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ACET Processing and T-Systems Extend Processor Partnership - ACET Processing (ACET) and T-Systems in South Africa have signed a strategic five-year partnership agreement through which T-Systems will provide technology services to support ACET’s outsourced consumer finance services platform
ACET Processing and T-Systems Extend Processor Partnership

 

NewswireToday - /newswire/ - Cape Town, Western Province, South Africa, 2008/01/31 - ACET Processing (ACET) and T-Systems in South Africa have signed a strategic five-year partnership agreement through which T-Systems will provide technology services to support ACET’s outsourced consumer finance services platform.

   
 
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With offices in Cape Town and Johannesburg, ACET Processing offers financial services clients across Africa access to both the VisionPLUS® account processing system from First Data, and the Fair Isaac TRIAD™ account management solution. This combination of world-class technology and the expertise of ACET’s personnel enables consumer finance organisations to launch and maintain consumer credit products both rapidly and with minimal capital investment.

ACET’s systems will continue to be hosted at T-Systems’ secure data centre in Cape Town, whereby ACET will benefit from the focused, expert services and skills of the T-Systems facilities management team. The hosting relationship will continue to be managed by best practice operational processes, and governed by world-class service level agreements.

Mike Buttner, General Manager of IT Operations at T-Systems in South Africa, comments, “T-Systems is excited to renew our partnership with ACET Processing for a further five years. T-Systems has been a fundamental supporting partner in ACET’s growth over the past few years and we look forward to our continued mutual success.”

Mike Crawley, Managing Director at ACET Processing, adds, “ACET’s clients have benefited from the high level of service delivered through our partnership with T-Systems over the past five years. This partnership enables our clients to leverage a complete range of services from outsourced credit systems, through to the supporting and peripheral IT infrastructure. Furthermore, T-Systems’ comprehensive disaster recovery services provide our clients with peace of mind, knowing that their business is in safe hands.”

About T-Systems
T-Systems South Africa (Pty) Ltd, a solution provider with more than 1,000 employees, is based in Midrand and Cape Town. The company boasts a range of blue chip clients such as Sanlam, DaimlerChrysler SA, Murray & Roberts, Armscor, Uthingo, Denel and Senwes.

About ACET Processing

ACET Processing (ACETProcessing.com) is an outsourced financial services solutions provider that renders a wide range of processing services to a diverse client base of leading retailers, consumer finance organisations, banks and service providers.

ACET Processing is jointly owned by PIC Solutions, the leading credit risk solutions company in the EMEA region, and First Data International, a wholly owned subsidiary of First Data Corporation. Through this unique combination of proven state-of-the-art credit and risk systems, world-class outsourced processing expertise and established customer management solutions, ACET Processing provides clients across Africa with an unsurpassed range of services.

ACET Processing has formed a strategic partnership with T-Systems for the provision of the underpinning technology infrastructure and facilities management for the ACET technology platform.

 
 
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Written by / Agency / Source: PIC Solutions

 
 

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ACET Processing and T-Systems Extend Processor Partnership

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Publisher Contact: Mike Crawley 
+27 (0)21 681-2570 Info[.]ACETProcessing.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PIC Solutions securities in any jurisdiction including any other companies listed or named in this release.

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