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TMCNet:  African Development Corporation Taps Vitech's Software

[March 24, 2012]

African Development Corporation Taps Vitech's Software

Mar 24, 2012 (Close-Up Media via COMTEX) -- Vitech Systems Group, a provider of insurance and investment administration software, announced that the African Development Corporation has selected Vitech's software as its new fund administration system.

According to a release, ADC focuses on banking, insurance and other proprietary investments in sub-Saharan Africa. ADC will access Vitech's software as a SaaS application in Vitech's private cloud.

"We are so pleased to have been selected by such a prestigious organization," said Hope Nawada, Vitech's Director of Investment Solutions, "Vitech's software is a great fit for ADC's needs and our SaaS offering simplifies what would otherwise have been a complex, multi-national installation." ((Comments on this story may be sent to newsdesk@closeupmedia.com))

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