Key Clients: Andhra Pradesht Inate Co-operative Bank, Punjab Private Bank
Iraq Middle Eas
Stvestment Bank, Audi Saradar & Maharashtra Co-operative Bank, Giro Bank
Key Highlights
GENERAL INFO Paris, France
Product Overview
• Baring Private Equity Partners invested in Infrasoft; invested over USD 25 million to take significant stake (2007)
• Main presence in India; efforts being made to expand into Africa and Europe
• Supports Unix, Linux, Windows (server); Windows (client), Oracle, MS SQL Server and Oracle (database); written in Delphi, J2EE front-ends with .NET web services
• Key functionalities supported: multi-currency GL, real-time transaction processing, local and global instruments regulatory support, budgeting and fore- casting facilities, reconciliations, limit and collateral management, lending accounts, deposits, mortgages, consumer finance and branch tellers
• Infrasoft has more than 100 global customers
• International takers are low end or start ups; has made new deals mainly in South East Asia, Middle Eas and Africat