Date:16/11/2006 URL: http://www.thehindubusinessline.com/2006/11/16/stories/2006111604311200.htm

Back i-flex to launch core banking solution

Our Bureau

Mumbai, Nov. 15

i-flex Solutions Ltd and Financial Services Inc. (FSI) have tied up to launch FLEXICUBE as a hosted offering to community banks in the US.

FLEXCUBE — a core banking solution from i-flex, and is the company's flagship offering — will equip community banks to compete with large banks and financial institutions on an equal footing, said a news release from i-flex. The company did not provide the financial details of the tie-up. "The combination of the FLEXICUBE platform and FSI's extensive experience in supporting community banks, will help banks in this segment achieve competitive advantage," said Mr George Thomas, Vice-President - Customer Fulfilment and Solution Architecture, i-flex Solutions.