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Banks the World Over Choosing i-flex Solutions

JF Asset Management: Hong Kong
Hong Kong-based JF Asset Management, one of the largest asset management companies in Asia, has chosen FLEXCUBE Investor Services, i-flex's comprehensive transfer agency and fund distribution system. The solution will offer JFAM a strong platform to design innovative products, manage different types of funds, and offer feature-rich services to customers.

Old Mutual Life Assurance: South Africa
Old Mutual Life Assurance, South Africa, a wholly owned subsidiary of Old Mutual PLC and a top-tier financial institution, has selected FLEXCUBE Investor Services. The organization plans to use the product to administer unit trust and life endowments, among other solutions.

OceanBank: Vietnam
Vietnam-based OceanBank selected FLEXCUBE as its banking platform. OceanBank plans to use the rich functionality offered by the solution to realize its vision of transforming itself into a world-class bank by the end of 2009.

Islamic Bank of Asia: Singapore
Islamic Bank of Asia, Singapore's first Islamic bank, has chosen the FLEXCUBE Islamic Banking Suite as its core banking platform. The solution's Islamic readiness and strong references in the Middle East and other parts of Asia made FLEXCUBE the preferred choice, offering the advantage of a highly customer-centric solution with sophisticated functionality and both Islamic and conventional banking on the same platform.

China Trust Commercial Bank: Taiwan
China Trust Commercial Bank, the largest bank in Taiwan, selected FLEXCUBE universal banking solution and FLEXCUBE@, i-flex's internet banking solution, to replace its banking systems in the Asia-Pacific region. The solution will provide CTCB a flexible foundation for offering innovative products and services to its customers.

MDM Bank: Russia
MDM Bank, one of the top 10 banks in Russia, has chosen FLEXCUBE as its banking platform. MDM, ranked the most profitable bank in the country in 2006, enjoys the highest credit ratings among privately owned Russian banks and plans to use FLEXCUBE to transform its banking operations to align them with international standards across all areas.

Korea Exchange Bank: Korea
Korea Exchange Bank, Korea's largest foreign exchange bank, selected Mantas' Anti-Money Laundering Solution. KEB sees Mantas as a comprehensive AML solution designed to meet upcoming Korean AML regulations and enabling it to expand its international business across Asia, Europe, and North America.

SunTrust Banks Inc.: North America
SunTrust Banks Inc., a large North American bank, selected the Reveleus Basel II Solution as a central component of its planned adherence to the Basel II capital adequacy regulations. The solution delivers sophisticated risk management capabilities, enables risk-enlightened management, and the optimal allocation of capital.

Credit Union Loan Source: North America
The Credit Union Loan Source, a U.S.-based credit union service organization, selected Daybreak as its loan servicing and collections platform to streamline and automate its business processes, reduce redundancy, and enhance customer service.

One of the Largest Banks in France
A large French bank signed up to implement FLEXCUBE in 18 of its subsidiaries around the world. This bank, ranked among the top five banks in the world in terms of revenue, plans to use FLEXCUBE, i-flex's core banking solution, to replace existing systems in its international subsidiaries.

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