The Hindu Business Line : Flexcube roll-out for Citi completed

i-flex Solutions has completed the roll-out of its flagship banking product Flexcube in 67 countries within Citi’s markets and banking division. Flexcube now supports Citi’s markets and banking operations in the US, Europe, Africa, Asia-Pacific and Latin America. “We have enhanced our ability to launch new products and respond to ever changing market realities. Now we can better localise offerings on demand and we are able to achieve greater efficiencies throughout our global network,” said Mr Steve Randich, Chief Information Officer, Citi Markets & Banking, in a release. In the release, Mr N.R.K. Raman, CEO and Managing Director, i-flex Solutions, said: “The scale of Flexcube roll-out at Citi has never been attempted nor achieved. As partner in the transformation programme at Citi, we have together demonstrated the enormity of benefits that a bank can reap by standardisation of the processing platform and leapfrog to a new level of operational excellence and cost management.” —

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Flexcube roll-out for Citi completed