Avanza Solutions, Multinet launch Cloud Services

Karachi: Avanza Solutions signed a Memorandum of Understanding (MOU) with Multinet announcing collaboration on delivering Cloud Services together, whereby Avanza’s banking and business software will be offered as a service (SaaS) on Multinet’s infrastructure.

The MoU on the delivery of Cloud Services was signed by Mahmood Kapurwala (CEO, Avanza Solutions) and Adnan Asdar (CEO and Executive Director, Multinet Pakistan) in the presence of other senior officials from both companies.

According to this MoU, the companies will together provide Cloud Services by combining the advanced software solutions provided by Avanza hosted in Multinet’s data enters on Software as a Service (SaaS) and Business Process as a Service (BPaaS) models, allowing customers access to this service from virtually anywhere, on zero capital expenditure and significantly lower operating expenditures.

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