Aedian announces the formation, in a joint venture with a Tunisian partner, of the company Aexia, which will be based in Tunis. The subsidiary will offer services to the financial industry, specifically in the field of project development, service centre services, software reliability and technical assistance.
The new subsidiary is part of our company's "Ambition 2010" strategy. One of the goals of this strategy is to win a greater number of large projects from our traditional customer base, i.e. the French banking & insurance sectors. The formation of Aexia is a real milestone in our drive to enhance Aedian SI’s "Projects" offering, because it brings:
- Additional know-how in the mainframe, J2EE and .Net technologies, geared toward services to the financial industry;
- A solution for optimising the location of some of the stages of our projects, thanks to a French-speaking services centre with extensive experience in good ISO and CMMI practices and the ability to take on projects with a performance guarantee.
For 2008, Aexia’s business plan is to ramp up business gradually with around 10 employees and to break even at the operating level.
The creation of Aexia is the result of a partnership forged with the Tunisian firm Oxia (www.oxiasoft.com), the local market leader. Oxia was founded in 2000 by a team of managers with significant experience in the French financial industry. It currently employs a staff of 120. Projects account for 100% of its business.
Aedian is an IT consultancy and services company focused on the financial industry and the public sector
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§ IT services
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First-half FY07/08 results
13 February 2008