NetSol Technologies, a global business services and enterprise application solutions provider, announced that a UK-based client selected the company’s NFS Ascent platform for its asset finance business.

The contract is valued at approximately $8 million, which includes license, services, maintenance and support.

“This is another important win for NFS Ascent, and helps to serve as an important reference point for our marketing activities in the UK and throughout the region. This contract is an example of one of many that are coming to fruition,” said Naeem Ghauri, president and global head of sales of NetSol. “NFS Ascent’s intuitive interfaces and business process engine help improve efficiencies and fuel growth, with mobility solutions that provide for new ways to collaborate and conduct business. We look forward to continuing to enable our client to differentiate against competition in a very mature and well-served market.”

The scope of the project covers the full end-to-end finance and leasing lifecycle, implementing NFS Ascent’s, point of sale, credit application processing, contract management system and mobility.