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Our Bureau

Bangalore, Feb. 1

Gartner has positioned Infosys' core banking solution Finacle and i-flex solutions' Flexcube universal banking solution and Flexcube for core banking for large retail operations in the leaders quadrant in the recently released "Magic Quadrant for International Retail Core Banking 2006" report.

The Magic Quadrant has 15 weighted criteria that plot vendors based on their relative strengths in the market. Magic Quadrant for IRCB assesses the impact of transition and volatility in the market, vendor consolidation trend and technology evolution that promises to enhance business agility on key international vendors and their products that serve this market.

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