Israel Discount Bank deploys FLEXCUBE

Israel Discount Bank deploys FLEXCUBE

To deliver corporate, retail and private banking services from a single platform

Wednesday, April 09, 2008

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LONDON, ENGLAND: Financial software provider i-flex solutions today announced that Israel Discount Bank (IDB) has chosen FLEXCUBE as its core banking platform for its UK operations.

A release from i-flex said that IDB will roll out the solution internationally. The bank operates through a network of subsidiaries, branches and representative offices in 18 financial centers across the world, including USA, Europe and Latin America.

For the UK, IDB has selected FLEXCUBE Release 10.0, as well as Acumen, to deliver corporate, retail and private banking services from a single platform.

Noam Hanegbi, senior executive, vice president, IDB, said, "i-flex's track record of successfully delivering projects and the combined application assets of Oracle and i-flex in the financial services industry were distinct advantages for us. Further, FLEXCUBE allows us to service all our customers on the same application platform, ushering us into a simpler operating environment with the necessary flexibility."

©CyberMedia News

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