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.
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