Nucleus Software enters Mexican market

June 16th, 2009 - 9:28 pm ICT by IANS  

Bangalore, June 16 (IANS) Nucleus Software Exports Ltd has tied up with Mexican consulting and distribution firm Praxis to market its software products in the Latin American country, the leading IT products firm said Tuesday.
“As our channel partner, Praxis will distribute our software products in the banking, insurance and financial services (BFSI) sector in the Mexican market and enable us to strengthen our presence in Latin America,” Nucleus global sales head Niraj Vedwa said in a statement.

The Bangalore-based global company offers IT solutions and services in the BFSI vertical spanning retail and corporate banking, cash management, credit cards, Internet banking, data warehousing and analytics.

“Latin American market offers great opportunities for our products and is a key focus area for our growth strategy. We intend to expand our footprint in Mexico and Central America by leveraging Praxis distribution network,” Vedwa noted.

Praxis business director Jorge Abud Urbiola said the partnership would help them penetrate into emerging markets with cost-effective solutions to customers in the financial services sector.

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