Yerevan /Mediamax/. “HSBC Bank Armenia” specialists will elaborate single IT-solutions for business-units of HSBC## in Armenia, Georgia, Ukraine, Russia and Kazakhstan.

As Mediamax was told in the press service of the Bank, Chief Operating Officer, Peter Herbert noted, “HSBC Armenia” was chosen for this insourcing because of superior IT knowledge and skills in the region as well as Russian language skills.

The team of five programmers was selected from more than 50 applicants to elaborate a single program provision.

Chief Executive Officer, Tim Slater said, “we can now more easily deploy common HSBC systems across the region.” He also noted that the innovation will allow the bank reducing IT development costs and increasing speed to market of new information technology initiatives to the market.