Advanced Bank of Asia to implement Flexcube
Wednesday, 20 February 2008, 20:30 IST
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Mumbai: IT major i-flex Solutions Ltd announced Wednesday that Cambodia-based Advanced Bank of Asia (ABA) would implement Flexcube, the company's core banking solution. In a filing with the Bombay Stock Exchange (BSE), i-flex Solutions said ABA would be using Flexcube in all its corporate and retail banking operations. "With Flexcube, ABA will have a next generation transaction-processing platform, enabling it to manage costs. It will also help ABA to offer newer and more sophisticated products and increase its customer base," said the company. Kishore Kapoor, chief executive officer of I-flex, said: "With 12 banks in the region choosing us, Flexcube has become a market leader in the Indo-China region. Moreover, our system provides an open platform for enhancing banking services."
Source: IANS