Eurobase Banking Solutions and MphasiS announce strategic partnership

London - 3 April 2012

Eurobase Banking Solutions (Eurobase), a leading provider of Treasury Management & eTrading Solutions to the Banking and Financial Services sector and MphasiS, a leading global technology and operations services provider, today announced an alliance to offer clients a more holistic and integrated Treasury Management solution and service offering.

Through this partnership Eurobase & MphasiS will be providing a complete Treasury Management solution and service offering to banks and Financial Institutions around the world. Customers will see Eurobase’s Siena Front Office delivered as a fully integrated solution, and will benefit from Mphasis’ extensive capabilities in Core-banking solutions integration and support.

“We recognise the needs of our customers by delivering our Siena Front Office as a proven, integrated solution to existing core banking products. This partnership will see Eurobase and MphasiS provide an extended range of value add services due to the extensive expertise and capability in core banking solutions which both organisations possess. We are pleased to be partnering with Mphasis in what we believe provides a complimentary and valuable service offering to the market”, said Joe Locke, Chief Executive Officer, Eurobase Banking Solutions.

“We’re extremely excited about this partnership with Eurobase, as it enables us to continue strengthening our footprint in critical areas within Banking. In the changed realities of today, the ability to efficiently price and execute treasury trades and manage related risk becomes extremely critical to the success of any bank treasury. We are confident that our partnership with Eurobase will provide a compelling joint value proposition to our customers to achieve their needs in that area”, said Donald Morrison, Senior Vice President & Head – Banking & Capital Market Unit, MphasiS.

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