On 22nd of June The State Oil Fund of the Republic of Azerbaijan signed agreement with Thomson Financial Limited, the winner of open tender for provision of IT solution for General Ledger (Main Accounting System), which were held in strict conformance with the Law of Azerbaijan Republic on Public Procurement.

The cost of General Ledger agreement is USD 182,675. The implementation of the system is expected to be completed in 6 month.

Thomson Financial Limited is one of the leading global providers of investment management, bank treasury software products and technology solutions to the worldwide financial community.