Business
NETSOL Announces Expansion of Strategic Partnership with CGI in Europe
CALABASAS, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions
About this update from Netsol Technologies Inc.
[{"type":"text","content":"CALABASAS, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, today announced an expansion of its strategic partnership with leading IT and business consulting services firm CGI in Europe. The agreement builds on the close collaboration between the two global IT service providers in the United Kingdom and the United States. The two companies have teamed up to offer NETSOL's premier, next-generation NFS Ascent® platform to the global finance and leasing industry, supported by CGI's local business consulting, IT integration, and managed service solutions. NFS Ascent supports the full client, product, and contract management lifecycle from lead generation through credit proposal, credit approval, contract generation, contract management, payment execution, collections and financial restructuring, in-life management, and end-of-life administration. Ascent supports cross-border, international operations in complex corporate and operating structures. Its multi-tenant capabilities help asset-based finance organizations ensure compliance with local tax and regulatory regimes as well as local client acceptance, product, finance and credit risk policies. NFS Ascent also offers strong product, campaign, workflow and business rules configuration capabilities, giving clients maximum flexibility to adapt, grow and futureproof their business with minimal effort. The next-generation platform is also available via deployment on the cloud offering ability to deploy rapidly and scale on demand while benefitting from flexible, subscription-based pricing. CGI leverages its client proximity model to support clients with the right blend of skills and on-and-off-shore resources throughout selection, contracting, implementation and operation of the NFS Ascent solution; these offerings include business consulting, IT integration, infrastructure and BPM services. CGI brings local market knowledge and asset-based finance sector expertise to help clients design and implement their target business operating model and optimize the client’s future enterprise architecture. As part of its expanded relationship with NETSOL, CGI will integrate NFS Ascent within its clients’ complex IT and operating environments and ensure the solution is configured to meet lo...