Syncordis is Granted the ‘Support Professionals of the Financial Sector’ Status by Luxembourg Ministry of Finance
13 Febbraio 2020 - 01:33PM
Business Wire
‘Support PSF’ status enables Syncordis to
provide locally hosted SaaS services, and strengthens its position
as a Temenos Global Services Partner
Syncordis PSF S.A., a leading Temenos banking software
specialist and a subsidiary of Larsen & Toubro Infotech Ltd.
(LTI) has been granted ‘Support Professional of the Financial
Sector’ (Support PSF, Art 29-3 - OSIP) license by Luxembourg
Ministry of Finance. A Professional of the Financial Sector ("PSF")
is an entity that is authorized to perform financial sector
activities as a regular occupation, in accordance with article 13
of the law. The license strengthens Syncordis’ position as a
Temenos Global Services Partner and is valid for an unlimited
duration.
The PSF status serves as a guarantee for clients as every PSF
Support company must comply with regulatory requirements, be
financially stable, and implement a highest level of quality in
terms of organization, infrastructure, security and internal
controls.
Stéphane Fisch, Managing Director and Head of Managed
Services, Syncordis PSF S.A. said, “We have provided onsite
production services since 2008, but the growing demand for
outsourced production support services and SaaS solutions for
Temenos clients called for this strategic move. Syncordis PSF will
provide end-to-end managed services to its clients with the highest
standards of security, governance, processes and tools. Obtaining
the “Support PSF” license marks a major milestone for Syncordis and
will give us a competitive edge to add unprecedented value to
digital transformation journeys of our clients.”
Sudhir Chaturvedi, President & Executive Board Member,
LTI said, “I congratulate Syncordis on this remarkable
accomplishment. Syncordis PSF now has full rights to operate
primary information systems in the banking sector and can take full
responsibility to operate financial institutions’ production
environment. This setup enables Syncordis’ clients to fully focus
on their core business without worrying about technology and enjoy
multiple additional benefits such as locally hosted SaaS solutions,
increased transparency and security as well as appropriate
management of direct and indirect risks.”
Luxembourgian companies that apply for a PSF license must
undergo a lengthy application process with the CSSF. Syncordis
started the process in 2018 and submitted 1.500 pages worth of
documents over the course of the past two years to comply with and
meet all CSSF requirements. Licensed companies are audited yearly
and must report to the CSSF on a monthly basis. For more
information, go to:
http://www.cssf.lu/en/supervision/pfs/support-pfs/
About Syncordis:
Syncordis, a Luxembourg based subsidiary of LTI, delivers
high-quality end-to-end implementation and system integration
projects with an exclusive focus on Temenos banking software such
as Temenos Infinity, Temenos Transact, Temenos Fund Administration,
Temenos Infinity Wealth and Temenos DataSource. Syncordis is also
the first PSF company that is fully dedicated to Temenos services
with capabilities to support all Temenos software suites. With 12
offices across the globe, 500+ experts and complementary services
like SaaS and production support, Syncordis enables its
international clients to master their digital transformation. This
makes Syncordis one of the one-stop service partners for Temenos
clients worldwide. For more information please visit
www.syncordisconsulting.com
About LTI:
LTI (NSE: LTI) is a global technology consulting and digital
solutions Company helping more than 420 clients succeed in a
converging world. With operations in 32 countries, we go the extra
mile for our clients and accelerate their digital transformation
with LTI’s Mosaic platform enabling their mobile, social,
analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary
of Larsen & Toubro Limited, our unique heritage gives us
unrivaled real-world expertise to solve the most complex challenges
of enterprises across all industries. Each day, our team of more
than 30,000 LTItes enable our clients to improve the effectiveness
of their business and technology operations and deliver value to
their customers, employees and shareholders. Read more at
www.Lntinfotech.com or follow us at @LTI_Global.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200213005427/en/
Media Contact for Syncordis:
Stéphane Fisch Managing Director and Head of Managed Services T
+352 621 254 420 E sfisch@syncordispsf.com
Clara Bechler Marketing & Communication T +49 40 369 835 12
E cbechler@syncordisconsulting.com
Media Contact for LTI:
Shambhavi Revandkar PR & Media Relations – India T+91
9769509545 E Shambhavi.Revandkar@lntinfotech.com
Grafico Azioni Lindsell Train Investment (LSE:LTI)
Storico
Da Mar 2024 a Mar 2024
Grafico Azioni Lindsell Train Investment (LSE:LTI)
Storico
Da Mar 2023 a Mar 2024