Newsroom

Sirma Business Consulting wins new contract in the Caribbean

Post

18 Dec 2018

Subject

Sirma Group

Bank-of-The-Bahamas

The finance division of Sirma Group – Sirma Business Consulting has finished successfully this year, closing a new contract with The Bank of the Bahamas.

The contract stipulates full update of all banking information systems of the financial institution with the latest Oracle Flexcube 12 for the period of 18 months. The value of the contract is USD 1.2 million.

The registered in 1970 Bank of the Bahamas is one of the oldest financial institutions in the Bahamas. Nevertheless, the bank invests heavily in new technology and automation of the banking transactions.

„We believe that we have made the first steps to achieving long term sustainable profit.“ shared with the shareholders on 30.11.2018 Wayn Aranha – Chairman of the Bank. Tsvetomir Doskov – the CEO of Sirma Business Consulting said, „Sirma Business Consulting is the leader in Bulgaria in core banking systems technology. However, our Strategy for Development suggests an increase of sales of our products and services in America. This new contract is a step in the right direction,“ added Doskov.