Monday, August 17, 2009

Nucleus Software enters into pact with Sistemas Esco


MUMBAI: IT services provider Nucleus Software Exports today said it has entered into a partnership with Sistemas Esco which will be the channel partner for the company in Argentina.
The company is looking to leverage Sistemas Esco's geographical reach and regional expertise to market and distribute its software product solutions across Argentina's Banking, Financial Services and Insurance (BFSI) market, Nucleus Software said in a fi ling to the Bombay Stock Exchange.
“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,'' Nucleus Software President & Head Global Sales & Marketing Niraj Vedwa said.
Sistemas Esco provides software solutions for the financial market, brokerage and investment funds, the filing added. “This strategic relationship with Nucleus Software represents a significant breakthrough for Sistemas Esco and our channel strategy,'' Sistemas Esco General Manager Cecilia Fernandez de Tormakh said.
Shares of Nucleus Software were trading at Rs 113.75 on the BSE, up 2.39 per cent from the previous close. - PTI



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