i-flex annexes Capco subsidiary

MUMBAI:i-flex solutions today announced that its Singapore headquartered subsidiary, i-flex solutions pte ltd., has entered into an agreement to acquire the Singapore subsidiary of Capco - The Capital Markets Company Pte Ltd.

This acquisition will strengthen i-flex Consulting’s ability to provide high end consulting to banks in the Asia Pacific region. The combined i-flex – Capco team provides a pool of expertise to assist banks in business transformation, management of large technology implementations and addressing risk and compliance requirements, an i-flex statement said.

“It is in line with our strategic initiative to address business transformation requirements of top tier financial institutions as it combines Capco’s consulting strengths in APAC and i-flex consulting experience in delivering solutions for the BFSI (banking, financial services and insurance) segment globally,” said Vijay Sharma, senior Vice President of i-flex Consulting.

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