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INSIS was awarded with The Ukrainian Financial Olympus award in the Product of the year nomination

“We are honoured to be awarded with such a prestigious award which has being given to the representatives of the Ukrainian Financial Elite. Our nomination in the Product of the year category makes us proud as we are the first foreign company to gain such recognition. In this respect we would like to thank all of our clients, partners and friends for their support and appreciation. ”, commented Anri Levi, CEO of Fadata."

The Ukrainian Financial Olympus award was founded in 2005 on the initiative of professional NGOs along with The Ukrainian National Olympus and The Ukrainian Construction Olympus awards. Renowned individuals and companies have been amongst the professional award winners of the Business Olympus Awards, namely, Mr. Vladimir Stelmakh, Governer of the National Bank of Ukraine; Ms. Irina Sirenko, CEO of Providna Insurance Company; insurance company Oranta; Vneshtorgbank; insurance company Alpha Garant; ALICO AIG LiFE and many more.

For more information about The Ukrainian Financial Olympus award, please visit: www.olimpawards.org

About Fadata AD

Established in 1990, Fadata is a leading provider of software solutions for insurance companies worldwide. Its leading insurance product INSIS has customers in USA, Bulgaria, Romania, Ukraine, Russia, Kazakhstan, Azerbaijan, UAE, Estonia, Slovakia, Hungary and Greece.

As an Oracle Certified Advantage Partner, Fadata also offers its customers solutions and consulting services in the area of Oracle Applications: Oracle e-Business Suite, Oracle CRM, Oracle Enterprise Content Management and BI solutions.

With a headquarter in Sofia, Bulgaria and subsidiaries in Romania and Serbia, Fadata has a global distribution and supports partners’ network in 20 countries, which provide service to over 110 customers. Until the end of this year, Fadata plans to open offices also in Ukraine and Portugal

Fadata and INSIS have been highly ranked in the report on the leading providers of Policy Administration Systems in Central and Eastern Europe, issues in July 2007 by Celent - an American company, specialized in research and consulting activity in the scope of IT technologies in the finance sphere all over the world.

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