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Press Release

Nucleus Software signs Sistemas Esco as channel partner for Argentina market

August 17, 2009 | Press Release
New Delhi, August 17, 2009: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading provider of integrated software products for banks and financial institutions, today announced Sistemas Esco will be their channel partner in Argentina, Latin America. Through this partnership, Nucleus is looking to leverage Sistemas Esco’s geographical reach and regional expertise to market and distribute its software product solutions across Argentina’s BFSI market.

“This strategic relationship with Nucleus Software represents a significant breakthrough for Sistemas Esco and our channel strategy,” said Cecilia Fernandez de Tormakh, General Manager, Sistemas Esco. “Nucleus Software is a well-recognized brand and trusted partner in the global financial IT industry. With the addition of Nucleus solutions, we are confident that our extensive portfolio will continue to help businesses grow in the Argentinean markets.”

The depth of Sistemas Esco’s market reach and sector specific domain knowledge makes it an ideal partner for Nucleus to expand in Latin America. According to Niraj Vedwa President & Head - Global Sales & Marketing, ”We are very pleased to have Sistemas Esco on board as we want to collaborate with strong partners to take state of the art banking technologies into Latin American markets. Being associated with channel partners like Sistemas Esco to provide local support will further enhance our offerings and services to our BFSI customers in Argentina

About Sistemas Esco
Sistemas Esco is a company dedicated to provide software solutions for the Financial Market, specializing in Brokerage and Investment Funds. They have solidified their leadership position based on the quality of their software and services and their continuous innovation. These qualities have allowed them to win confidence of their customers, including major Brokerage companies and Investment Funds operating in the country. Sistemas Esco has a strong vertical integration and with more than 17 years of experience in the development, marketing, installation, implementation, training and maintenance of their products.

About Nucleus Software

Nucleus Software Exports Ltd. is a publicly traded (BSE: 531209, NSE: NUCLEUS), software product company that provides lending and transaction banking products to global financial leaders.

Nucleus Software powers the operations of more than 200 Financial Institutions in over 50 countries, supporting retail lending, corporate banking, cash management, mobile and internet banking, automotive finance and other business areas. Its products facilitate more than 26 million transactions each day, managing over US $ 200 billion of loans and enabling more than 200,000 users logging in daily.

Nucleus Software’s flagship products, built on the latest technology are:
  • FinnOne NEOTM : The next-generation digital lending solution that is built on an advanced technology platform, designed to shape the future of lending across Retail, Corporate and Islamic sectors for banks and other financial service companies. The 10 time winner of ‘World’s Best Selling Lending Solution’, helps digitize the complete loan lifecycle.
  • FinnAxiaTM : An integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
  • PaySeTM : The world's first online & offline digital payment solution designed and created with an aim to democratize money by making banking services available to the unbanked in remote geographies.
For more information, please visit : http://www.nucleussoftware.com

For Media related information, please contact:

Sunil Kumar Singh / Kiran Hans Khowal

Finese PR

Email: nucleus@finesepr.com
Phone: +91-9818363518 | +91-8375969143