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August 16, 2023

Leading financial IT services consultant Elenjical Solutions expands into Turkish banking market via strategic alliance with domestic sector specialist

Financial IT services consultant, Elenjical Solutions, has entered into a long-term partnership with Istanbul-based Linktera, an established provider of IT solutions to the Turkish banking sector. This strategic collaboration expands Linktera’s offering to Turkish financial institutions to now include Elenjical’s comprehensive Murex expertise.

Effective immediately, Johannesburg headquartered financial services consultancy Elenjical Solutions has agreed a multi-year partnership with leading Turkish financial IT consultancy Linktera. This collaboration is poised to introduce Elenjical Solutions’ deep rooted Murex expertise to the Turkish market, with the goal of bringing added value and expanding the range of products available to leading banks. By leveraging their respective strengths, this partnership will enhance the diversity and quality of services accessible to financial companies, fostering innovation and propelling the sector to new heights.

The alliance has already seen success, with progressive Turkish bank appointing the partners to provide Murex support. This strategic alliance underscores the commitment to revolutionize the Turkish banking industry by delivering state-of-the-art solutions that drive growth and efficiency. Both companies pledge to diligently adhere to compliance requirements and work closely with relevant authorities to ensure service delivery in line with industry standards.

“At Elenjical Solutions, we continuously strive to add value to our clients. This collaboration will allow us to bring our expertise to the forefront, delivering innovative solutions that drive success for financial institutions in Turkey”, comments Tinu Elenjical, founder, and CEO of Elenjical Solutions. “We are excited about the opportunities this partnership presents and look forward to making a significant impact in the Turkish banking industry”.

“The treasury business in Turkey has become increasingly complex due to regulatory and market requirements. Alper Erbakan, a manager who leads this collaboration, explains: ‘ This has led to an increasing need for expert resources in the Turkish market. We believe that our global experience and our local partner will enable us to respond to this need’’’.


Game-Changing Partnership

“Our skillset is entirely complementary, and the strategic alliance between Linktera and Elenjical Solutions represents a significant step forward in our mission to elevate the Turkish banking industry to new heights. Our mission is to offer solutions that create added value to the institutions we serve with end-to-end turnkey projects,”, agrees Taskin Aksoy, Co-Founder & CEO at Linktera.