COLLABORATION MEMORANDUM SIGNED BETWEEN SOFTLINE AND CBA

PanARMENIAN.Net
21.10.2009 17:49 GMT+04:00

/PanARMENIAN.Net/ A 3-year collaboration memorandum was signed
between Softline and CBA, Softiline Director General Armen Karapetyan
reported. According to memorandum signed in May 2009, CBA will receive
expert assistance in hi-tech software implementation.

Many commercial banks in RA are still using unlicensed software,
part of them already switched to Oracle Databases.

Besides, the company offers IT audit services for banks, assisting in
the choice or software and software plan development, thus exempting
them from unnecessary expenditures.

According to the expert, usage of IGOV Oracle software both in
public and banking sectors will increase activity as well as safety
effectiveness in information gathering, maintenance and transfer.