Flexcube tops sales ranking of International Banking Systems
By Bangalore: | 06 Mar 2003
Bangalore: i-flex Solutions has announced that Flexcube, its flagship product, has been ranked as the world's No 1 universal banking solution (UBS) for 2002 in terms of sales by International Banking Systems (IBS), UK. The UBS included the back-office for treasury, retail, private and commercial banking systems
The IBS Sales League Table, published by IBS Publishing, is based on a worldwide annual survey of sales of corporate, retail and private banking solutions. IBS is an independent research and publishing house dedicated to the wholesale, retail and private banking systems market. Its publications are globally recognised for their coverage of the banking systems market with investigative news, features and surveys.
Flexcube is the only software product designed and developed by an Indian company to feature in the top five banking solutions for 2002. It has been consistently rated among the top-selling banking solutions since its inception five years ago.
“It is a proud day for us at i-flex and for the Indian software industry as it reinforces our belief that India has the potential to develop, market and support world-class software products. We are delighted with this recognition,“ says i-flex Solutions chairman and managing director Rajesh Hukku.