20 October 2017
visit www.response.ncr.com

HSBC to standardise investor services TA business on i-flex Flexcube

19 June 2006  |  7471 views  |  0 HSBC logo web screen shot

HSBC is to replace multiple transfer agency and investor services systems across Asia and the Middle East with a single platform supplied by Indian core banking vendor i-flex.

The bank is to implement i-flex's Flexcube system with its Investor Services modules to streamline it transfer agency automation across the region. The multi-currency, multi-lingual i-flex system will replace multiple legacy systems in a co-ordinated effort to bring about operational and cost efficiencies and higher customer service levels.

Kishore Kapoor, CEO, i-flex solutions says the deal offers the vendor an opportunity to showcase the Web-enabled platform, which promises fully automated processes and work flow engines tailored to suit the requirements of the fund management industry.

He adds: "This prestigious win further strengthens our commitment to grow our business in the global unit-trust and fund management solutions industry."

In August last year, HSBC signed a deal with i-flex corebanking competitor Temenos to re-engineer the bank's existing Universal banking platform using the Swiss vendor's technology as a core component.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Wachovia signs for Reveleus Basel II platform

Wachovia signs for Reveleus Basel II platform

12 June 2006  |  4911 views  |  0 comments
I-flex signs three Chilean banks to Flexcube

I-flex signs three Chilean banks to Flexcube

12 April 2006  |  5821 views  |  0 comments
Wells Fargo selects Reveleus for Basel II

Wells Fargo selects Reveleus for Basel II

15 February 2006  |  9609 views  |  0 comments
I-flex reports record $25 million quarter for new license fee sales

I-flex reports record $25 million quarter for new license fee sales

30 January 2006  |  5309 views  |  0 comments
Citigroup signs for Reveleus Basel II package

Citigroup signs for Reveleus Basel II package

16 January 2006  |  6172 views  |  0 comments
HSBC buys out Asia Fund Services

HSBC buys out Asia Fund Services

23 November 2005  |  6557 views  |  0 comments
I-flex signs Panama's Bladex

I-flex signs Panama's Bladex

10 November 2005  |  5224 views  |  0 comments
HSBC selects Pega as global BPM workflow standard

HSBC selects Pega as global BPM workflow standard

04 October 2005  |  14916 views  |  0 comments
I-flex wins Bulgarian bank deal

I-flex wins Bulgarian bank deal

22 September 2005  |  6140 views  |  0 comments
HSBC rolls out SmartTrade order routing system

HSBC rolls out SmartTrade order routing system

06 September 2005  |  3941 views  |  0 comments
HSBC/Temenos pact raises core banking hopes

HSBC/Temenos pact raises core banking hopes

25 August 2005  |  16738 views  |  0 comments
IBM and i-flex win $49m Canara Bank contract

IBM and i-flex win $49m Canara Bank contract

05 August 2005  |  7792 views  |  0 comments
Oracle to acquire majority stake in i-flex

Oracle to acquire majority stake in i-flex

02 August 2005  |  8073 views  |  0 comments
I-flex to acquire Capco's Ortos risk management product

I-flex to acquire Capco's Ortos risk management product

21 June 2005  |  8562 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.niceactimize.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
16076 views comments | 12 tweets | 4 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8325 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
7898 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7310 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6643 views comments | 10 tweets | 21 linkedin

Featured job

circa £250K total package
London

Find your next job