Indchem Software Technologies Limited (ISTL) announced its partnership with BanQsoft, ASA, a specialised banking solutions company based in Norway catering to global financial services market. The company develops, sells and implements software solutions for banks and finance companies. The company offers a complete system for the administration of loan, leasing and deposit portfolios and has a rapidly growing customer base representing major international players in the market.
BanQsoft together with ISTL launched its products to the Asia Pacific market at the Bank.Net Third International Exhibition and Conference held on 18th and 19th December 2001 at Mumbai.
BanQsoft will offer View21, a highly flexible product development module that makes it possible for financial institutions to launch new products in any currency without program adaptations. Three very different application areas are made possible by an integrated general ledger with a new flexible structure, parameter-controlled product setting and multi-currency handling.
Indchem Software which provides solutions in the areas of banking and finance, logistics and
healthcare has a strategic alliance with Microsoft and is a Member Partner of Oracle.
S R Ramaswami (third from left), President and COO, Indchem Software, addressing the press. To his right, Jens Christian Vigulf, Director-Sales and Marketing, BanQsoft and Robert Nyhus, Director-Business Development, BanQsoft. To his left, K Krishnakumar, Associate Vice President, Banking, Indchem Software.
Indchem will offer customised products for the banking segment namely CPAssist and bANK21. While CPAssist targets the prospective customers of a bank or financial institution,
bANK21 is a secure Internet banking product for the standard core banking solutions. CPAssist also provides a comprehensive MIS and helps track marketing activities including pre-sales, prospecting and monitoring activities of existing customers.
Indchem already offers ‘Valuepack™’ to the banking and financial services industry in India. The synergy between BanQsoft and Indchem is expected to result in excellent solutions for the banking and financial sectors of the Asia Pacific region.
Interior of ISTL office at Chennai.