New York-based Accenture said it has signed an information technology support and systems development contract with one of Brazil's largest credit unions.

The strategic outsourcing will help $9 billion SICREDI focus on the development of micro to medium-sized enterprises in rural and urban areas, the credit union said.

"This decision will lead us to a new level of technology, helping us to increase our results and support in the development of new business, products and services for credit unions that are integrated or affiliated with our systems," said Den?lson Mascarenhas, SICREDI's IT executive director.

SICREDI said it comprises 128 credit cooperatives, with 12,000 employees, 1.6 million members, and more than 1,000 service centers in 10 Brazilian states.

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