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Essay

I-Flex History And Times

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Issue:

Business

 

Written by:

Benjamin K

 

Date added:

January 28, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 638

 

Was viewed:

7603 times

 

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Essay content:

COSL was the brain child of Mr. Ravi Apte, who convinced Citicorp, while working for Citibank, to start COSL as the offshore captive. Many of the executive management of i-Flex, including Rajesh Hukku, R.Ravisankar and NRK Raman were at COSL and moved to CITIL when it was formed. Coming of age for i-flex CITIL started off with the universal banking product MicroBanker (which became hugely successful in Africa and other developing regions over the next 3-4 years) and the retail banking product Finware...
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In the mid-90s, CITIL developed FLEXCUBE at its Bangalore development center after a significant development effort spanning more than 18 months. After the launch of FLEXCUBE, all of CITIL's transactional banking products were brought under a common brand umbrella. CITIL changed its name to i-flex solutions to reflect its growing independence from Citicorp and to strengthen its FLEXCUBE brand...
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