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WIS Accountancy launches AI-driven mortgage platform ‘MortgagX’ and announces major job expansion

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Left to Right : Wijay Kanagasundaram – Cofounder and Director WIS |Suneth Silva – Director -WIS |Ifthikar Mohamed |Founder – Managig director

WIS Accountancy, a leading provider of digital accountancy, bookkeeping, tax, and business advisory services in UK, is expanding operations in both the UK and Sri Lanka. WIS Accountancy is a part of the one-stop finance shop the WIS Group of companies which also comprises WIS Umbrella, WIS Mortgages and Insurance and WIS Wealth.

This year, WIS Accountancy launched a revolutionary mortgage platform called ‘MortgagX’ in the UK which leverages AI to transform the mortgage journey for customers, advisors, and lenders. This cutting-edge development is predominantly managed offshore in Colombo and India, where its talented team creates tools to make the mortgage process efficient, secure, and user-friendly, redefining the future of mortgages. In a significant development in the UK, the WIS Group has also launched Collective Legal Surrey, a new service venture into the legal sphere, specifically focusing on conveyancing. Having been a household name in Financial Services for 15 years, the company is now integrating conveyancing services with its mortgage offerings through WIS Mortgages. Its strategic partnership with Homey, a state-of-the-art referral platform specializing in conveyancing, ensures seamless and efficient handling of conveyancing services.

To support these initiatives, WIS is establishing an academy for finance, banking, and legal studies in Sri Lanka. This is a unique concept, rarely undertaken by companies, and represents a significant opportunity for Sri Lankans who will be trained from scratch to become professionals. The academy will provide scholarships and promote British qualifications, contributing to the professional growth of our employees and enhancing the overall quality of the workforce in Sri Lanka.

Additionally, the WIS Group is expanding further by partnering with a UK-based bank to outsource its underwriting function to Colombo. This partnership is expected to open up job opportunities for 250 staff in the banking sector, including senior-level roles in credit and bank underwriting.

To keep abreast of staffing requirements for such expansion, the company has announced new opportunities for school leavers, university graduates, and soon-to-be graduates eager to begin their careers in accountancy and finance. Positions such as Management Trainee and Underwriter will be available, allowing candidates to work in the UK financial sector from its Sri Lankan office. Successful candidates will receive scholarship schemes to pursue qualifications like ACCA, CIMA, or CeMAP., along with job opportunities, and will be trained from the ground up to become professionals in the field.



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JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification

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JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).

JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.

Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.

A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.

Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:

“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”

The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.

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Industry bodies flag gaps in Draft National Electricity Policy

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The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.

Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.

The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.

The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.

Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.

The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.

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Bank of Ceylon partners with 36th APB Sri Lanka Convention

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Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.

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