I-flex signs Lloyds TSB to Flexcube

UK bank Lloyds TSB has licensed i-flex solutions' core banking software, Flexcube, to support its international banking operations.

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I-flex signs Lloyds TSB to Flexcube

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The software will initially be used to support loans administration and syndicated lending processes at the bank's US branches.

I-flex says the software will also be deployed across Lloyds TSB's other international branches.

Ernie Battey, product marketing director, Lloyds TSB, says: "We are pleased to be working with i-flex on this assignment in contributing to heightened efficiency of operations and improved customer service for our corporate clients."

Financial terms of the deal were not disclosed.

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