B+S Banksysteme Aktiengesellschaft (vormals DataDesign AG) / Miscellaneous
04.08.2010 15:27
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(Leinfelden-Echterdingen/ Munich, 4 August 2010) - Now that the COR&FJA
Group has acquired a total of 24.68 per cent of the shares in B+S
Banksysteme Aktiengesellschaft (B+S), Munich, in the last few weeks, the
two companies would like to announce further details of their prospective
collaboration. In future, both companies want to significantly intensify
their existing successful cooperation. Step one in this process will
involve integrating B+S's electronic banking application, which already is
well-established on the market, into the COR.FJA Banking Suite. The
companies plan to gradually extend their cooperation to include other
service areas. The extension of the strategic collaboration in, for
example, the fields of consulting, product development and the
implementation of products into in the client's environment has also been
earmarked.
Having generally complementary customer portfolios, both
companies believe the deal offers great and diverse potential for their
current business models and for opening up new markets. Furthermore,
COR&FJA and B+S are expecting a considerable boost to their competitive
position in Germany, Austria and Switzerland, a region where both companies
are already successful providers of bank-specific software solutions with a
significant number of installations at renowned banks and computing
centres. The collaboration also provides their existing customers with a
lot of advantages. Thanks to their complementary product portfolios, the
companies' customers will in future have direct access to a very wide range
of modern, high-performance banking applications.
About B+S Banksysteme
B+S Banksysteme Aktiengesellschaft (WKN 126 215, ISIN DE0001262152)
develops and operates standard-software solutions for the processing of
financial transactions at banks, savings banks and industrial enterprises.
With its solutions, B+S is the market leader in the German electronic
banking segment. Innovative solutions for payment transactions, risk
management, currency management, and treasury & trading have enjoyed a firm
foothold on the market for more than 25 years.
B+S offers its range of products both as a classic licensing agreement and
as an ASP model operated in its own computing centre. Moreover, all the
products are independent of any platforms and have successfully proven they
are capable of processing large numbers of transactions and accounts.
About COR&FJA
The COR&FJA Group is one of the leading software and consulting companies
for the European financial services industry, focusing on insurance
companies, banks and providers of company pension funds. The service
spectrum ranges from standard software and provision of consultancy
services to the takeover of IT operations (Application Service Providing).
The COR&FJA Group, which has its head office in Leinfelden-Echterdingen and
offices in Munich, Stuttgart, Düsseldorf, Frankfurt, Hamburg, Kiel and
Cologne, as well as subsidiaries in the Netherlands, Austria, Switzerland,
Slovakia, Slovenia, Portugal and the US, currently employs more than 1,000
staff.
The COR.FJA Banking Suite is the most comprehensive functional offering for
banks currently available on the German market. The integration of the MBS
Open products (private and universal banks) and the mortgage lending
institution system COR-PARIS makes the COR.FJA Banking Suite a powerful
tool enabling universal, private and specialist banks of any size to
optimise their business processes and improve their market position. With
this package of services plus consulting and wide-ranging ASP services,
COR&FJA has the potential to extend its market lead in the German banking
sector and also operate successfully in the European market. Over thirty
German customers currently rely on products from the COR.FJA Banking
Suite.
B+S Banksysteme Aktiengesellschaft
Investor Relations
Rüdesheimer StraÃe 7
80686 München
Tel.: +49 89 74119-0
E-mail: ir@bs-ag.com
Internet: www.bs-ag.com
04.08.2010 15:27 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: B+S Banksysteme Aktiengesellschaft (vormals DataDesign AG)
Rüdesheimer Str. 7
80686 München
Deutschland
Phone: +49 (0)89 74119-0
Fax: +49 (0)89 74119-599
E-mail: office@bs-ag.com
Internet: www.bs-ag.com
ISIN: DE0001262152
WKN: 126215
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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DGAP-News: B+S Banksysteme Aktiengesellschaft: COR&FJA and B+S Banksysteme aim for long-term cooperation
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