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David Crowe, Stewart Oldfield, Jemima Whyte,

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FNS wins $26m bank deal

Software developer Financial Network Services has struck a $26million deal to provide banking software to Bank Negara Indonesia to help the bank integrate its 685 branches across Indonesia. The contract, won with IBM Global Services, adds to another FNS deal with State Bank of India. The privately held FNS is backed by Macquarie Direct Investment, one of Macquarie's private equity divisions. David Crowe

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    Original URL: https://www.afr.com/politics/briefs-20021128-k230c