BluePhoenix awarded modernisation contract in Scandinavia
BPHX | Quote | Chart | News | PowerRating -- BluePhoenix Solutions (NASDAQ: BPHX), a company specialising in IT
modernisation projects, announced on 29 December that it has been
awarded a contract by a 'large Scandinavian bank' for the modernisation
of the bank's IT systems.
The work for the unnamed bank will involve the modernisation of the
bank's Mortgage Loan application from a Unisys ClearPath system to an
IBM mainframe, with the database being transferred to a DB2 relational
database.
Work is expected to begin in the first quarter of 2009.
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