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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 (BSE & NSE: NUCLEUS) is the leading provider of lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in 50 countries, supporting retail banking, corporate banking, cash management, internet banking, automotive finance and other business areas. Nucleus Software is known for its world-class expertise and innovation in lending and transaction banking technology. It has two flagship products, built on the latest technology:
  • FinnOneTM 10 time winner - World’s Best Selling Lending Solution. 
  • 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.
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: http://www.nucleussoftware.com/safe-harbor.

For Media related information, please contact:

Rashmi Joshi, Nucleus Software
Email: rashmi.joshi@nucleussoftware.com
Phone: +91-9560694654