Microsoft, XacBank and IT Zone Signed a Memorandum of Cooperation
September 29, 2014, Ulaanbaatar. Microsoft, a global leader in software development and production, together with XacBank and IT Zone Company signed the “Open Value Licensing Program” Memorandum of Cooperation that will create information technology infrastructure.
Mr. Aleksei Trubinov, Head of Business Development for Microsoft, Mr. D. Bat-Ochir, Director General of XacBank and Mr. N. Battulga, Director General of IT Zone company participated in this tripartiate agreement.
Under this cooperation arrangement, the Microsoft Open Value license program will be implemented in XacBank over 3 years. Within the scope of this program, a total of over 1000 computers will receive officially licensed Microsoft software including Windows and Officeand will be used on many servers, providing high level information security and reliable operations.
A leader in information technology in Mongolia, IT Zone Company is the official partner of Microsoft in Mongolia with the status of “Silver Application Development Partner” and implementer of the Open Value License program with XacBank. XacBank provides comprehensive financial services using the most advanced technology in a most efficient way to serve over 600 thousand clients through a network of 107 branches with 1700 professional staff serving over 1300 merchants and AMAR mobile banking agents nationwide.
In order to ensure security and reliability of information technology, the trend of using officially licensed software created by banks and financial institutions is increasing. This fact evidences the strengthening IT sector in Mongolia, which in turn will provide reliable, quality and efficient services to clients.
