News

Compass Plus expands business in UK, Europe

The software vendor says it has purchased a building in the UK to house a data center that will facilitate its expanding service to FIs across the globe.

May 13, 2015

Compass Plus, a provider of retail banking and e-payments software, has moved into its own U.K. premises to accommodate its expanding business, according to a press release.

The software vendor has purchased a building in Nottingham to house a data center that will enable the company to provide processing services to FIs across the globe, the release said.

The company already serves a number of customers in and around Russia. The launch of the U.K.-based data center will be a continuation of this successful business model, the company said.

"The decision to purchase our own building was a strategic move," Compass Plus GB CEO Maria Nottingham said. "It provides us with the space to accommodate our expanding European team and the ability to house our own data center, which will support our business growth, as well as enable us to offer SaaS globally."

Compass Plus also has offices in Brazil, Jordan, Malaysia, Russia and the U.S.