CAD IT develops for Banca Mediolanum the new "Commission" application for calculating

CAD IT S.p.A., leader in the Italian financial software market and listed in the STAR segment of Borsa Italiana, announces the signing of a contract with Banca Mediolanum for the development of the new "Commission" application.
Developed on a highly innovative, cutting-edge technological platform, the “Commission” product will calculate the remuneration of the Bank's Sales Network promoters. The project follows CAD IT's activities in creating the “Raccolta Netta Unificata” (Unified Net Collection) application.

The contract, which includes design services for application development and the relative Application Management services, implies a total value of over 2 million Euros. The expected duration is until the end of 2017.

CAD IT thus consolidates its position as a leading player in a rapidly expanding market segment such as "Commissioning" for promoter networks and adds Banca Mediolanum to its list of other important references, like Banca Fideuram.