Source: i-flex solutions
i-flex(R) solutions (Reuters: IFLX.BO/IFLX.NS), a leading provider of information technology solutions to the financial services industry worldwide, announced today the availability of its flagship product suite, FLEXCUBE(R), on Linux.
The availability of FLEXCUBE on Linux is yet another initiative by i-flex to keep its customers ahead in the competitive marketplace and deliver superior TCO. i-flex plans to accelerate its Linux based deployments to meet the increasing customer demand for such industry-standard solutions.
"This qualification on Linux is an important milestone in our ongoing strategy to continuously enrich the FLEXCUBE suite and maintain its worldwide leadership position," said R. Ravisankar, CEO, International Operations, i- flex solutions. "This further expands the platform independence of the FLEXCUBE suite, and enables financial institutions to reduce IT costs without compromising on performance."
FLEXCUBE, on an Intel(R) Itanium(R) 2 based platform running Linux, specifically enables banks and other financial institutions to lower their Total Cost of Ownership. The Intel Itanium 2 processor is uniquely architected for demanding enterprise and technical applications.
"We are pleased to see i-flex qualify FLEXCUBE for Linux and Intel Itanium 2 - based platforms," said John Davies, Vice President Solutions Market Development Group, Intel Corporation. "The joint solution will allow banks to make the strategic shift and help reduce their total operating costs."
HP Integrity servers running Linux enable businesses and organizations to maximize their return on investment by delivering industry-leading performance at a lower cost and with greater choice than proprietary RISC technologies.
"We are delighted to partner with i-flex solutions and offer FLEXCUBE on standards-based HP Integrity servers running Linux," said Martin Fink, Vice
President of Linux, HP. "i-flex and HP offer a full range of Linux solutions that reduce total cost of ownership and enable a robust, secure and scalable environment that can support mission-critical applications in banking and other financial services firms."