Bangalore: i-Flex Solutions, Information Technology solutions provider to the financial services industry, today (Dec 2, 2003) announced that its flagship product Flexcube has gone live in Kuwait's Gulf Bank.

"Gulf Bank has implemented Flexcube to meet the transaction processing requirements of its treasury, trade finance and corporate loans divisions," the company said in a statement.

In order to help the bank monitor risks online and simplify operations, i-Flex has also provided a real- time interface with the existing systems at the bank. Gulf Bank has also implemented FLEXUBE @, i- Flex's Internet banking solution, which would provide the bank's customers a multi-channel and increase self-service touch points, the statement added.

Gulf Bank is Kuwait's second largest commercial bank and is ranked among the top five banks in the Middle East, it said.

PTI