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iflex's FLEXCUBE to provide solutions to three Chilean banks

Mumbai, Apr 12 (UNI) Indian software major, iFlex Solutions, a leading technology solutions provider for the banking and financial sectors, today affirmed that its flagship product FLEXCUBE, has been selected by three leading Chilean banks to provide core banking solutions.

The banks include Banco del Desarrollo, Banco Security and Banco Internacional.

The Chilean banks would have access to the platform in the Spanish version of FLEXCUBE to handle their back-office operations and client management needs, a release today said.

The three banks have mandated Entel, a leading Chilean telecom provider, to architect the entire turnkey project for outsourcing of operations and technology, including the FLEXCUBE core banking system. This innovative outsourcing model will help the banks reduce their operational costs and enable them to compete more effectively in the highly aggressive Chilean banking market.

DMR Consulting, iflex's corporate implementation partner, in association with iflex solutions, will assist Entel in the implementation of FLEXCUBE for end-to-end integration and migration and consulting services.

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