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Value Team acquires NetValue
Milan, 28 January 2010

Value Team, the IT consulting and services company in the Value Partners group, has amplified its’ portfolio of software solutions for the banking and finance sector with the acquisition of NetValue, a company derived from NetSolving as a container for the payment systems and cryptography divisions.

NetSolving, founded in Rome in 1997, is one of the very few Italian businesses which proved able to develop, through continuous investments in research, innovative software platforms, conquering, in the interbank networking application systems sphere, “significant shares“ in a market dominated by large Italian and international groups.

“This acquisition which follows that of Agòra by a couple of months in the IT Security area,“ explained Giorgio Rossi Cairo, Chairman of Value Partners “confirms Value Partners will to invest in those platforms which answer the challenge of innovation and digitalisation. Knowing how to satisfy the new exigencies of sophisticated clients will be a critical factor for success in the world of financial institutions, called upon to drastically modernise their offer.”

“The assets acquired from Net Solving, the ANè software platform for payments systems and COPS for cryptography, together with the competence of a team of 30 professionals,” stated Salvatore Borgese, Senior Vice President of the Financial Institutions division of Value Team, “will enable us to integrate and expand the range of products already developed by VT Finance, which, in 2008, launched VTPie, an innovative proprietary platform, developed entirely in Java technology, adopted by several Italian financial institutions such as UniCredit and the Banca Popolare di Sondrio”.

Value Team is the Value Partners group company which deals with IT consulting and services. Today it presents the market with a complete range: Consulting, System Integration and Outsourcing. Value Team serves multinational corporations world wide, with branches in Italy, Europe and Latin America, with over 2700 professionals, of whom some 600 abroad. In 2008, through VT Finance, the company which launched the ”VTPie” software platform - with 100% Java technology and 100% SOA, as an accelerator for technological innovation applied to new business and compliance processes, starting with the payments systems sphere – thus brings strength to the mission addressing the introduction of innovative “High Value” systems to the financial institutions IT market. Indeed, this programme enables rapid handling of system changes (SEPA, PSD, etc), being competitive on Italian and international markets, overcoming the limits imposed by technologies which a re often obsolete.

Press contacts

Sara Bianchi
Value Team
Viale Cassala 14/A
20143 Milan

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T: 02 8312 5842
F: 02 8312 5748
 


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Founded in 1871, Banca Popolare di Sondrio represents one of the first popular banks inspired by the movement of popular credit unions in Italy.
Over time, thanks its growth in business and presence in the area, Banca Popolare di Sondrio got a regional position improving in the same time its national visibility, always keeping a strong link with the native area.

The bank provides services meeting all bank, financial, or insurance needs of its customers (families, freelancers, every size of enterprises, companies, etc.). Aside from the main bank functions, BPS promotes cultural initiatives, and, among them, partnerships in personalities' happenings and an outstanding publishing activities stand out for prestige and imaging.

The bank's share capital - about 925 millions Euro - is distributed among over than 157.000 Partners. The most of the Partners is also a bank's customer. The resources amount is about 1.477 millions Euro. The 2007 business profit reached 130,823 millions Euro, with a yearly growth of 22,14%.
Today 2.200 employees work in Banca popolare di Sondrio, with a network of 255 branches.
Updated in November 2008.


More info available at: Banca Popolare di Sondrio
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Since 1971, the Computer Science Department of the University of Turin takes care of all the research and education activities organized by the University of Turin within the Information Technology area. The presence of many members of the department in editorial committees of international leading journals, in planning committees of international conventions, and in key positions of national and international scientific associations, shows their scientific relevance.

Other than in base research, the department is very active also in application oriented research, through partnerships with companies and industries, either public or private. These partnerships take the form of research agreements or projects funded by national and international organizations.


More information at www.unito.it

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Sun Microsystems
is the developer of the global market technology engine.
Sun follows the “The Network is the Computer™” paradigm through the presence of shared innovation and the promotion of the network involvement, of the community development, and its leadership in open source environments.

Sun is present in over than 100 countries; Italian branches are in Milan, Turin, Rome, and Padua.

More info available at: www.sun.com
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UniCredit Global Information Services (UGIS) is the UniCredit Group company focussed on  ICT.


Its mission is implementing and managing the Group’s Information System, with “customised solutions“ for specific business needs, assuring  the fine-tuning of technological and applicatory environment, assuring the data security  and operations integrity of the Group, ensuring the organizational coherency and pursue high service level and efficiency targets.

More information :  UniCredit