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Stock impact report

Leading German Auto Finance Company Goes Live with Full NFS Ascent Suite to Support Operations in South Korea [Yahoo! Finance]

NETSOL Technologies Inc. (NTWK) 
Last netsol technologies inc. earnings: 2/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netsoltech.com
Company Research Source: Yahoo! Finance
solutions for the asset finance and leasing industry, has announced the go-live of its next-generation platform NFS Ascent for a leading German auto captive finance company and longstanding client to support their operations in South Korea. This deployment consisted of the full NFS Ascent suite, which includes both the Retail and the Wholesale platforms. The NFS Ascent Retail platform includes Omni Point of Sale (Omni POS) and Contract Management System (CMS), while Ascent's Wholesale Finance System is part of its Wholesale platform. These deployments are part of a contract with a total value in excess of $110 million – the largest contract in NETSOL's history. The initial agreement was signed in 2015 and included implementations in twelve countries across the Asia-Pacific region and South Africa. This most recent successful deployment in South Korea marks the eleventh market to go live as part of this contract signing. “This deployment for one of our most esteemed and longest sta Show less Read more
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