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i-flex gets $10 m contract

MUMBAI: i-flex solutions has bagged a $10 million contract from Banco de Chile, under which the company will provide its financial suite, Flexcube, to the latter. The Chile-based bank would replace its legacy retail core banking system with Flexcube and the implementation is expected to be completed within 18-24 months, an i-flex release said here today. The contract was awarded after a `rigorous evaluation' process that included four of the top banking solution providers in the world, he said. — PTI

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