Latest Oracle Financial Services Software Limited News: Finextra Research

Indover Bank signs for i-flex's Flexcube

Amsterdam-based Indover Bank is installing i-flex solutions' flagship core banking system, Flexcube, across the enterprise.

16 April 2004

/retail

I-flex implementation cue for IT overhaul at Abu Dhabi Commercial Bank

UAE-based Abu Dhabi Commercial Bank (ADCB) has contracted with Gulf Business Machines (GBM) for the supply and integration of IBM servers, storage technology and Internet infrastructure software in support of a new core banking implementation from i-flex.

01 April 2004

/Sibos

HVB German unit cans i-flex Flexcube installation - Reuters

A flagship installation of i-flex's Flexcube core banking software at Germany's HVB Group has been halted following a "change in strategy" at the bank, according to reports by Reuters.

15 March 2004

/retail

I-flex moves into consumer lending with SuperSolutions acquisition

Indian core banking systems supplier i-flex is to acquire SuperSolutions, a US-based specialised consumer lending software provider in an all cash deal for $11.5 million.

16 December 2003

/retail

Gulf Bank goes live with Flexcube

Kuwait-based Gulf bank has implemented i-flex solutions' flagship core banking product Flexcube.

02 December 2003

/Sibos

IBM and i-flex extend retail banking alliance

I-flex solutions' core banking system is to be made available across the complete range of IBM servers, in an extended global alliance targetting Tier 1 and Tier 2 retail banks.

20 November 2003

/retail

Juniper Bank selects i-flex's Flexcube

Delaware-based Juniper Bank is to implement i-flex solutions' flagship core banking product Flexcube for its deposit and loans processing.

14 July 2003

/retail

ACCBank selects i-flex's core banking system

ACCBank, an Ireland-based subsidiary of Rabobank, is to implement i-flex solution's flagship product Flexcube across its banking operations.

17 June 2003

/retail

I-flex reports top-line growth as HVB joins customer roster

HypoVereinsbank of Germany has signed a contract to implement i-flex’s flagship Flexcube banking solution in Munich and internationally.

29 May 2003

/retail

I-flex chief Kumar discharged by UK court

Bow Street Magistrates Court has discharged extradition proceedings against Senthil Kumar, CEO of the Dutch subsidiary of Indian software company i-flex Solutions who was arrested following an investigation into alleged visa irregularities among employees working at the vendor's Amsterdam office

16 May 2003

/retail

I-flex Dutch CEO released on bail

I-flex Solutions Netherlands CEO Senthil Kumar, detained in the UK at the request of Dutch authorities investigating alleged visa violations by the Indian software firm, has been released from gaol on £20,000 bail following a hearing at Bow Street Magistrates Court in London.

03 April 2003

/retail

Kotak Mahindra Bank selects i-flex's Flexcube

Newly-formed Kotak Mahindra Bank is to deploy i-flex's flagship core banking platform Flexcube across its branch network.

31 March 2003

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