Reveleus, a business of i-flex solutions and a global provider of analytical applications for the financial services industry, announced it has been positioned by Gartner, Inc. in the leader’s quadrant in the Basel II Risk Management Application Software Magic Quadrant report.
According to Gartner, “leaders” are vendors who have a proven track record in Basel II vision and business investment, which indicates they are well-positioned for the future. Leaders do not necessarily offer the best products for every customer project, but they do provide solutions that offer relatively lower failure risk. Leaders in this market have paired advanced technology with broad offerings or have specific, rich functionality.
“We are extremely pleased to have been evaluated by Gartner in its inaugural Basel II Magic Quadrant. We, along with our many clients, value the rigor with which Gartner measures the vendor solutions in this area and Are pleased that our relentless focus on deep domain experience coupled with industry-leading software development expertise has been recognized by such a prestigious research organization. We look forward to assisting many other customers with their Basel II initiatives,” said Mr. S Ramakrishnan, CEO of Reveleus.