Parex Bank in Estonia Selects TietoEnator fo IT Oustsourcing Services

Thursday 27 November 2003 09:56 CET | News

TietoEnator has signed contracts with Latvias largest bank Parex on IT outsourcing services and the delivery of an integrated banking business solution for the banks subsidiary branch in Tallinn, Estonia.The BankSyst solution is an information system for bank administration that covers all basic needs of a retail bank including back-office, front-office, treasury operations, accounting and reporting. BankSyst is developed for dynamic small banks and start-ups that want to enter the business in a fast manner and with a maximum functionality for competitive service offering. Since 1999, Parex Bank is the second bank to start operations in Estonia, and to choose BankSyst as a platform for their business.

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Categories: Payments & Commerce | Payments General
Countries: World
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