BPC announces an alliance with Suvitech

Banking Production Centre (BPC), a leading electronic payments and e-business solutions provider and systems integrator, announced an agreement with Suvitech Company Limited to supply BPC's SmartVista suite in Asia-Pacific countries. Suvitech Company Ltd, with its headquarters in Bangkok, Thailand, is an IT services and consulting company offering a wide array of value-added, software-led IT solutions to large and medium-scale organizations. Suvitech has excellent domain expertise in Banking & Financial Services and Telecommunication verticals.

Suvitech is granted the rights to market, sell, distribute and support BPC's SmartVista suite of software products in Thailand, Malaysia and any other territory on case by case basis with mutual consent. Alexey Demidov, COO BPC International: "Asia-Pacific is an important strategic market for us. We are pleased to announce this agreement with Suvitech as it further strengthens our distribution presence in the region and demonstrates our continuous commitment to expansion in the retail banking sector worldwide through establishing strategic partnerships".

The cooperation enables to join the abundant experience, which BPC gained through implementing large-scale projects in international environment with Suvitech's knowledge of Asia-Pacific banking market. With this partnership Suvitech will be able to provide local banks, facing the EMV technology shift and the growing demand for innovative, flexible, open-architecture software, with integrated SmartVista solutions, that are up-to-date with changes in the financial sector.

SmartVista suite is a family of software products addressing every aspect of payment lifecycle, from traditional transaction switching, card issuance & acquiring and merchant management to the full support of EMV-compliant multi-application smart cards, e-Commerce, Internet banking and mobile banking.

Alexey Demidov, COO BPC International commented: "We have great confidence in Suvitech's ability to effectively distribute SmartVista solutions. This agreement fits extremely well with our efforts to expand further in Asia-Pacific".

"BPC is a true leader in designing and implementing integrated solutions for retail banking sector, and we are delighted that they have chosen to partner with us", said Subin Bhatia, Managing Director and CEO of Suvitech Co. Ltd. "This relationship opens up excellent opportunities for us and our customers. With SmartVista, we are best positioned to address the ever-growing needs of Asia-Pacific banks".

Suvitech Co. Ltd is a software services company delivering integrated solutions, software consultancy and outsourcing, with offices in Bangkok Thailand, and Kuala Lumpur, Malaysia. Suvitech has received BOI (Board of Investment) privileges from the Thai Government and is a certified consultant with Thailand's Ministry of Finance. Suvitech is also currently in the evaluation process for receiving the MSC (Malaysian Super Corridor) status for its Malaysian operations. In addition to the technical process, Suvitech has strong domain knowledge and experience in the Banking & Finance and the Telecom verticals.