HP announces customer wins within EMEA financial services industry

Published June 17th, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

HP announced customer wins across Europe Middle East and Africa (EMEA) demonstrating its growth within the financial services industry, according to a company press release. The wins, which include both new and major incremental projects for existing finance industry customers, include; NordLB Bank Group, Luottokunta, Finland; ABN AMRO Bank, Ukraine EXIM-Bank, National Bank of Serbia and Credit Agricole Indosuez (CAI) Chevreux. 

 

HP also announced a new initiative, called Next Generation Front Office, which enables banks to act as sales organisations to their customers and increase performance and revenue streams, while reducing costs by up to 50 percent. The initiative, which consists of a balanced set of products, services and solutions, addresses delivery of bank services at the front office—the critical intersection where the customer meets the bank. 

 

“We fully understand that customers need to achieve greater return on their Information Technology (IT) investment. HP’s expertise helps customers mitigate risks and solve complex industry problems which results in driving down costs,” said Kasper Rorsted, managing director for HP Europe Middle East and Africa and senior vice president for HP’s Enterprise Systems Group, EMEA.  

 

HP is the largest IT company in the Middle East employing about 500 people in the region. HP has been present in the Middle East since 1968, and opened its first regional office in 1994 and has offices in Dubai, Abu Dhabi, Cairo, Riyadh, Jeddah and Khobar servicing the Gulf Cooperation Council (GCC), the Levant and Egypt. — (menareport.com) 

© 2003 Mena Report (www.menareport.com)