Exela Technologies, Inc. has signed a multi-year license deal with Finanz Informatik (“FI”), the IT service provider of the Savings Banks Finance Group, a financial institution with approximately $3.5 trillion in assets, 300,000 employees and 67 million customers. Since 2006, Exela has been helping FI on its digital journey primarily with their Core Banking System, OS Plus. The latest project will enable a standard, comprehensive end to end solution replacing many of the local solutions developed over the years.

Exela will introduce Digital Mailroom and the AI-based distribution and process control will be carried out by Plexus CaseVision. The project is valued at a TCV of several million dollars over the next few years.