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New SaaS model puts FERNBACH on expansion course

02-20-2013 10:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: FERNBACH

LUXEMBOURG, TANGERANG & ACCRA, 18 FEBRUARY 2013 – FERNBACH-Software, a leading international provider of financial software, has formed very strategic partnerships with PT Telkomsigma in Indonesia and Datacell Consult in Ghana.

Both partners are providers of data centre solutions in their respective countries. As well as offering on-premise solutions, they implement the innovative SaaS model (software as a service) and will operate FERNBACH's software in their own computer centres. Their customers only need an internet browser to use the FERNBACH applications. In this case, Datacell Consult and PT Telkomsigma act as Application Service Providers and provide the managed service for the operation of the applications.

The partners are currently undergoing intensive training by FERNBACH staff in the intricacies and operation of the software. The distributors focus particularly on the FlexFinance® solution as a whole whose platform covers all CFO requirements, apart from the regulatory requirements resulting from Basel II/III and IFRS. When acquiring new customers, the partners will be able to benefit from their excellent connections to numerous national banks as well as their vast experience with the local financial market.

Quoting Mr. Anthony Campbell-Brown, Managing Director APAC, FERNBACH-Software: "With Telkomsigma, we are now engaging with the leading data centre provider in Indonesia. FERNBACH’s FlexFinance® solution combined with the extensive customer base of PT Sigma Cipta Caraka will ensure that our collaboration produces very successful results and will allow small and medium-sized banks in Indonesia to access the world class solution, FlexFinance®, that much larger banks use to manage their day to day finance and risk world.”

About FERNBACH

FERNBACH, a leading provider for IFRS (multi-GAAP) accounting & risk management software, is 100% focused on the banking industry, providing reliable and robust modular solutions that enable an integrated approach to finance & risk management in accordance with Basel II/III. FERNBACH's core products enable customers to meet their ongoing business and technical requirements for everyday operations in the finance, risk and compliance sectors at low cost and on schedule. With over 20 years of experience in the banking industry, FERNBACH is able to offer highly flexible and optimised solutions, with fast implementation and minimal risk. All these are done without compromising the highest level of quality to their clients.

www.fernbach.com

Contact

Steffi Lorenz
FERNBACH Financial Software S.A.
1a, rue Gabriel Lippmann
L-5365 Munsbach
Tel.: + 800 - 33 76 22 24
Steffi.Lorenz@fernbach.com

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