i-Flex's product is world No.1!

IT solutions provider i-Flex solutions on Monday announced that its flagship product, flexcube has been ranked the world's number one core banking solution for 2004 by International Banking Systems, UK in its annual sales league table for the third consecutive year.

"Flexcube has been consistently ranked among the top two highest selling banking solutions globally since 1999 and has been ranked number one since 2002. The ranking is based on the number of sales of the product during the calendar year.

Since its inception, flexcube is the choice of over 215 financial institutions across 90 plus countries," the company said.

"This repeated top ranking is a continuous affirmation of the faith our customers have in us," said Rajesh Hukku, i-Flex's CMD.

"It also reinforces Flexcube's value proposition – a contemporary core banking solution for retail, corporate, investment and Internet banking built on the industry deepest domain expertise," he said.

Martin Whybrow, editor and publisher of IBS, was quoted as saying in the statement "i-Flex has been the most successful new entrant in the market in the last decade or so and its top position for the third consecutive year is testimony of its sales capabilities and delivery track record."

i-Flex Solutions and Fundtech Ltd, providers of technology solutions to the global financial services industry, have signed a marketing agreement to offer total payment solution to financial institutions around the world.

 

The marketing agreement would result in combining Fundtech's Global PAYplus payments system with i-Flex's PrimeSourcing professional services, i-Flex said.