BANGALORE: i-flex solutions, a provider of information technology solutions to the global financial services industry, on Tuesday announced that InvestBank, Sharjah has selected i-flex?s flagship product FLEXCUBE as its core banking solution after a highly competitive evaluation process. FLEXCUBE Universal Banking Solution includes back-office for Corporate, Treasury, Investment, Retail and Private banking systems. FLEXCUBE will enable the bank to undergo a branch expansion programme and boost the range of services it provides. It will also help InvestBank provide better and faster service to its customers from any branch through a single banking platform. Emirates Technology Company (EMITAC) will provide systems integration services. InvestBank chose FLEXCUBE, i-flex's flagship product, after working with KPMG Consulting. "After careful evaluation we have concluded that FLEXCUBE meets our current and future requirements and fits our business strategy," said, InvestBank. The UAE financial market is already extremely competitive with a number of potential new entrants. "The objective is to position ourselves to meet future challenges and at the same time address our customer needs better," InvestBank added. "InvestBank is a strategic win for us and I am confident that FLEXCUBE implementation would significantly help the bank realize its goals and provide the dual objectives of lowering transaction costs and improving customer service levels," said, Rajesh Hukku, Chairman and Managing Director, i-flex solutions.