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Technology Stocks : Top Image Systems Ltd. (TISA)

TISA 0.850

-0.5%

May 6 4:00 PM EDT

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From: JakeStraw	12/16/2014 9:22:23 AM
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TIS Closes Six-Figure eFLOW5 Deal Within Million Dollar Project at Leading Asia-Pacific Bank finance.yahoo.com The bank, whose commercial assets and deposits rank it as one of the largest in Hong Kong, employs over 13,900 staff and earned $5.2B USD in 2013. A follow-up six-figure deal signed this quarter kicks off the deployment of this strategic project which will use eFLOW to process 44 million forms in 2015, expanding to 300 million forms per annum by 2019. TIS' eFLOW platform was selected due to its flexibility, scalability, and superior data recognition after the bank carried out a thorough evaluation to replace its old system. The bank needed a robust system with the capability not only to handle a high volume of documents, but also required system compliance with its strict data security policies and integration with its complex IT infrastructure.

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