In the presence of the Egyptian Minister of Communication and Information Technology:
ITSoft signs an agreement with the American company “Harland” to provide International Financial Services
Al-Saeid: “This is an important step that reaffirms the capabilities of ITS and ITSoft to produce international products and solutions”
Omran: “The agreement coincided with our company earning the highest international quality certificates”
Durant: “Such services and solutions suit Harland’s requirements due to its vast global expansion and serving different types of customers”
In an important advancement asserting the distinguished capacities of ITSoft, a subsidiary to ITS international, the company signed an agreement with Harland Financial Solutions (subsidiary to the American Harland Corporation), announcing that ITSoft would render software and information systems used in banks and financial corporations.
The agreement was signed in the presence of the Egyptian Minister of Communications and Information Technology, H.E. Dr. Tarek Kamel and a group of high caliber professionals in the Information Technology field.
The efforts of ITSoft and ITS, the parent company of ITSoft, resulted in the signing of this agreement with one of the largest organizations in the US. The company will provide services pertaining to the banking industry through its expertise and highly qualified professionals.
ITS managing Director and General Manager, and Deputy Chairman of ITSoft, Mr. Khaled Faraj Al-Saeid commented on this important agreement saying: “Our Company affirmed its capacity to move in international markets and cooperate with the largest international companies in the field of Hi-Tech products and solutions”. He added, “The signed agreement with such a major company in the Banking and Finance industry confirms the success of ITS and its subsidiary in Egypt ITSoft in the investment in high caliber human resources, which resulted in the development of high standard products and solutions with international specifications. Reaching such high levels has made us capable of marketing our products to international companies like Harland”.
Mr. Al-Saeid asserted that this step comes after ITS and ITSoft has successfully grown beyond regional borders to become a truly global organization.
Mr. Rick Durant, Vice President and General Manager of Phoenix Systems Harland Financial Solutions, said, “We welcome the cooperation with ITSoft as a leading company in its field and one that we can do business with and benefit from its expertise, products, and solutions. He also added that such services and solutions suit Harland’s requirements due to its vast global expansion and serving different types of customers”.
Mr. Ehab Omran, Executive Manager of ITSoft, said that the signed contract with the American company is expected to create posts for more than 150 specialists in its first year with the aspiration of doubling this number in the coming years. “This is based on the great expansion in work volume with Harland company in other products, services, and markets”, he added.
Mr. Omran further stated that ITSoft is currently rendering the services of implementing banking information systems to Harland customers in Latin America and the Far East. The company is also offering technical support services through its center in Cairo. He also noted that this agreement coincided with the company earning the international quality certificate CMMi5 (fifth level) which is considered the highest level of this certificate. ITSoft is among the first Egyptian companies to earn such a distinguished certificate in the Information Technology sector.
Mr. Haitham Abdu, ITS Banking Services Development and Marketing Manager, stated that the agreement with the American company introduces a bundle of services including developing programs for customers in ITSoft, technical support 24/7, and licensing several banking programs developed by ITSoft.
Mr. Abdu also explained that the solutions and services provided by ITS and ITSoft in the banking industry cater to a large sector that is developing by the day with its increasing requirements and thus forming a challenge to any solutions provider especially with regards to the factors of speed and information security.
Mr. Charles Savage Jr., Vice President, International Business Development, Harland Financial Solutions said that he believes that the success of ITSoft is reflective of the pool of highly skilled technical resources available in the Cairo market. “It is important that HFS has a confidence not only in our partner and our relationship, but also that our partner has ready access to a pool of highly skilled technical resources on short demand”, he added.
About ITS:
The company, which is a Kuwaiti shareholding closed company, was established by Kuwait Finance House in 1981 and was one of the first companies that specialize in information technology solutions in various sectors. One of the major sectors that the company caters for is the banking and finance sector. The company provides integrated information technology solutions to large and mid-size organizations operating in the region through 18 regional offices.
ITS has recently entered new markets including Jordan, Iraq, Yemen, Pakistan, Bangladesh, and Malaysia. The company also plans to enter international markets, which will be made public at the time of implementation.
In 2005, the company has acquired a number of sizeable projects in the region to provide and implement integrated information technology solutions for Banking, Telecommunications, and Higher Education organizations.
For more information, please visit www.its.ws
About Harland:
Harland Financial Solutions was founded in 1923 to provide its customers with checks and other printed products. Beginning in 2000, the company established itself strongly with the leading companies in the field of banking services and finances and after purchase of several companies, known in this area such as Concentrex, Inc. and Easy Systems, Inc. and SPARAK Financial Systems, LLC, etc. It is noteworthy that the annual revenue of the company in excess of one billion dollars and the number of clients to 6.000 customers deployed in various countries around the world.
For more information, please visit www.harlandfinancialsolutions.com
About ITSoft:
ITSoft is a Software Services Company founded in Egypt in 1996 and is currently employing more than 400 Software professionals and expanding to 600 Software professionals. It is a quality and process-driven software company that attained the ISO 9001-3(TickIT) certification in 1999 and the CMMi Level 5 accreditation in 2006. ITSoft is located in the Cairo Free Zone, yet it has multiple delivery centers across the Middle East Region, North Africa and south East Asia through the parent company; the International Turnkey Systems (ITS). ITSoft provides software services in three main industries with considerable growth potential: Banking & Finance, Telecommunications, and Higher Education.
For more information, please visit www.itsoft.com.eg