Baku, FinanceTime.  The company Penkiųkontinentųbankinėstechnologijos (BS/2), belonging to the Penki Kontinentai Group and specializing in software and hardware for financial organizations and retail, is listed in Top10 European banking technology companies according to the Banking CIO Outlook ranking.

The well-known American monthly magazine Banking CIO Outlook is a published from Silicon Valley (USA) and has a subscription of over 60,000. Most of the subscribers are senior level technology and business managers engaged in IT or Technology departments of medium to large enterprises based in the United States and Europe.

Banking CIO Outlook’s November edition focuses on the impact of banking technologies on the financial industry development and their contribution to the world economy. The magazine aims to identify the emerging players in the banking space and highlight their expertise, business strategy, products, services, and solutions in solving impediments and overcoming market complexities. The companies presented their own vision of the modern market, the latest trends of digitalization and biometrics, as well as the changes due to the GDPR and PSD2 regulations.

The expert commission comprising CEOs, CIOs, VCs, and the Banking CIO Outlook’s editorial board has selected a list of the top banking tech companies in Europe that offer powerful solutions coupled with innovative strategies that are distinctively prominent in the field.

The company BS/2, which offers innovative solutions for more than twenty years, ranging from equipment supply and maintenance to software solutions for business optimization, monitoring, analytic and security from a single source, is among TOP 10 Banking Tech Leaders in Europe. BS/2 solutions, products and services available in 80 countries around the world.

“This authoritative assessment confirms the relevance of our chosen development strategy. BS/2 is distinguished not only by the most advanced and reliable products, but also by individual solutions that meet the strategic plans of each client. That is why we think, that this high position in the rating is a joint with our partners and customers achievement. It is a new incentive for our further cooperation and business development,” says Tomas Augucevičius, Deputy General Director of BS/2.

The “.iQ” product line, created by BS/2 to collect, monitor and store the most critical information of banks and retail companies, is highly appreciated by the experts. One of the products of the “.iQ” family – integrated hardware and software solution ATMeye.iQ – provides security and protection for more than 75,000 self-service devices around the world.

BS/2 cooperates with the world's largest manufacturer of banking and retail equipment Diebold Nixdorf and offers its specialized equipment in 14 countries: Estonia, Latvia, Lithuania, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Uzbekistan, etc. International banks, financial institutions and retailers use the software and technology solutions created by BS/2.

The company BS/2 more than 20 years develops software, supplies banking equipment (ATMs, self-service devices, cash collection and recycling equipment) and provides system integration, maintenance and integrated outsourcing services in 80 countries. The company is the leader in the banking technology field. BS/2 advises and provides innovative banking solutions to international companies and organizations. The largest banks in the Baltic, Central Asia, Transcaucasia, Eastern Europe and other regions are among the BS/2 clients.