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 The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company

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 The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company Empty The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company

Post by claud39 on Wed Jun 19, 2019 8:32 am

 The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company




19/06/2019





 The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company 15806







Economy News Baghdad



The Iraqi Trade Bank (BTI) signed a memorandum of understanding (MoU) on Wednesday with the Indian Information and Software Solutions Company.

The partnership will develop financial technology solutions and provide a cloud platform to store data and information for the first time in the field of financial services in Iraq, according to a statement by the company.

Alpen Asset Advisors is the sole financial advisor between the two companies, which aims to establish a long-term strategic relationship in the establishment and management of a data center and solution solutions to accommodate and store information through the technology to host the virtual information and restore the ability to continue banking after Crises and disasters, as well as the design of digital financial solutions and other IT services in Iraq.

According to the MoU, BTI will invest strategically in ESDS Indian Software Solutions and Software by acquiring new shares in the company.

The Indian company will also invest in new shares in Windows Information Technology and Information Technology Services (IWEPIT), established by the Iraqi Trade Bank in Iraq to create a specialized data center and provide financial technology services that meet the requirements of the Bank and other financial institutions in Iraq and other financial markets. Neighboring.





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 The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company Empty Re: The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company

Post by claud39 on Fri Jun 21, 2019 7:11 am

 The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company %D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D9%87%D9%86%D8%AF%D9%8A%D8%A9-ESDS_155KB




[rtl]The Iraqi Trade Bank and the Indian Information and Software Solutions Company ( ESDS) sign a memorandum of understanding for the development of financial technology and the cloud information platform in Iraq .[/rtl]
[rtl]Baghdad, 20 June 2019: The Iraqi Trade Bank signed a memorandum of understanding with the Indian Software and Software Solutions Company (ESDS SOFTWARE SOLUTION PVT.LLC). Through which it will develop innovative financial technology solutions and provide a cloud platform to store data and information for the first time in the field of financial services in Iraq.[/rtl]
[rtl]Alpen Asset Advisors is the sole financial advisor between the two companies, which aims to establish a long-term strategic relationship in the establishment and management of a data center and solution solutions to accommodate and store information through the technology to host the virtual information and restore the ability to continue banking after Crises and disasters, as well as the design of digital financial solutions and other IT services in Iraq.[/rtl]
[rtl]According to the MoU, BTI will invest strategically in ESDS Indian Software Solutions and Software by acquiring new shares in the company. The Indian company will also invest in new shares in Windows Information Technology and Information Technology Services (IWEPIT), established by the Iraqi Trade Bank in Iraq to create a specialized data center and provide financial technology services that meet the requirements of the Bank and other financial institutions in Iraq and other markets. Neighboring finance.[/rtl]
[rtl]The Indian company ESDS has developed a cloud-based data retention technology based on Cloud Cloud technology, contributing to the automatic expansion of the technology and providing a virtual platform to measure the performance of the technology. This innovative technology has been patented by the United States Patent and Trademark Office ("USPTO") and the Intellectual Property Office of the United Kingdom ("The IPO").[/rtl]
[rtl]In addition to cloud technology, India IT Solutions has proven its expertise in creating specialized data centers, providing innovative IT solutions to banks and financial institutions around the world, data management services in these centers, as well as managing solutions and implementing virtual reality technology within the data service. And recovery of information after crises and disasters, as well as web design and hosting.[/rtl]
[rtl] India's ESDS will provide all its services and expertise, including the eNlight 360 data center program, which has won several awards from the Iraqi Bank for Trade. To become an exclusive partner of the bank inside Iraq and marketing it in neighboring markets in the region, which will be agreed between the parties later. Technical management and expertise will be provided to the Information Window Company for Electronic Payment and Information Technology Services (IWEPIT).[/rtl]
[rtl]"This agreement marks a new milestone in the region and we believe that our joint efforts will allow us to achieve significant strides in the field of advanced financial technology and to take advantage of modern information features," said Faisal Al-Hims, Chairman of the Board of Directors of the Iraqi Trade Bank.[/rtl]
[rtl] "This partnership comes as part of a series of strategic agreements concluded by the bank with leading financial and technological institutions in the region and the world recently to help rebuild and develop Iraq."[/rtl]
[rtl]"We are excited about this first partnership of our kind in Iraq with the Iraqi Trade Bank, and we consider ourselves lucky to be part of the technological and electronic renaissance in Iraq," said Bioch Somani, founder and CEO of Indian Software Solutions and Software (ESDS). The need to provide innovative technology solutions to store information using Cloud Cloud data technology is a new step in the growth process currently taking place in Iraq. "[/rtl]
[rtl]"ESDS is the only provider of cloud computing services in the world with vertical patent technology and horizontal horizontal expansion technology deployed in the cloud banking community of more than 300 banks in India. We are absolutely confident of filling the vacuum in the Iraqi technology market. "[/rtl]
[rtl]-is over-[/rtl]




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