EVENTS

Transaction Systems and Orion Innovation (“Orion”), two prominent leaders in the IT sector, are pleased to announce a strategic partnership to deliver a comprehensive offering of professional services and multiple solutions including Temenos Core Banking Solutions to financial services organizations. This collaboration will see both companies cooperate across presales, sales, and delivery activities to provide top-class solutions, implementation, integration, as well as professional support and maintenance to clients, in the financial services industry.

With this agreement, Transaction Systems and Orion will leverage their combined strengths, capabilities, and strategic solutions, to support the financial services market across Europe. Their joint forces will focus on executing professional transformation programs and implementing or replacing critical backend systems, to enhance their clients’ banking operations and services.

For Orion, this partnership enables direct access to the markets and geographies where Transaction Systems operates, expanding its reach and influence. Leveraging Orion’s domain expertise, Transaction Systems will significantly enhance its existing solutions portfolio by incorporating a state-of-the-art core banking solution program, based on Temenos, a leading provider of banking software. Orion subject matter experts from Europe and Asia will complement Transaction System´s professional services competencies.

This partnership establishes a common approach to core banking modernization across multiple markets, including Western Europe, Central and Eastern Europe (CEE), and the Caucasus region.

“We are excited to embark on this partnership with Orion Innovation. By combining our strengths, we are well-positioned to provide unparalleled services to our clients in the banking industry,” said Martin Loeffler, Global CEO at Transaction Systems.

“This collaboration represents a significant opportunity for both companies to strengthen their market position and deliver comprehensive and innovative solutions in core banking for the financial services industry,” added Suchen Janjale, Head of Financial Services, Europe, at Orion Innovation.

Irina Barkalaia is promoted to CEO for Caucasia, Central Asia & CIS/Moldova, and Ivan Bekarovski joins the company as the new head of Division Solutions & Services

We are excited to announce the appointments of Irina Barkalaia and Ivan Bekarovski in new positions, further strengthening the company’s leadership team and positioning for continued success. Irina Barkalaia is promoted to the position of CEO for Caucasia, Central Asia & CIS/Moldova. At the same time, Ivan Bekarovski joins the company as the Director of the newly established Software, Solutions and Services Division.

Irina Barkalaia, has been an invaluable member of Transaction Systems for many years, demonstrating exceptional leadership, strategic vision, and dedication. Her deep understanding of the region, combined with her expertise in the payments industry has been instrumental in driving growth and innovation across the company’s operations.

In her new role, Irina will be responsible for overseeing the company’s business strategies and operations in Caucasia, Central Asia, and the CIS/Moldova region. She will continue to build on the company’s successes, fostering strong relationships with partners, clients, and stakeholders, and ensuring that Transaction Systems achieves its ambitious business goals.

Ivan Bekarovski joins Transaction Systems bringing a wealth of experience and a proven track record in driving business growth and forging strategic partnerships. His main mission will be to strengthen the company’s position as an integrator and enabler of digital transformation in the global financial services sectors.

Ivan disposes over 20 years of experience as COO, sales- and delivery director, having previously held key positions at Capgemini, Infosys, Arbes Technologies and SAS Institute. In his new role, Ivan is responsible for leading the company´s project services initiatives in digital banking modernization and to assure an exceptional level of delivery quality. His appointment underscores Transaction Systems’ dedication to enhancing its market position and delivering exceptional value to its clients.

“I am thrilled to welcome Irina and Ivan to our leadership team,” said Martin Loeffler, Group CEO of Transaction Systems. “Their experience and strategic vision align perfectly with our mission to deliver best-of-breed solutions globally. We are confident that their strategic insights and leadership will further strengthen our commitment to excellence and our mission to deliver exceptional value to our customers and stakeholders.”

Transaction Systems is a global end-to-end provider and integrator of best-of-breed POC automation solutions. The company prides itself on its team of empowered, self-driven intrapreneurs and leaders who thrive in a highly committed, multi-cultural environment. With ePayments at the core of its operations, Transaction Systems is dedicated to delivering innovative solutions and exceptional service to its clients worldwide.