The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company Part of the signing of the Convention
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The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company Part of the signing of the Convention
Admin Wed Jun 19, 2019 8:07 am
Economy News Baghdad
The Iraqi Trade Bank (BTI) signed a memorandum of understanding (MoU) on Wednesday with the Indian Information and Software Solutions Company.
The partnership will develop financial technology solutions and provide a cloud platform to store data and information for the first time in the field of financial services in Iraq, according to a statement by the company.
Alpen Asset Advisors is the sole financial advisor between the two companies, which aims to establish a long-term strategic relationship in the establishment and management of a data center and solution solutions to accommodate and store information through the technology to host the virtual information and restore the ability to continue banking after Crises and disasters, as well as the design of digital financial solutions and other IT services in Iraq.
According to the MoU, BTI will invest strategically in ESDS Indian Software Solutions and Software by acquiring new shares in the company.
The Indian company will also invest in new shares in Windows Information Technology and Information Technology Services (IWEPIT), established by the Iraqi Trade Bank in Iraq to create a specialized data center and provide financial technology services that meet the requirements of the Bank and other financial institutions in Iraq and other financial markets. Neighboring.
http://economy-news.net/content.php?id=16991
The Iraqi Trade Bank (BTI) signed a memorandum of understanding (MoU) on Wednesday with the Indian Information and Software Solutions Company.
The partnership will develop financial technology solutions and provide a cloud platform to store data and information for the first time in the field of financial services in Iraq, according to a statement by the company.
Alpen Asset Advisors is the sole financial advisor between the two companies, which aims to establish a long-term strategic relationship in the establishment and management of a data center and solution solutions to accommodate and store information through the technology to host the virtual information and restore the ability to continue banking after Crises and disasters, as well as the design of digital financial solutions and other IT services in Iraq.
According to the MoU, BTI will invest strategically in ESDS Indian Software Solutions and Software by acquiring new shares in the company.
The Indian company will also invest in new shares in Windows Information Technology and Information Technology Services (IWEPIT), established by the Iraqi Trade Bank in Iraq to create a specialized data center and provide financial technology services that meet the requirements of the Bank and other financial institutions in Iraq and other financial markets. Neighboring.
http://economy-news.net/content.php?id=16991
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