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'For an ambitious startup like ours, we needed a technology partner to take the initial load off our backs so that we could plan for the long term without mundane worries that are typically prevalent in such situations; i-flex and Flexcel exceeded our expectations in this regard so much so that we have invited them to be our long-term partners as well.'
Pramod Krishnamurthy
Head of Information Technology
First India Credit Corp (FICC)
a Temasek Group Company
'In a very short period we could stabilize our core banking solution with the help of the ASP model, and we have computerized 53 branches covering 90 percent of our total business. We had a good experience of the ASP model with a committed team in Flexcel. We are using their infrastructure and skills for the benefit of our organization and our customers.'
V K Gupta
Deputy Managing Director
Lord Krishna Bank
Flexcel International was set up to offer global banking solutions as well as data center operations on an ASP model. Flexcel will deploy, host and manage
FLEXCUBE
®
and application software for various banks from central data center operations to multiple entities across a wide area network.
This ASP concept being pioneered by Flexcel International aims to bring technological expertise to banks that want to leverage business opportunities - derived from the use of high-end technology at significantly lower costs. On an average, banks will save in excess of 65% of what they would be spending if they were to set up their own data centers with a licensed model of a core banking solution.
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Last updated on : 26-Mar-2008
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