UK banking group selects Flexcube

NEW DELHI: i-flex solutions Ltd has announced the initiation of a major new agreement with a banking group in the UK. Lloyds TSB Bank has selected Flexcube as the banking solution for a part of its wholesale and international banking requirements.

The initial projects revolve around the requirements for loans administration and syndicated lending and the replacement of the core system for the bank's US branch operations. Future deployment will include the bank's wholesale and international banking branches in other parts of the globe.