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Aurionpro wins prestigious order from a leading bank in Singapore

Posted On: 2019-03-22 14:12:35

Aurionpro Solutions Ltd, (NSE: AURIONPRO) (BSE: 532668), leading global IT solutions provider has announced that, its subsidiary in Singapore has won a prestigious project, in Banking and Fintech space, from one of the largest banks in Singapore, having significant operations in Southeast Asia including in key markets of Malaysia and China.

Integro Technologies Pte Ltd (a wholly owned subsidiary of Aurionpro Solutions Ltd) has been awarded a contract by the said bank for the extension of REACH CUMS platform, its Loan Origination System Product Suite, to its network across more than 10 countries including Malaysia and China. The Order is valued in excess of INR 20 Crores, the implementation will be completed in various milestones upto February 2020.

Mr. Shekhar Mullatti, EVP, Head - Banking, announcing the order win said that "We are delighted to be the chosen partner for such a prestigious and globally respected bank. This solution will expand and strengthen the bank's Collateral and Risk Management processes across their sizeable network in ASEAN countries and even beyond. We are confident that this will accelerate the digital journey of our customers & will further consolidate our leadership position in Asia".

Shares of AURIONPRO SOLUTIONS LTD. was last trading in BSE at Rs.142.15 as compared to the previous close of Rs. 139.85. The total number of shares traded during the day was 5876 in over 126 trades.

The stock hit an intraday high of Rs. 144.7 and intraday low of 140.75. The net turnover during the day was Rs. 838572.


Source: Equity Bulls

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