NetSol Technologies has secured a new software contract with the
asset finance arm of a UK-based bank, the company has
announced.
Under the terms of this contract, the software house will
provide full life-cycle processing for the bank’s asset finance
division, including data warehousing and maintenance through its
NetSol Financial Suite and Electronic Data Interchange
platforms.
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NetSol president Naeem Ghauri said that the contract from a
“large financial services group in Europe […] reflects the strength
of our competitive positioning as we set the stage for further
growth by NetSol Technologies Europe this fiscal year”.
According to NetSol, the value of the contract is in excess of
$1 million (€0.7 million) over the life of the agreement, including
implementation, maintenance and support.
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