Date:02/04/2005 URL: http://www.thehindubusinessline.com/2005/04/02/stories/2005040202270401.htm

Back IntraNet partners FSS

Our Bureau

CHENNAI: IntraNet Worldwide, the US-based provider of payment processing solutions for financial institutions, has announced a distributorship agreement with the Chennai-based Financial Software & Systems Ltd (FSS).

The partnership enables IntraNet to offer its software product line to financial institutions in India. The agreement also expands IntraNet's Asia-Pacific presence, which includes customers in Australia, New Zealand and Thailand, according to a press release issued jointly by both firms.

The agreement enables IntraNet to bring its financial messaging and payment processing solutions to banks in various cities, including Mumbai, New Delhi, Kolkata, Chennai, Hyderabad and Bangalore, he said.

The arrangement also complements existing relationships between FSS and IntraNet's two sister companies, ACI Worldwide and Insession Technologies, a key factor in IntraNet's decision to partner with FSS.