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i-flex Solutions accredited by SWIFT as a Service Partner
Posted On : 2007-07-11 01:12:19( TIMEZONE : IST )
i-flex Solutions Ltd has announced that SWIFT, the globally renowned industry-owned co supplying secure, standardized messaging services and interface software to financial institutions, has accredited the i-flex® solutions (Reuters: IFLX.BO & IFLX.NS), as a Service Partner.
With this accreditation, Company becomes the only organization in India that is accredited both as a SWIFT Service Partner and a SWIFT Solution Partner providing SWIFT labeled applications. SWIFT Service Partners deliver consultancy services, implementation services around SWIFT products, and offer technical assistance in SWIFT connectivity implementations.
V Shankar, Executive Vice President, PrimeSourcingTM, of the Company said, "This is an important step in our continuous pursuit to help our clients maximize the use of technology in their operations. The SWIFT accreditation adds creditability to i-flex's already established SWIFTNet support and consulting offerings and will help us optimize our customer's SWIFT usage and increase their returns from SWIFTNet investments."
The Company's comprehensive SWIFTNet offerings include SWIFTNet infrastructure support, FLEXCUBE SWIFTNet Services Integrator (FLEXCUBE SSI) suite of SWIFTNet products and consultancy services providing a one-stop solution for the entire SWIFT messaging requirements for banks and financial institutions.
Since 2006, the Company has deployed the FLEXCUBE SSI solution as a strategic SWIFTNet Messaging Hub for its customers. Oracle and the Company together help corporates manage their payments and cash / account management relationship with banks over SWIFTNet, using the FLEXCUBE SSI solution, providing operational and cost efficiencies.
In addition, Company’s core banking solution, FLEXCUBE, has also been awarded the SWIFTReady Silver 2007 Label for complying with SWIFT Criteria for Its Payments application.
The Company supports many tier-one banks in their SWIFTNet initiatives such as SWIFTNet phase 2 migration and the implementation of various SWIFTNet business solutions. With this accreditation, Company, with its certified SWIFT expertise, is strongly positioned to offer SWIFT Services to SWIFT users globally.
