[June 15, 2011] Comarch Bets on Luxembourg Tweet (M2 PressWIRE Via Acquire Media NewsEdge) KRAKOW, Poland, -- As a part of the business development strategy in Benelux countries, Comarch opened a subsidiary in Luxembourg in May. Comarch Luxembourg S.a.R.L will primarily deal with providing solutions for the financial sector. The new company, based on shared resources and an experienced team of business consultants, IT specialists and system engineers, will implement applications and software solutions for the financial sector as well as providing consulting and maintenance services. 'The Luxembourg market is extremely attractive for providers of complex solutions such as banking applications, insurance and investment products, and IT services, due to the enormous potential offered by existing financial institutions, says Adam Tymofiejewicz, Head of IT and IT Security, Comarch Luxembourg S.a.R.L. 'With new regulations and initiatives aimed at optimizing business processes, we are seeing an increasing demand for proven solutions, innovative applications and comprehensive Managed Services. Banks, insurance companies and investment funds are increasingly often deciding to entrust the operation of their IT processes to stable external partners.' Comarch's presence in Luxembourg will strengthen the group's business activity in this region, and thanks to the local technical support operational efficiency will increase significantly. About Comarch Established in 1993, Comarch is one of the biggest software houses in Europe with more than 3,500 employees world-wide and over 3,000 successfully completed projects. Comarch focuses on innovation: approximately 900 IT engineers are directly involved in R&D in several locations in Europe. Nearly every year Comarch starts the development of a new product line. Find out more about Comarch in Gartner's reports (Strategic Scorecard for Leading Vendors of Business Support Systems and Strategic Scorecard for Operations Support Systems, 2009) and at http://www.comarch.com/finance ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected])). (c) 2011 M2 COMMUNICATIONS [ Back To TMCnet.com's Homepage ]