I-flex, a provider of IT solutions to the global financial services industry, says that i-flex was among the select companies that Forrester Research invited to participate in its November 2006 Forrester wave report, The Forrester Wave: Retail Banking Platforms, Q4 2006 and was named a Leader. All the vendors evaluated by the research firm were placed in four “waves”: leaders, strong performers, contenders, and risky bets.
i-flex’s FLEXCUBE scored 4.29 the highest for its current offering out of a possible score of 5. Weightages were given to parameters such as functional depth and breadth, multi- channel enablement, platform agility and architecture and development.
“We are pleased to note that FLEXCUBE’s flexibility and agility is being validated again by the marketplace,” says R. Ravisankar, the CEO of International Operations & Business Development at i-flex. “Banks need to constantly innovate in this increasingly complex environment to gain competitive advantage and FLEXCUBE can be a vital tool to achieve better differentiation and deeper customer engagement.”