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IBSFINtech aims at expanding footprints in intl markets

Press Trust of India  |  Bengaluru 

Solutions provider for Corporate Treasury and Trade Finance, with emphasis on risk management- IBSFINtech Pvt. Ltd, has said it is focusing on expanding its footprints in international markets, and establishing innovative product suite as a global brand in the industry.

"IBSFINtech's current focus is to expand its footprints in international markets, and establish Innovative Product Suite as a global brand in the industry. The company has recently partnered with Athene Softech, a Malaysian firm to reach out to South East Asian markets," IBSFINtech Executive Director Chandra Mohan Grover told reporters here.

"We have progressive plans to actively pursue the MENA region and South East Region by the end of financial year 2015-16," he said.

IBSFINtech said its product portfolio with 'Innovative Treasury 5.0i and Innovative Trade Finance 5.0i' has features that include- derivatives, hedge accounting, advanced cash management and analytics to manage and mitigate currency, commodity, and risks.

IBSFINtech takes pride in being a true Make In Company in this niche domain, offering Comprehensive Treasury and Trade Finance Solutions that compete with products from global giants such as SAP, Murex, SunGard, FireApps," Grover said.

The company's third and new product 'Innovative Treasury on Cloud' is an offering designed for SME Segment of the country.

Stating that in line with this ideology, IBSFINtech plans to launch a mobile application by end of this financial year, Grover said "This mobile application will support the key stakeholders in a corporate by providing instant access to real-time and critical information. The application will provide a comprehensive dashboard to facilitate the key stakeholders in critical decision making."

IBSFINtech said its clients include Future Group, Snapdeal, and Viraj Profiles.

First Published: Fri, December 11 2015. 15:42 IST