2026-07-29 20:13:15
Latest Post
Om Infra Ltd emerges L1 for a Water Resource Project in Chhattisgarh valued at Rs. 568.98 Crores
Coforge delivers 49% YoY Growth, PAT increases 110% YoY
AU Small Finance Bank Raises FCNR Deposit Rates to 7.40% and NRE Fixed Deposit Rates to 7.60%
Welspun Corp Ltd receives new order worth Rs. 960 crores
Sigma Advanced Systems Secures USD 104.9 Million Export Order for Next-generation Extended Range 155mm Base Bleed Artillery Shells
Stock Report
i-flex Solutions positioned in Leaders Quadrant of International Retail Banking Magic Quadrant
Posted On : 2007-01-31 08:01:16( TIMEZONE : IST )
i-flex Solutions Ltd has announced that both the Company's lead offerings, FLEXCUBE Universal Banking Solution and FLEXCUBE for Core Banking for Large Retail Operations have been positioned by Gartner, Inc in Leaders Quadrant of Gartner’s Magic Quadrant for international Retail Core Banking, 2006 (Don Free, January 25, 2007).
Inclusion Criteria
According to the Gartner report, "there were 31 initial combinations of software vendors and products for the IRCB Magic Quadrant; 18 finalists were selected for inclusion. The selection criteria served to cull vendor products that possessed sufficient market traction and momentum, supported basic retail functionality and international support, and provided evidence of short-term viability."
Commenting on this position, N K Raman, COO, of the Company said "We owe this placement to our customers in 104 countries who engaged with us over the last decade to unfold the vision behind FLEXCUBE and enable successful execution of Core Banking Projects. We look forward to participate and share our learning with prospective customers as an Industry leader providing solutions for Core Banking, Lending, Risk, Compliance and Governance."
Magic Quadrant Disclaimer
The Magic Quadrant is copyrighted (January 25, 2007) by Garnter Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
