Software Group, a global technology company specialized in delivery channel and integration solutions for financial service providers, announces today its partnership with National Data Consultant (NdcTech), an award-winning IT Services Provider to banks and financial institutions.
The partnership will support Software Group’s strategy to expand operations in the MENA region and will add to the NdcTech’s rich portfolio of services. NdcTech will act as a key business development and implementation partner of Software Group to enable the company to step in the local markets with great potential. The first countries where the partnership is being activated are Pakistan and Afghanistan. Both companies are already registering significant interest in the joint proposition from financial institutions in Pakistan. The partnership can further expand across the whole MENA and Asia Pacific region as well.
NDC carries deep domain knowledge and experience in all sectors of the financial services industry. Combined with the vast expertise of Software Group in integrations and alternative delivery channels, the two companies will enable financial organizations, in particular banks, branchless banks and microfinance institutions, to drive digitalization strategies and be more efficient and competitive on the market.
“We are very glad to partner with NdcTech in developing our operations in the MENA region. The company is well recognized in the financial sector and the partnership will be of a strategic importance for Software Group on the local markets. We are looking forward to establishing a long-term cooperation with NdcTech and together supporting financial institutions in their digitization journey.” says Mr. Kalin Radev, CEO of Software Group.
“NdcTech is delighted to collaborate with Software Group in helping digitize and extend outreach of banks” says Ammara Masood, CEO and President of NDCTECH. “The digital finance industry in this region is both young and dynamic, and, as it grows, it is constantly innovating to address the issues it faces. We believe that with NDC’s strong presence, expertise of the local market and Software Group’s innovative solutions can really make a positive impact. We look forward to this strategic and long term partnership which will grow our existing client base” NDC current clients in Pakistan include 12 banks.
NdcTech is one of the oldest and award winning partner of Temenos since the year 2000 providing Core Banking Consulting, Implementation, Support & Training Services for T24 across Middle East & Africa region. With over 40 + banks & financial institutes as its clients, NdcTech has focused on providing high quality standards for its customers through its certified resources and adapting industry leading governing and implementation best practices. Their expertise and experience is in the areas of Conventional Banking, Islamic Banking, Central Banking, Microfinance Banking, Investment Banking and Non-Banking Financial Institutes.
NDC’s philosophy is to build on their past successes by innovating based on best-of-breed technology solutions backed by a world class services and training capability which features industry best practices, domain knowledge and local requirements in the banking and financial sector. They provide industry leading methodologies, Project Governance, Implementation & Oversight. NDC engages hand in hand with the customer since the beginning recommending, challenging and innovating together to implement the most desirable solutions which result in high customer satisfaction.
About Software Group
Software Group is a global technology company that is specialized in delivery channel and integration solutions for institutions that provide financial services. Founded in 2009 and headquartered in Sofia, Bulgaria, it currently serves a worldwide client base in more than 65 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. The company’s vision is to accelerate financial inclusion by creating cutting-edge technology solutions. Some of Software Group’s customers are organizations such as Bill & Melinda Gates Foundation, International Finance Corporation (IFC), Asian Development Bank, Asian Confederation of Credit Unions (ACCU), 7 of the top 10 Microfinance networks (Finca, OI, VFI, Accion, Hope International, Microcred, ReAll), Bank South Pacific, Fidelity Bank Ghana, Grameen Koota Financial Services etc.