions in the Americas."


Our History


ASI Group acquires SRMS. Secure, Reliable, Managed, Solutions (SRMS) was founded in 1998 and has since become an industry leader in the area of information technology. SRMS is committed to customer service and our highly experienced and certified staff set us apart from the competition. The combined company, which will have headquarters in the United States, will continue its expansion in the Americas with nearly 150 clients evenly distributed between Latin America and the United States.


The year 2014 is an important year for ASI Group. The sale of the company by its previous owners to Black Dragon Capital, a growth-oriented private equity fund focused on technological investment opportunities in electronic commerce, financial services, sports and media, is completed. 


Additionally, the first version of "CFG Mobile" for smart mobile devices is released and the agile SCRUM development methodology is implemented.


Since 2008, we started the process of research and certification of our financial core so that it runs from the cloud in a safe and reliable way, being able to provide our clients "ABANKS as a service" , without the need to make large investments in licensing and infrastructure. The first contract in Colombia is closed quickly followed by several new clients in Panama.


With the arrival of the Y2K, and to guarantee the peace of mind to the clients, various certifications were carried out and a specialized support team was created to attend to any unforeseen situation that might arise. Research began to take advantage of the Internet.


A new version is launched under Oracle technology, which provides query services, product creation, transfers and payments through the Internet, resulting in "CFG Web" and its powerful channel administrator that allows the integration of the various platforms of the institution in web technology.


With clients in more than 10 countries in Latin America, Ladon make the important decision of converting the financial core to Open Architecture. Starts a short-term plan that consisted of converting "ABANKS" from SPEED II to PROGRESS to respond to the pressing needs of the market; and in the long term, to develop a new generation of the "ABANKS" using Oracle as the technological base.


Founded in 1985, With the name "Arango Software", today ASI Group, reaches an important participation in the Panamanian banking sector, and seeking to guarantee the technological evolution of the systems and provide an integral solution to its clients, it makes its first major strategic alliance with Wang and with Caylx Software, representatives of SPEED, which at that time was exclusively for Wang teams.


With the consolidation of ASI Group as part of Black Dragon Capital, the process of penetration into the US market begins, achieving the first implementation, in the SaaS model, of Collector, our collections and recovery management system, in a major Credit Union from New England.


As part of our objective to improve and evaluate the development and maintenance processes, we obtain the CMMI-DEV Level 2 certification, internationally recognized by the SEI (Software Engineering Institute). By applying best practices such as CMMI, the capacity of the development processes is increased and software with high quality is produced.


At ASI Group we establish as a quality policy to be a company where we deliver the best customer service, satisfying the requirements of our customers. for this reason we have ISO 9001: 2008 certification for support and maintenance activities for our products, thus guaranteeing the highest quality standards in the service we provide.


As the sales of the first version of "ABANKS" in the Oracle Platform grew, ASI Group released version 2.0, which incorporated, for the first time, a graphic interface in its basic packages. By 1997, a new version appears, the 2.5, which improved the performance and offered a new and complete graphic visual aspect. By the end of the 90's, Ladon was positioned as one of the leading providers of financial solutions in Latin America.


With headquarters located in Panama and the strengthening of "ABANKS", Ladon takes advantage of the strategic partnership with the multinational Wang and its network of representatives, starting its international expansion strategy.


The first sales of "ABANKS" financial software are carried out, and with it the transfer of Panamanian personnel for its installation: first in Colombia, then in Mexico and with it the opening of new offices in these countries.


In 1983, "S.I.B." was released. (Integrated Banking System) developed in Speed ​​that ran on Wang 2200 Servers, what we know today as object-oriented programming. By the end of year, S.I.B. It was being installed in some local banks, among them: Banco de Bogotá of Panama, who is still our client today.

Black Dragon Capital

Sister companies

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Contact Us

Send us an email to or contact us in one of our regional offices.



20121 Valley Forge Circle

King of Prussia, PA 19406



1(610) 337.2221

Costa Rica


Edificio Torre Mercedes, piso 9

Paseo Colón

San José, Costa Rica


(506) 4800.0130

Panama City


Ciudad del Saber 

Edificio 231, oficina 2B

Clayton, Panama, Rep. of Panama


(507) 317.0870

Dominican Republic


Calle Itzamana #17, Edif. Itzamana

Suite 3A, Los Casicazgos

Santo Domingo, RD.


1(809) 650.0052

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