Asseco SEE unifying core banking systems in Volksbank International

Asseco SEE, a leading software and IT services provider for financial institutions, and Vienna-based Volksbank International AG have concluded a multi-country Master Agreement on long-term business cooperation that will primarily focus on the replacement of Misys core banking system and other existing core banking systems within Volksbank International in selected countries with Asseco SEE’s solution.

Asseco SEE, a leading software and IT services provider for financial institutions, and Vienna-based Volksbank International AG have concluded a multi-country Master Agreement on long-term business cooperation that will primarily focus on the replacement of Misys core banking system and other existing core banking systems within Volksbank International in selected countries with Asseco SEE’s solution. Asseco SEE has won this deal on an international tender among all major core banking providers.
 
Asseco SEE will enable Volksbank International to standardize its multi-country operations through a single highly scalable platform and to make it possible for consolidation of operation across SEE. Volksbank Beograd and Volksbank Banja Luka have already been operating on Asseco SEE core banking system, and as the first result of this Master Agreement, Volksbank Zagreb has also signed a contract to start replacement Misys Midas core banking system with Experience Front Office and ASEBA Banking Intranet. Other members of Volksbank International are expected to follow soon.
 
According to Mag. Reinhold Rehbichler responsible for IT Management Volksbank International, „We look forward to cooperating with a leading IT organization such as Asseco SEE, who shares our long-term vision for business and IT transformation. Asseco SEE solutions already implemented in Volksbank in Serbia and Bosnia and Herzegovina have fulfilled our expectations of scalability and support for faster product innovation and maintenance of the existing products, so we expect that this unification of the system across our group will enable us to deliver premium experience to our clients.“
 
Aleksandar Avramović, Head of Sales and Business Development, Banking Software Unit, ASEE Group, said, „Winning the international tender among major core banking providers and raising cooperation with Volskbank International to a multi-country agreement is another confirmation of the quality of our solutions and our regional leading position. We look forward to enabling Volksbank International to meet its business objectives with the value that our state-of-the-art solutions bring“.