i-flex solns sells 'flexcube' to Advanced Bank of Asia

Mumbai, Feb 20: i-flex Solutions Ltd has informed BSE that the Company and Advanced Bank of Asia (ABA), Cambodia, announced that the bank would implement ''flexcube'', i-flex's core banking solution for its operations in Cambodia.

ABA would implement ''flexcube'' across its corporate and retail banking operations. With ''flexcube'', ABA would have a next generation transaction-processing platform, enabling it to respond faster to customer needs, while effectively managing costs. It would also help ABA to offer newer and more sophisticated products and increase its customer base.

''With twelve banks in the region choosing us, 'flexcube' has become a market leader in the Indo-China region. We have also demonstrated that our approach ensures swift implementation of a new generation, open platform that enables world class banking services.

We welcome Advanced Bank of Asia as a customer of 'flexcube' and we look forward to work in partnership with them,'' said CEO i-flex solutions Kishore Kapoor, in a release.

UNI