Business View Caribbean | March 2020

49 BUSINESS VIEW CARIBBEAN MARCH 2020 MC SYSTEMS LTD . company of firsts with technology advances including: an internet-based money transfer system; an online payroll processing application; electronic phone card top up; cash deposits, cash recycling and card-less cash deposits at the ATMs; mobile POS application; and a Payroll Loan App. Based in Kingston, MC Systems has around 130 employees – a mixture of permanent workers and subcontractors, who serve the company’s clientele. “We’ve spent years understanding the financial industry, so we have a lot of insurance companies, commercial banks, billing societies, etc. as customers,” Russell explains. “The banks are key partners; a lot of what we build is banking services and making payments easier – converting from cash to electronic payment. We provide them with technologies for payments and transactions or for compliance reports, etc. We also deliver services to government – mostly hardware and software and a little customized development. The majority of our customers are in the financial industry and government.” its type in Jamaica, which allowed for the entry of all relevant employee data, payroll processing, printing of pay-slips, and other essential reports. Since then, MC Systems has evolved from primarily processing payroll to providing leading-edge technology solutions for businesses in 17 countries in the English speaking Caribbean. In 1978, the company became a member of the JN Group, one of Jamaica’s pre-eminent and most recognizable brands, comprised of several world-leading entities that provide a wide array of financial, technology, creative, debt, property and fleet management services, among others. “Over the years, the company has always introduced new technology to either improve efficiencies or create new business lines,” Russell says. “We spent a lot of time looking at challenges within the country and within companies and we brought technology partners to the table and created IT value added solutions to solve problems.” MC Systems is a