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PSI
has been selected in NASSCOM's
100 IT Innovators 2007 — an annual initiative
that honours Indian IT companies that have injected
innovation into existing know-how and come up
with new ideas, products, business models, processes
or technologies.
PSI's
mission as a best-in-class, end-to-end solutions
partner to the financial services ecosystem, drives
its strategy of investing in developing solutions
to meet the needs of global markets. Its Trade Finance
insights in the corporate banking space led to the
definition of a comprehensive, new offering —
the PSI
Trade Finance Universe solution — led by
the TradeFree™ suite supported by a rich PSI
Component Library and best-in-class solution integration
services. As PSI's entry in the prestigious market-facing
innovation category of the NASSCOM 2007 Top 100
Innovators Awards, the PSI Trade Finance Universe
emphasises PSI thought leadership in anticipating
market trends and technology directions for its
clients.
Commenting on PSI's entry in the NASSCOM 100 IT
Innovators Awards, Mr. S.V.Venkataraman, PSI's COO
and EVP - Financial Services Business said, "As
a best-in-class company with a differentiated solutions-led
approach, PSI has been investing in developing solutions
for global clients. The PSI Trade Finance Universe
encapsulates part of our deep insights in the banking
space and brings a comprehensive solution offering
to corporate banks. We received very favourable
response at its unveiling in Boston during SIBOS
2007 in October last year. And the NASSCOM Top 100
Innovator recognition provides a further boost to
our thought leadership and capability".
About PSI
PSI Data Systems Limited is the Information Technology
business of the Aditya Birla Group, one of India's
largest business houses. PSI is a best-in-class
solutions company serving banking, financial services
and the high tech markets, globally. PSI operates
offices in the USA, Europe, Japan and delivery centres
in India. For more information visit the PSI corporate
website: www.psidata.com.
Contacts
Nilanjan Chaudhuri,
Vice President - Marketing
PSI Data Systems Ltd
Email: nilanjan.chaudhuri@psi.adityabirla.com
Tel: + 91 080 3055 8000
Safe
harbour
Certain statements in the release could be forward-looking
statements, which involve a number of risks and
uncertainties that could cause actual results
to differ materially from those in such forward-looking
statements. Investors are advised to exercise
their own judgment in assessing various risks
and uncertainties associated with the company.
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