Opportunities and Challenges of Retail Electricity Suppliers RES
The Philippine energy sector is undergoing a profound transformation. Since the implementation of Retail Competition and Open Access (RCOA) in 2013, the market has shifted from a rigid, centralized model to a dynamic landscape where the customer is king. At the heart of this evolution are the Independent Retail Electricity Suppliers (RES)—agile, emerging players who […]
Practical Innovation: AI in the Energy Sector
Jonas Lim, VP for Technology at Exist Software Labs, exploring the synergy between AI and the future of the energy sector at PEPIF 2026. In the rapidly evolving landscape of the global energy industry, the question has shifted from “if” AI should be used to a more fundamental inquiry: What is your AI strategy? At […]
BSP Circular 1223 Mandate: Future-Proofing Payments with ISO 20022 Adoption
In late 2025, the Bangko Sentral ng Pilipinas issued Circular No. 1223, mandating the adoption of ISO 20022 for all retail payment systems in the Philippines. The circular amends the Manual of Regulations for Payment Systems and establishes ISO 20022 as the default financial messaging framework nationwide. To drive industry-wide alignment, BSP is forming an ISO […]
Department of Energy and Exist Software Labs Partner to Power a Smarter Electrification System
Exist Software Labs recently held a ceremonial signing with the Department of Energy, marking a key milestone in their collaboration to support the country’s electrification initiatives through the DOE Electrification Service Monitoring System (DESMS). Rizaldy Balais, Director for Strategic Solutions, Exist Software Labs, Inc.; Marc Louie L. Olap, Division Chief, Total Electrification Administration and Management […]
Exist Software Labs, Inc. Honored with Prestigious ASOCIO Award for Outstanding Tech Company
Taiwan—Exist Software Labs, Inc. proudly announces its historic recognition as one of the first Filipino recipients of the ASOCIO Outstanding Tech Company Award at the ASOCIO Digital Summit 2025, hosted by the Taiwan Innovative Software and Services Association (TISSA). This milestone represents a major accomplishment for both the company and the Philippine technology industry. Endorsed in the Philippines by the […]
KEPCO SPC Power Corporation Advances Energy Digital Transformation with Exist Software Labs, Inc.
KEPCO SPC Power Corporation, one of the country’s leading independent power producers in the Visayas, takes a major step in its digital transformation journey through a partnership with Exist Software Labs, Inc. Beginning with their Trading and Billing operations using Exist’s eTradesync and eBillsync systems, this initiative marks a shared commitment to smarter, data-driven energy […]