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Nucleus Software signs Sistemas Esco as channel partner for Argentina market

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Announcement Corporate
Last Updated : Jan 20 2013 | 10:39 PM IST

Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading provider of integrated software products for banks and financial institutions, today announced Sistemas Esco will be their channel partner in Argentina, Latin America. Through this partnership, Nucleus is looking to leverage Sistemas Esco’s geographical reach and regional expertise to market and distribute its software product solutions across Argentina’s BFSI market.

“This strategic relationship with Nucleus Software represents a significant breakthrough for Sistemas Esco and our channel strategy,” said Cecilia Fernandez de Tormakh, General Manager, Sistemas Esco. “Nucleus Software is a well-recognized brand and trusted partner in the global financial IT industry. With the addition of Nucleus solutions, we are confident that our extensive portfolio will continue to help businesses grow in the Argentinean markets.”

The depth of Sistemas Esco’s market reach and sector specific domain knowledge makes it an ideal partner for Nucleus to expand in Latin America. According to Niraj Vedwa President  & Head - Global Sales & Marketing, ”We are very pleased to have Sistemas Esco on board as we want to collaborate with strong partners to take state of the art banking technologies into Latin American markets. 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.”

About Sistemas Esco
Sistemas Esco is a company dedicated to provide software solutions for the Financial Market, specializing in Brokerage and Investment Funds. They have solidified their leadership position based on the quality of their software and services and their continuous innovation. These qualities have allowed them to win confidence of their customers, including major Brokerage companies and Investment Funds operating in the country. Sistemas Esco has a strong vertical integration and with more than 17 years of experience in the development, marketing, installation, implementation, training and maintenance of their products.

About Nucleus Software Exports Limited
Nucleus Software (NSE: NUCLEUS, BSE: 531209) is a leading software powerhouse providing innovative and pioneering software solutions for Banks and Financial organizations globally. Nucleus Software offers a host of competitive IT solutions and consultancy services designed to support the whole spectrum of business offerings spanning Retail and Corporate Banking, Cash Management, Credit Cards, Relationship Banking, Financial CRM, Credit Risk & Appraisal, EAI, Internet Banking, FX, Basel II, Data warehousing and Analytics. With customers across the globe, the company is consistently innovating with cutting edge and industry driven products in the domain. Nucleus Software is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit www.nucleussoftware.com

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