Israel discount Bank picks up flexcube

Mumbai, Apr 9: i-flex solutions, a leading provider of IT solutions to the global financial services industry, today announced that Israel Discount Bank (IDB), one of Israel's leading financial groups has chosen FLEXCUBE as its core banking platform for its UK operations.

The first FLEXCUBE deployment will be at IDB's UK operations, the Company said in a release here, adding that IDB was considering progressively of rolling out the solution internationally. The bank operated through a network of subsidiaries, branches and representative offices in 18 financial centers across the world, including USA, Europe and Latin America.

For the UK, IDB has selected FLEXCUBE Release 10.0, as well as Acumen, to deliver corporate, retail and private banking services from a single platform.

UNI