i-flex solutions - core banking solutions,core banking software,core banking consulting,core systems replacement

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"We believe IT is the competitive weapon for the banking industry. i-flex^® has provided us with worthy arsenal and helped us reach this leadership position"

Aditya Puri
Managing Director
HDFC Bank

Our FLEXCUBE^® core banking solution helps large and growing retail banks meet the challenge of handling higher volumes, intense competition, reduced margins and increased customer expectations, thereby equipping them with a unique competitive advantage in improving their profitability and extending their customer reach.

benefits

i-flex’s core banking solution can support a financial institution by:

reducing operating costs significantly

Based on a highly flexible and scalable architecture it reduces technology and operational costs, co-exists with the existing office systems, and "future proofs" prior technology investments. One of our customers reduced technology costs by 90% and operational costs by 40% after implementing FLEXCUBE.

offering improved customer service with higher cross-sell rates

With enriched customer data collection and management, banks can cross-sell a wide range of financial products to existing customers as per the financial needs.

retail banking

products

custom solutions

consulting

IT infrastructure services

kpo

achieving record time-to-market for new products

FLEXCUBE enables banks to roll out new products, from conceptualization to launch, in a shorter timeframe, helping them stay ahead of the competition and capitalize on new market and product trends.

FLEXCUBE has enabled new product creation in just two to three weeks - from the concept stage to the final launch.

  positioning banks to achieve rapid ROI

A tier-1 bank found its FLEXCUBE initiative paying for itself in just one year.

  easily integrating with existing systems

Your earlier technology investments are not obviated, since FLEXCUBE can interface with satellite and legacy systems using the latest XML-based interface protocols.

  helping a bank comply quickly with changing regulatory requirements

FLEXCUBE helps banks comply with regional regulatory requirements. It can also be customized to suit new regulatory requirements laid down from time to time. These could include regulations such as Anti-Money Laundering (AML), BASEL II, and SOX, among others.

  driving product innovation

The fundamental design objective of FLEXCUBE, as the name suggests, is to allow the customizations to suit varied and dynamic market needs. One of our tier 1 customers was able to define over 5000 products on FLEXCUBE.

ensuring rapid customer acquisition

A large bank acquired 1.5 million new customers in just 11 months with a new service offering made possible by FLEXCUBE.

enhancing customer relationship management

Banks can offer preferential pricing to valuable customers through FLEXCUBE's relationship pricing facility.

scalability to support rapid growth and M&A initiatives

FLEXCUBE successfully integrated the operations of three banks with different back-office solutions in about 12 to 14 months.

seamless integration with SOA

FLEXCUBE’s Service-Oriented Architecture (SOA) allows seamless co-existence and integration of all applications.

a comprehensive process framework

The i-flex Process Framework for Banks (iPFB) liberates processes from the limitations imposed by technology, thereby helping banks transform processes and standardize and leverage best practices.

FLEXCUBE at Ten

As FLEXCUBE celebrates the tenth anniversary of its launch in 1997, it has 350 financial institutions in over 120 countries as its customers. Read how FLEXCUBE^®, the banking product suite from i-flex^® solutions, has transformed the financial services industry.

FLEXCUBE - i-flex's core banking solution