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| Nucleus Software partners with A-CCI for Italian market |
| Announcement / Corporate Nov 16, 2009, 19:23 IST |
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A-CCI has signed a partnership agreement with Nucleus Software that will allow Nucleus to position itself as a partner for the Italian market of banking and consumer finance software.
Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), has chosen A-CCI as its partner for the Italian market. The IT Solution division of A-CCI will provide sales and implementation services to Nucleus Software for its products for retail & corporate banking and cash management. The integration between the leading consulting experience in business process management, lean service management of A-CCI and award winning products developed by Nucleus Software, will allow A-CCI IT Solution to support banking customers to streamline processes and improve customer experience.
Nucleus Software’s flagship product, FinnOne™ has been ranked amongst World’s Best Selling Lending Software Products for three consecutive years by IBS Publishing.
“The collaboration with A-CCI promises to be beneficial to Nucleus Software, as it will help us take state of the art banking technologies to the European markets. Nucleus’ passion to create world-class intellectual property for the BFSI segment combined with A-CCI’s expertise in business consultancy in the Italian market will ensure a mutually beneficial partnership and help further our offerings and services to our customers. We hope to expand our footprint by leveraging their distribution network”, says Niraj Vedwa, President and Head – Global Sales and Marketing, Nucleus Software
“The fact that a leading global software provider like Nucleus Software has signed a partnership with A-CCI is a prestigious recognition of the quality of our consultancy services. Through this partnership, the A-CCI IT Solution Division strengthens its ability to create value for customers in the Italian banking and consumer finance market”, says Alessandro Donetti, Managing Partner of A-CCI.
About A-CCI
A-CCI (headquartered in Milan) is a specialized management consultancy focused on service performance improvement. The IT Solution Division of A-CCI provides the sale and implementation of Nucleus Software products for retail & corporate banking and cash management. For more information, visit www.a-cci.com.
About Nucleus Software Exports Limited
Nucleus Software (NSE: NUCLEUS, BSE: 531209) is a leading software powerhouse providing innovative and pioneering software solutions for Banks and Financial organizations globally. Nucleus Software offers a host of competitive IT solutions and consultancy services designed to support the whole spectrum of business offerings spanning Retail and Corporate Banking, Cash Management, Credit Cards, Relationship Banking, Financial CRM, Credit Risk & Appraisal, EAI, Internet Banking, FX, Basel II, Data warehousing and Analytics. With customers across the globe, the company is consistently innovating with cutting edge and industry driven products in the domain. Nucleus Software is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit www.nucleussoftware.com.
Safe Harbor:
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, our ability to successfully implement our strategy, our research and development efforts, changes in the value of the Rupee and other currency changes, intense competition in IT and consulting services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.
Nucleus may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Board of India, Stock Exchange and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.
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