Amman January 22, 2012 – Primus today announced a partnership agreement with Finacle, the Universal Banking solution from Infosys. This agreement will allow Primus to act as Finacle’s business alliance partner in the Kingdom of Jordan to provide sales, service and post-sales support to its customers in the region, The signing ceremony took place at the office of Minister of Information and Communications Technology and was attended by a number of distinguished guests from the private and public sectors.
The partnership will target retail, wholesale and universal banks in the region, offering next generation banking solutions that address core banking, e-banking, mobile banking, CRM, treasury, wealth management and Islamic banking requirements. It will also provide banks with a highly flexible, scalable and integrated-yet-modular solution. Primus, on its part, has been delivering advanced IT solutions and technology development for businesses and governments throughout the region for over a decade, with a specialized focus on software solutions, consultancy and infrastructure services.
On this occasion, Minister of Information and Communications Technology, Eng. Basem Rousan reaffirmed the critical role Jordan’s dynamic private sector and professional Human Capital play in attracting international companies like Infosys to invest in the Kingdom. Elaborating on this agreement, Rousan said “this agreement is aligned with the Ministry's strategic objective of positioning Jordan to become a hub for the information and communication technology in the region..
Speaking during the signing ceremony, Sanat Rao, Vice President & Global Head, Client Services - Finacle, Infosys said, “We are delighted to partner with Primus, a leading IT solutions company in Jordan. As the local business partner for Infosys, Primus will extend and complement Infosys’ network of offices and will play an integral part in the Finacle sales as well as implementation and post-sale support. Primus has experience in responding to unique challenges and opportunities in the Jordanian banking sector, and with its strong technical team, is best suited to support mission critical applications like Finacle. Banks in the region and indeed the world over are today saddled with legacy systems that are expensive to maintain and lack business agility. Finacle, with its new generation architecture, enhanced flexibility and proven implementation track record provides the right alternative. We view Jordan as a strategic market for Finacle and are excited about this partnership with Primus to truly make a difference to banks in the region.” Finacle today boasts global presence with over 154 customers across 75 countries.
. Amer Nasereddin, Vice President, Chief Marketing Officer, Primus, also commented, “We have the infrastructure and the talent that are pre-requisite to support Finacle in enhancing its presence and providing invaluable services and solutions to the banking industry in Jordan. Jordan’s banking sector has withstood global economic challenges over the past few years and is positioned for further growth and success. With a focus on areas such as technology transformation in banks, Islamic banking, compliance and innovation, banks can now utilise Finacle to differentiate their products and services, enhance customer experience and achieve greater operational efficiency.”
About Primus
Established in 1996 in the Hashemite Kingdom of Jordan, Primus is a regional company and market leader with a specialized focus on software solutions, consultancy and infrastructure services. With offices in Bahrain, Palestine, Iraq, Egypt and Saudi Arabia; in addition to representational offices in Qatar, Kuwait and Lebanon and notable presence in the United States, Primus employs over 100 exceptionally talented people who are up-to-date with new technologies and software programming. For more information about Primus, please visit www.primus.com.jo
About Finacle™ Universal Banking Solution
Finacle from Infosys partners with banks to power-up their innovation agenda, enabling them to differentiate their products and service, enhance customer experience and achieve greater operational efficiency. This framework for multi-disciplinary change enables banks to shift their strategic and operational priorities. Finacle solutions address the core banking, e-banking, mobile banking, Islamic banking, treasury, wealth management and CRM requirements of retail, corporate and universal banks worldwide. Several powerful and differentiating features make Finacle one of the most comprehensive, flexible and scalable universal banking solution in its class. These solutions, when associated with Finacle services, empower banks to maximize their opportunities for growth, while minimizing the risks that come with large-scale business transformation. For more information, visit www.infosys.com/finacle
About Infosys Ltd
Many of the world’s most successful organizations rely on the 145,000 people of Infosys to deliver measurable business value. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow’s enterprise.
For more information about Infosys (NASDAQ: INFY), visit www.infosys.com
