Infrasoft scores in IBS 2008 sales league

by Gill Montia

Story link: Infrasoft scores in IBS 2008 sales league

Infrasoft Technologies has taken a top listing in the IBS UK Sales League 2008.

IBS has been established for 17 years, publishing research and analysis on banking operations and systems internationally in its monthly magazine.

Its sale league table is regarded as a benchmark for banking solution suppliers worldwide, based as it is on sales of back-office banking systems to new clients by global vendors.

Infrasoft has been listed in the league table for five consecutive years but this year has improved its position, taking third place behind Temenos and Oracle FSS.

A dedicated software company for the banking and finance industry, Infrasoft achieved 34 new sites last year and its chief executive, Hanuman Tripathi, is optimistic of a similar achievement in 2009, despite the global economic downturn.

Mr Tripathi comments: “Looking at different business models that banks and financial institutions are launching in global markets, we feel the demand for core solutions is set to grow.”

Intrasoft has operations in New York, London, Dubai, Bahrain, Malaysia, Singapore and Mumbai.