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US rater gives i-flex top ranking

Our Bureau

BANGALORE, April 10

I-FLEX Solutions Ltd has announced that it has been ranked as the No.1 pure Web-based cash management solutions provider by Celent Communications, US-based research and advisory firm for financial institutions.

The latest study by Celent Communications examines the 10 leading vendors of Web-based cash management solutions operating in the European market.

The analysis was based on six criteria - depth of functionality, reputation, financial stability, technology supported, flexibility and customisation, as well as deployment methods supported, said an i-flex press release.

FLEXCUBE @ is i-flex's Internet banking platform for delivering entire range of corporate, retail and investment banking transactions including cash management.

The platform was launched in 1999 and the latest version was released in 2002. Among 30 banks and financial institutions using FLEXCUBE @, six are in Europe.

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