InfrasoftTech Positioned in Gartner's Visionary Quadrant of the Magic Quadrant for International Retail Core Banking

Mumbai, India, October 23, 2012 --(PR.com)-- InfrasoftTech, a leading provider of BFSI products, solutions & services, today announced it has been positioned by Gartner, Inc. in the “Visionaries” quadrant of the “Magic Quadrant for International Retail Core Banking” Report.

As a leader, InfrasoftTech remains committed to bring modern banking technology for its customers on an on-going basis, to assist the banks to stay competitive at all times.

Mr. Hanuman Tripathi, Group Managing Director on behalf of InfrasoftTech said that “Gartner’s Magic Quadrant is a reputed standard in the international benchmarking for Core Banking systems. We are extremely delighted to see OMNIEnterpriseTM maintaining a lead among global products and being seen to be delivering value to our customers. We appreciate that Gartner is an independent research agency which provides unbiased analysis of products in different categories and do not recommend any vendor. A rating from such a agency is highly valued by us. Our roadmap to enrich OMNIEnterprise includes complete mobile enablement to serve wide spectrum of usage from Wealth Management to Financial Inclusion and enable real time transactions from mobile phones. We are happy to see working success in these models already and are popularizing the same. We also wish to make large scale implementation of Cloud based Core Banking for smaller banks who do not wish to invest in IT infrastructure. We are very motivated with Gartner’s recent ratings and genuinely believe that these ratings would help our customers to get enhanced trust on InfrasoftTech’s offerings.”

About InfrasoftTech
InfrasoftTech is a specialist software products, solutions and services provider for global Banking & Financial Services industry having a successful track record of over 17 years now. The company has established customer relationships with Banks & FIs in international markets largely focused in UK, Africa, Middle East, India and South Asia. InfrasoftTech is serving more than 200 banks globally by delivering cutting edge technology for enhancing productivity, customer reach and profitability.

For further details please contact:
Harshada Deokar
Asst. Manager – Corporate Communications
Contact No - +91-22-6776 4000
Email: harshada.deokar@infrasofttech.com

Disclaimer:
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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Infrasoft Technologies
Harshada Deokar
912267764000
www.infrasofttech.com
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