Newgen Software Forays Into Bermuda

Wins order from a large private bank in the island nation.

Newgen Software Technologies Limited today announced entry into Bermuda by winning a significant order from Capital G Bank Limited.

Capital G Bank Limited distinguishes itself from other banks by providing simple and uncomplicated banking services to a diverse range of clientele. It provides a wide range of financial services in a professional environment that is customer driven.

On this ocasion Richard Doughty, EVP & Chief Operating Officer of Capital G Bank, stated, ? Technology continues to play a key role in the evolution of Capital G Bank. Our partnership with Newgen, a leading software company, marks an important achievement for the Bank and its ability to adopt worldwide best practices while maintaining operational efficiency and superior customer service.?

As the bank gears to take on the competition in the crowded Bermuda market, Newgen Software, with its OmniDocs-based solution, will automate and integrate key elements of its documentation process to increase the operational efficiency in the bank.

Managing Director of Newgen, Diwakar Nigam, said ?We, at Newgen, are glad with this important success. Our solution will empower Capital G Bank to significantly improve back office productivity by streamlining document-centric processes.?

Newgen was recently mentioned in Gartner?s magic quadrant for BPMS report and is expanding rapidly in North America. With presence in over 30 countries, Newgen Software has been named by leading analysts like Gartner, Celent, CMS Watch and IDC as a leader in innovative technology for Banks, Capital Markets and Insurance companies. Newgen is is a software product companies from India having international presence.

About Capital G
Capital G Bank Limited works with the mission of providing financial solutions for its customers through timely delivery of superior products and services. The Bank works towards its mission with a professional attitude and an environment that is customer driven.

Capital G Bank distinguishes itself from other banks by providing simple and uncomplicated banking services to a wide range of clientele. It offers a number of products and services that include Private banking, Account Management, Fixed Term Deposits, Accumulator Products, Credit and Debit Cards, Mortgages, Loans, Online Banking, among others.

About Newgen Software
Newgen Software is a market leader in Business Process Management (BPM) and Enterprise Content Management (ECM), with a global footprint of about 700 installations in over 30 countries. More than 100 of these implementations are large, mission-critical solutions deployed at world's leading BFSI, BPO and Fortune Global 500 companies.

Newgen is recognized by distinguished analyst firms like Gartner in its report ?Magic Quadrant for Business Process Management Suites, 2007? and IDC in its exclusive report ?Newgen Software: Global Leader in Business Process Management and Document Management Solutions.?

Recognized by Celent as ?Significant Player? in Banking DMS report, Newgen Software is an ISO 9001:2000, ISO 27001 certified and CMM Level 4 Company.

For further information, contact:
Max Dixit
Regional Vice President
Newgen Software, Inc
1364 Beverly Rd, Ste 300
McLean, VA 22101


Contact Details

Company Name: Newgen Software
Issued By: Max Dixit
Phone: 001-703-749-2855
Zip: 22101
Website: Visit the website

by Max Dixit (few years ago!)

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