The project, worth an estimated 200,000 Euro, includes 1,000 user licenses and a two-year maintenance contract. It is due to be completed in September 2007 and is being led by K2 partner Abesse.
The Central Bank of Hungary currently uses K2 to provide enhanced workflow processes and cites the rich functionality and out-of-the-box integration K2 offers with existing Microsoft infrastructure (SharePoint, Exchange, BizTalk) as a major reason for choosing K2.
Ruan Scott, K2 vice president for EMEA, said: âWe are delighted that the Central Bank of Hungary has decided to extend its use of K2 technology. K2 enables organisations to build new and better business processes, and we are looking forward to helping the Central Bank of Hungary reap the rewards of its continued investment.â