NetSol Technologies, a global IT services
provider, has signed a $5m (€3.9m) contract with a
global bank to implement its full financial software

The deal, for the entire NetSol Financial
Suite, which includes both wholesale and retail platforms, is one
of the California-based technology company’s largest

The project includes services such as
product licenses, business process consultancy and on-site
implementation services and is expected to be completed by the end
of the year.

Najeeb Ghauri, chairman and chief executive
of NetSol said: “New contract wins like this further support our
optimistic outlook for the current fiscal year, and our increased
enthusiasm for growth in fiscal 2013.”

Correction: A previous version of this
article, entitled
NetSol Technologies signs $5m deal with
Investec, cited Investec Bank as the bank in
question. This was incorrect and has been amended.