IBSFINtech Bags 'Software Product of the Year' Award

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IBSFINtech, a niche IT product company offering corporate treasury management solutions, is awarded the “Software Product of the Year” award at the prestigious Express IT Awards 2015

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'It gives us immense pleasure to receive this award, especially when we are the only 'Make-in-India' company in this niche domain providing a unique IT product for treasury management,' said C M Grover, Executive Director – IBSFINtech.

IBSFINtech, the leading provider of niche IT product solutions for Forex, Treasury and Trade Finance management, has been selected as joint winner in the category “Software Product of the Year” at the Express IT Awards 2015.

The award was received by IBSFINtech’s Technical Director, T.M. Manjunath, and Executive Director, C.M. Grover, at an award ceremony held in Bengaluru on Dec. 4, 2015.

Upon receiving the award, T.M. Manjunath stated, “It is needless to say, that we feel proud to receive this award. We appreciate that the industry has acknowledged our niche & domain centric product which is need of the hour for every corporate, especially in today’s volatile Forex environment.” He further added, “You will be surprised to know that many big corporates are still dependent on excel sheets or stand-alone ERPs to manage their corporate treasury. And the time has come for this focused and extensive product which provides an end-to-end treasury management solution.”

C M Grover, Executive Director – IBSFINtech, further added to his peer’s statement, “It gives us immense pleasure to receive this award, especially when we are the only 'Make-in-India' company in this niche domain providing a unique IT product for treasury management. We have been trusted by leading corporates of the country such as TOI, Snapdeal and Future Group, and the leading consulting firms have agreed to front-end our product.”

On being questioned about the growth of the company, Mr. Grover said, “We have a unique product for efficient treasury management, and this product caters to a global need! So, we are expanding our horizons beyond India to offer our unique and niche product to the global market. We have recently partnered with a Malaysian firm, Athene Softech, to help us expand in the Asia Pacific region, and we are actively looking at partners across the globe.”

IBSFINtech is an Indian company headquartered at Bengaluru, Karnataka, having an implementation office at Mumbai, Maharashtra. The company offers niche corporate treasury management products, Innovative Treasury™ 5.0i and Innovative Trade Finance™ 5.0i.

When asked about the product version 5.0i, Mr. Manjunath said, “We at IBSFINtech strongly believe in innovation. As the regulatory landscape continues to evolve in this segment, IBSFINtech maintains its strategy of high investment in research and development, bringing innovative business solutions to its clients. This helps us continuously offer them a better and improvised product which evolves with the ever-changing business environment.” He further added, “We recently launched ‘Treasury On Cloud,’ a unique offering facilitating SMEs to manage treasury efficiently. This product has been enthusiastically adopted by the SME segment of the country.”

About Company:
IBSFINtech India Pvt. Ltd is a Bangalore based organization specializing in providing niche products in the area of Forex & Treasury and Trade Finance for the corporate sector. IBSFINtech takes pride in being the only Indian company to offer Comprehensive Treasury and Trade Finance Solutions that compete with products from global giants such as SAP, Oracle, Murex and SunGard.

IBSFINtech has its corporate office in Bangalore with a branch office at Mumbai. For more details, visit: http://ibsfintech.com/

For more information, please contact
Nidhi Arora
Tel : 080-41219181

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Seema Choudhary
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