Mitratech partners Union Systems for African market leadership
Mitratech, leading provider of legal, compliance and risk management software announced that it reached a partnership agreement with Union Systems Limited (USL), a leading information technology company specializing in the marketing and implementation of software solutions for banks and financial institutions across Africa.
USL will market and implement Mitratech’s DataStoreDSX Enterprise Content Management (ECM) software solution, which for over 20 years has been the industry standard ECM solution for banks in Africa with clients in every sub-Saharan country. This alliance strengthens both USL and Mitratech’s position as the leading source of information governance and content management technology on a continent home to six of the world’s 10 fastest growing economies. With the increased ability to store, view, archive and distribute huge volumes of data regularly, DataStoreDSX helps banks comply with regulations including those frequently updated by Central Banks and various international regulatory bodies.
“We have been supporting software at African banks for many years and we work with leading banks in different countries, so it is crucial for USL to engage with partners who can guarantee quality and bring a high level of expertise to our customers,” said Aonghus Geraghty, President and Chief Sales Officer at Union Systems Limited.
“Digital technologies are characterized by large network effects, large fixed costs and close to zero marginal cost. At USL, we feel that these are key points for banks planning to be the big winners in the African market. Through our partnership with Mitratech, we will be able to help such ambitious banks fully automate their document handling across the entire bank, helping maintain regulatory compliance, reduce costs and improve customer service.”
Over 25 banks, including the biggest bank in Africa and the most profitable bank in the continent’s largest market, count on Mitratech to help them meet the increasing demand for customization, communications and access to customer information. DataStoreDSX supports key enterprise processes and delivers end-to-end control of all content across an organization, including scanned documents, text files, images, word documents, emails, print streams, spreadsheets and more. By providing a single source digital repository for structured and unstructured corporate information, DataStoreDSX integrates seamlessly with line of business applications to help manage information at an enterprise level and support an organization’s immediate and future regulatory, legal, risk and operational requirements.
“We are very excited to welcome Union Systems Limited to our partner network,” added Director of Alliances & Partnerships for Mitratech Connor Blake.Blake said the combination of our DataStoreDSX document management solution, coupled with USL’s expertise and long-term relationships with African banks, can only help further establish DataStoreDSX as the de facto standard for Enterprise Content Management in the region.
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