" ITREALMS: Symbols goes off-shore

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Thursday, December 14, 2006

Symbols goes off-shore

Award winning Nigerian financial software, Symbols, would soon hit the international markets, according to indications from the proprietor, Progenics Corp Limited.

Managing Director of Progenics Corp Limited, Mr. Tony Udoh, gave this indication at the presentation of the best indigenous software prize won by Symbols at the just concluded fifth Nigerian Information Technology and Telecommunications Awards (NITTA-06) in Lagos.

Although he was sketchy over the details, Mr. Udoh said that the overture internationally on Symbols, is a signal of its acceptance in Nigeria and beyond.

“It is worthy of note that more firms both within and outside the country are already expressing their interest in Symbols,” he said.

This is coming as he the software signed estimated 15 firms this year alone.

These firms, he said, cut across investment and stock broking entities, including Zenith Securities, IBTC Asset Management, Fidelity Union Securities, Spring Capital, Greenwich Trust, Meristem Securities, UBA Asset Management, to name a few.

He expressed hope that before the end of next quarter, the deals with international concerns would be concluded, noting that the efforts are in line with the federal government’s drive to place Nigeria in the forefront of world’s technological giants.

He declared that at Progenics, they are proudly Nigerian and determined to consistently bring glory to the nation.

“We appreciate NITTA for recognising the impact and the contribution of Symbols to the investment and financial sector of the economy and honour us with this award, “ Mr. Udoh said.

Pointing out that the award was very timely, especially now that the firm is celebrating its 10th year anniversary.

He assured that success is another name for Progenics as the company would not rest on its oars, but would be prepared to put in more efforts than ever before.

He further listed the core modules of Symbols to include system administration, customer information system, general ledger, customer accounting and stock broking and portfolio management.

While Symbols also has some optional modules consisting of image management, credit management, investment management, Internet-based customer service delivery, fixed asset management and payroll management.

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