CMS renews contract with Malaysian firm

Mumbai: Capital Market Solutions (CMS), IT arm of the Religare Technova successfully renewed its contract with Malaysia-based financial service company RHB for providing and managing middle and back office solutions and operations till 2019.

CMS is providing Nova solution to RHB since 2000 and under the contract CMS will upgrade 3.1 version of Nova and review the operations and IT procedures followed by the RHB to maximise the benefits, says press release issued by the company.