South Africa's Acet Processing and T-Systems extend processing deal
31 January 2008 | 1976 views | 0
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.
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."