Flexcube tops in sales
Bangalore: i-flex solutions has announced that its flagship product Flexcube has been ranked the world's number one selling banking solution for 2003 by International Banking Systems (IBS), UK, in its annual sales league table for the second consecutive year. As compared to last year's table, the gap between Flexcube and the second highest selling package has increased over the last year. Flexcube is the only software product designed and developed by an Indian company to feature in the top five banking solutions for 2003. It has been consistently ranked among the top two highest selling banking solutions globally since 1999 and has been ranked No 1 since 2002. Flexcube has 170 customers (as of December 31, 2003) across over 70 countries, many of which are leading financial institutions.
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Britain will not discourage outsourcing
Pune: In a statement in Pune today, the British High Commissioner in India, Mr Michael Arthur, said the British Government will not stop British companies from either outsourcing work to Indian companies or setting up companies here that will do work outsourced out of Britain.

The British High Commissioner, however, said the Government was concerned about the people in Britain who would lose their jobs due to the outsourcing of work and said it was tackling the issue by re-training and equipping this section of the populace to move further up the service industry chain.
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Finacle for Thai banks
Bangalore: Infosys Technologies Ltd, Export-Import Bank of Thailand (EXIM Bank) and Yip In Tsoi & Co Ltd, Thailand, have announced that they have signed a strategic partnership to revamp the bank's core technology platform with Finacle, the universal banking solution from Infosys. Under the agreement, Exim Bank will deploy Finacle across retail and corporate banking, trade finance and treasury operations of the bank.
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