The information and communication technology (ICT) industry of Latvia is often mentioned as one of the industries with the highest potential in Latvia and is seen as one of the future foundations of the country's economy. Latvia has good education programs in science and mathematics, and this has created a basis for a thriving software production business. Latvia it is one of the main global providers of software that runs the card-payment and cash-withdrawal systems of commercial banks. Serving the needs of the financial sector is a key competence of Latvia's IT companies. Cluster is looking for opportunities to work in collaboration with Latvian companies to provide more effective and innovative solutions for banking and other sectors where integrated solutions could make a big impact on business process management.