Published On: 2015-12-05

Mumbai/Delhi/Bengaluru, Dec 5th, 2015 - IBSFINtech, the leading provider of niche IT product for Forex, Treasury and Trade Finance management has been selected as joint winner in the category “Software Product of the Year” in 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^th 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 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 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,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 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^TM 5.0i and Innovative Trade Finance^TM 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 evolving 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 corporate sector. IBSFINtech takes pride in being an ONLY INDIAN COMPANY to offer Comprehensive Treasury and Trade Finance Solutions that competes with products from global giants such as SAP, Oracle, Murex, SunGard.

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