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First Magnus Selects i-flex FLEXCUBE

Originally published November 22, 2005

i-flex solutions, a financial services solutions provider recently announced that First Magnus Federal Bank—in organization, a nationalized mortgage company, has become the first U.S. retail bank to opt for i-flex's FLEXCUBE for its complete banking platform.

Arnold Aros, CEO of First Magnus Federal Bank said, "After a most rigorous evaluation process, we selected FLEXCUBE because it met our objectives to future-proof our systems with a state-of-the-art, end-to-end core banking solution that is both feature rich and highly flexible based upon our current and projected business needs."

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.