CAIRO: I-flex solutions, a provider of information technology solutions to the global financial services industry, announced that it will participate in the Made in India show in Cairo on November 20 -23, 2007.
The company will sponsor the Indo-Egypt Industrial Cooperation Seminar. Its chief Executive Officer and Managing Director R.K.N Raman will arrive in Egypt for a three-day visit and he will meet with key Egyptian banks, in addition to i-flex solutions’ customers and partners in Egypt.
He will also meet with Indian Ambassador to Egypt and the chairman of the Federation of Egyptian Industries and Egyptian Businessmen’s Association.
It is estimated that the majority of banking transactions in Egypt are handled by banks who use i-flex s core banking solution: Flexcube is a banking platform for retail, consumer, corporate, investment and internet banking, consumer lending, asset management and investor service.
Raman said, “I-flex solutions values its relationship with leading institutions in the Egyptian banking and financial services industry and has seen rapid positive development here in the past few years.
He added, “We are proud to be part of the first ever Made in India show. We see this as a great initiative to strengthen the mutual cooperation between India and Egypt. This would open up many opportunities for Indian and Egyptian businesses to cross-leverage each other’s strengths for growth.
I-flex flagship solution for the financial services industry Flexcuve was ranked the world’s number one selling core banking solution for five consecutive years by the UK-based International Banking Systems (IBS). Launched in 1997, today, the product suit is chosen by over 325 financial institutions in over 115 countries.
