Relational, a European-based leading business software provider, and Dellsons Group, a Pakistani well-established business consultancy firm, have announced a strategic partnership aimed at introducing Relational’s innovative business software solutions in Pakistan’s financial sector.
In this regard, the partnership was formalized with the signing of a Memorandum of Understanding (MoU) at a ceremony attended by senior executives from both organizations.
This alliance represents a significant step forward in Relational’s global expansion strategy. Through this partnership, Dellsons Associates will leverage its extensive network and market expertise in Pakistan to introduce Relational ’s cutting-edge fintech products and services to commercial banks and the financial sector across the country. By joining forces, the two companies aim to drive growth and support the digital transformation of Pakistan’s financial industry.
The President and CEO of Relational, John Papaevgeniou, stated: “We are thrilled to join this partnership with Dellsons Associates. Pakistan is an emerging economy with an evolving financial sector. Dellsons’ deep knowledge of the Pakistani market and their commitment to fostering innovation align perfectly with our mission to provide state-of-the-art interrelated business software solutions worldwide. Together, we look forward to making an impact by empowering businesses in Pakistan with the advanced technology they need to thrive.”
Chairman Dellsons Group Ibrahim Aminshared immense enthusiasm for the collaboration. “Partnering with Relational allows us to bring world-class fintech solutions to the Pakistani market, supporting our goal of advancing the local economy through technology-driven solutions. This collaboration will pave the way for both companies to reach new heights, and we are excited to work with Relational to achieve shared success.”
The signing of the MoU signifies a long-term commitment to collaboration, with both companies confident in the potential to create value for clients and contribute to the financial sector’s growth in Pakistan.
IT and telecom analyst Muhammad Yasir said Pakistan was getting the attention of global IT companies and software providers due to the collective efforts of the private sector and the government.
Pakistani tech and IT companies have significantly enhanced their presence at the global trade fairs over the last two years, which resulted in increasing partnerships between the local companies and the global tech players, he said.
The government and the authorities concerned should take a further step forward to facilitate the companies looking for pumping investment into Pakistan.
