NetSol to provide IT consultancy to financial institution in Bahrain
NetSol Technologies, Inc., a US developer of proprietary software applications, announced that its United Kingdom subsidiary, NetSol Technologies Ltd., has signed a fifteen-month contract with one of the world's largest financial institutions. The company has signed a confidentiality agreement with the client and therefore cannot disclose its name or the value of the contract.
Under the terms of the contract, NetSol will provide the client's regional information technology (IT) hub located in Bahrain with consultancy services in the areas of data processing, software development and systems implementation, for the client's treasury and e-commerce business.
"We are pleased to be selected by this prestigious international financial institution," said Rajeev Warrier, director of NetSol Technologies Ltd. "Our selection as a preferred provider of software development services was based on the company's significant expertise in enhanced web-based technologies and domain knowledge in the Treasury and e-Commerce niche markets."
"This contract presents a significant opportunity for NetSol to establish itself within the region and duplicate its success within the client's regional IT hubs worldwide," said NetSol CEO Naeem Ghauri.
NetSol Technologies is an end-to-end solution provider for the lease and finance, banking and financial services industries. Headquartered in Calabasas, CA, NetSol Technologies, Inc. operates on a global basis with locations in the US, East Asia and Asia Pacific.
NetSol delivers IT services ranging from consulting and application development to systems integration and outsourcing for years. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
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