i-flex Solutions Ltd on March 02, 2007 has announced that FLEXCUBE®, its flagship product, has retained its leadership position as the world’s No.1 selling banking solution for the fifth consecutive year.
International Banking Systems (IBS), UK, in its Annual Sales League tables for 2006, unveiled in London on March 01, 2007, has ranked FLEXCUBE as the No.1 Universal Banking Solution. Moreover, FLEXCUBE leads all other products, across all other categories, in terms of number of new wins for 2006.
FLEXCUBE is the first product ever to have achieved the distinction of being ranked No. 1 for five years in a row in the IBS Sales League tables.
For several years, IBS has been the most definitive source of news, research and analysis relating to banking operations and systems internationally. Their Sales League table, published annually, is renowned for its independence and breadth of coverage of the banking IT systems market.
Commenting on the ranking, Rajesh Hukku, Chairman and Managing Director, of the Company said: "Our mission, since our inception, has been to empower the global financial services industry with superior and effective technology solutions; and our continued leadership position in the IBS rankings, is a strong independent endorsement of our progress on this mission. This achievement is testimony to the comprehensive functionality, scalability, reliability and state-of-the-art architecture of the FLEXCUBE solution."