Banco Latinoamericano de Exportaciones S.A. (NYSE: BLX)(Bladex), a leading provider of trade finance services for Latin America and the Caribbean, and i-flex solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of technology solutions to the global financial services industry, announced today that Bladex has completed the implementation of i-flex's FLEXCUBE for its core banking operations.
As part of its technology transformation strategy, Bladex has chosen a comprehensive array of products and solutions from i-flex, encompassing FLEXCUBE, Reveleus, business process consulting services and i-flex Technology Deployment and Management Services (TDMS).
"It was imperative that we achieve agility through the controls and processes offered by FLEXCUBE in order to enhance our capability and flexibility as a trade finance institution. As a result of FLEXCUBE going live, the quality of our customer engagements will improve substantially," stated Jaime Rivera, Chief Executive Officer of Bladex.
"This flawless implementation is testimony to Bladex and i-flex´s capability to execute a complex project with world class results" said R. Ravisankar, Chief Executive Officer – International Operations and Business Development, i-flex solutions. He added, "FLEXCUBE enables banks to transform their core banking operations and provides them with a competitive edge."