Financial Daily from THE HINDU group of publications
Friday, Dec 20, 2002
Financial Daily from THE HINDU group of publications Friday, Dec 20, 2002 |
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Info-Tech
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Software Money & Banking - Software i-flex solution for Bulgarian bank Our Bureau
BANGALORE: i-flex Solutions has announced that its flagship product Flexcube has been selected by Hebros Bank in Bulgaria to centralise its banking operations and provide the technology platform for accelerating retail banking operations. The Bulgarian National Bank with the merger of eight domestic banks, each, formed Hebros Bank having disparate systems. With Flexcube, the bank will have the common centralised platform to achieve substantial improvement in service levels, efficiencies and processes, said a company press release. Mr V. Senthil Kumar, Vice-President — Europe Sales, added, "this order in addition to being significant in size, will also be a stepping stone for many more retail wins in Europe, especially Eastern Europe, where the market is still undertapped."
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