NIFCONewfoundland Independent Filmmakers Co-Operative (St. John's, Newfoundland, Canada)
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NIFCO has an enviable track record with US$ 550 million of Assets under Management (AUM) as on 31st of March 2008, a growth of over 55% when compared to US$ 360 million as on 31st of March 2007.
NIFCO will deploy 3i Infotech's MFund(tm) suite of end-to-end investment accounting solution.
Commenting on the tie-up, Sheikh Rashid Al Sadi, General Manager, NIFCO said, "NIFCO is undergoing rapid expansion in the region, which has in turn led to operational challenges.
NIFCO boss and North East Chamber of Commerce President Mike Matthews believes that collaboration is key if the Tees Valley is to realise its potential.
NIFCO UK Ltd has been shortlisted in two categories of this year's Plastics Industry Awards (PIA).
NIFCO is one of the region's best known manufacturers.