Credence Analytics highest ranked Indian company in IBS League table for wholesale banking products

Credence Analytics highest ranked Indian company by IBS

Credence Analytics (India) was the highest ranked Indian company for wholesale banking products in the International Banking Systems (IBS) Annual Sales League Table for the period 1st January 2002 - 31st December 2002. Credence Analytics is ranked the world's fifth wholesale banking software vendor.

A total of 68 companies offering universal banking, wholesale banking, retail banking and private banking softwares figured in the IBS Annual League Table, of which 23 like Credence Analytics are wholesale banking vendors. Credence ranked world's 17th major banking vendor and India's 3rd major banking solution provider following i-flex solutions and Infosys. The year 2002 had a total of 83 wholesale deals in the world out of which 6 deals were won by Credence Analytics in India alone.

We take great pride in this achievement as it is quite difficult for a pure Indian software products company to establish itself at the upper end of this value chain. Companies like i-flex, Infosys and Credence Analytics only validate the belief that Indian companies can deliver quality products that can be at par with the best in the world.", states Mr. C. K. Guruprasad, Director Marketing, Credence Analytics.

Credence Analytics is among the market leaders in treasury and risk management solutions business with 15 treasury software installations and 16 risk management software installations in India. Credence has positioned itself as a provider of enhanced value to its clients by the means of specialised software solutions. The company is now offering specialised solutions to financial companies in the areas of risk management, CRM, EAI and real-time work-flow management using new technologies like instant messaging, SMS, etc. Credence also is planning to offer its solutions in the international markets by partnering with large software companies with an international presence.

For more details please contact :
M. R. Rajesh
Credence Analytics (I) Pvt. Ltd.
228, 2nd Floor, Laxmi Plaza, Laxmi Industrial Estate,
New Link Road, Andheri (W), Mumbai -- 400 053, India
91-22-26331094, 91-22-26313627(fax)
mrrajesh@credenceanalytics.com
www.credenceanalytics.com

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