August 1, 2016

TOSAN honored as one of the Top 10 Retail Banking Solution Providers 2016 by Banking CIO Outlook

Monday, 1 August 2016

FREMONT, CA—July XX, 2016— TOSAN, a leading provider of Banking applications and Payment software solutions, today announced that it has earned a place in the list of “Top 10 Retail Banking Solution Providers 2016” by Banking CIO Outlook. “We are proud to announce TOSAN as one of the Top 10 Retail Banking Solution Providers 2016 for its commitment to provide customers with the most innovative products and highest value for money,” said Michelle Wilson, Managing Editor of Banking CIO Outlook. “TOSAN is recognized for providing modernized technology that empowers organizations to integrate customer’s information islands and enables them to optimize profit by increased productivity.” TOSAN Corporation is ranked based on its wide range of innovative banking applications and payment solutions that helps banking industries to overcome their business loopholes and ensures more productivity. It’s Yaghout, an open platform which provides fully integrated banking services through the web services in a fully customized manner. BANCO® Core banking system is designed, as a response to the banks needs in order to facilitate the banking operations and a robust tool to consolidate the banking competition. It also provides SIPA payment solution, which is a full modular system with independent components that enables connectivity and integration with variety of servers, terminals, switches and banking networks through service-oriented architecture and Java technology.


TOSAN Corporation was founded in 1998 specializing in the provision of end-to-end banking solutions for both conventional and Islamic financial institutions. TOSAN is the first and largest market-leading provider of banking software solutions to retail, corporate, private, micro-finance financial institutions in Iran. It has built a strong reputation with 17 years of experience in offering diverse range of solutions encompassing all major components of the banking process. For more info, visit


About Banking CIO Outlook

Published from Fremont, California, Banking CIO Outlook is a print magazine that features CIOs, ITVPs, CTOs and other decision makers with their opinions and suggestions that helps clients to address the issues in the banking industry. It also gives information about technologies that meet the needs of CIOs and stay abreast with the new trends that are shaping banking industries. A panel of experts, professionals including board members of Banking CIO Outlook magazine finalized the list of “Top 10 Retail Banking Solution Providers 2016” and short listed the bestconsultants and vendors in the Retail Banking arena. For more info, visit:>