i-flex opens shop in Moscow

NEW DELHI: i-flex solutions has announced the launch of its Moscow office. The announcement is in line with i-flex's global expansion strategy.

The Moscow office is an important milestone in i-flex's plan to grow its customer engagements in the Commonwealth of Independent States (CIS) region, currently comprising 12 countries including the Russian Federation, Ukraine and Belarus, i-flex also has plans to use the region as a base for talented software development resources.

i-flex recently acquired a new customer in the region following an agreement with International Moscow Bank, Russia, for the deployment of Flexcube, its flagship product.

Speaking on the occasion, i-flex solutions CMD Rajesh Hukku said, "Russia will emerge as a key economy over the next few years and i-flex is poised to make a significant impact in this region. We envision a strong role through our direct presence, and through our partners, in redefining the way banks use technology to serve their customers."

i-flex solutions bv CEO, V Senthil Kumar said, "Our expansion into Russia is exciting as it throws up immense business possibilities for us. It also allows us to develop alternative talent which allows us greater flexibility and speed in deploying our solutions, particularly in the CIS region."