Elche, 07/12/2023 – Business Software Group (BSG) continues to expand its presence in the business software market with a new strategic acquisition. On this occasion, BSG is pleased to announce the acquisition of OTESI, a leading computer application development company specialized in the development of software for banking reporting to official organizations, both the Bank of Spain and the CNMV.
The acquisition of OTESI further strengthens BSG’s leadership position in the industry by adding a new business line focused on developing specialized software solutions for the banking sector. This acquisition reinforces BSG’s commitment to providing cutting-edge solutions that meet the specific needs of clients in an ever-evolving business environment.
The banking reporting software developed by OTESI is widely recognized for its accuracy, reliability, and regulatory compliance. This solution enables banking institutions to generate comprehensive and precise financial reports, meeting the requirements and regulations set by official regulatory bodies.
By integrating OTESI’s expertise and capabilities within the BSG group, the development of innovative solutions will be enhanced, allowing banking institutions to streamline and optimize their financial reporting processes, thereby improving efficiency and regulatory compliance.
The acquisition of OTESI represents a strategic step for BSG, as it enables the expansion of its product and service portfolio while strengthening its presence in the banking sector. Additionally, BSG will continue to provide technical support and personalized customer service to OTESI’s clients, ensuring a smooth and seamless transition.
About Business Software Group S.L.
BSG is a leading company in the business software sector, dedicated to providing innovative and quality technological solutions to companies in various sectors. With a focus on the acquisition of specialized companies, BSG continues to expand its presence in the national market, strengthening its technical solvency and offering cutting-edge solutions to its clients.
About OTESI
OTESI is a renowned computer application development company, with an outstanding track record in the development of software for banking reporting to official organizations. Its commitment to excellence and regulatory compliance has positioned OTESI as a benchmark in the banking and investment fund sector. The acquisition by BSG opens new growth and development opportunities for OTESI, allowing the creation of even more advanced solutions adapted to the changing needs of the industry.
