Question:
The software company I-flex Solutions was originally a division of which famous financial services company?
The software company I-flex Solutions was originally a division of which famous financial services company?
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I-flex Solutions grew out of Citicorp's technology division before going independent.
Updated On: Jul 15, 2026
- Citicorp
- ICICI
- HSBC
- ABN Amro Bank
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Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Step 1: Understanding the Concept.
I-flex Solutions, known for its Flexcube banking software, was later acquired and rebranded as Oracle Financial Services Software.
Step 2: Check the options.
ICICI, HSBC, and ABN Amro were not the parent from which I-flex originally spun out, so options B, C, and D are wrong.
Step 3: Final Answer.
I-flex Solutions began as a technology division of Citicorp before becoming an independent software company, so option A is correct.
I-flex Solutions, known for its Flexcube banking software, was later acquired and rebranded as Oracle Financial Services Software.
Step 2: Check the options.
ICICI, HSBC, and ABN Amro were not the parent from which I-flex originally spun out, so options B, C, and D are wrong.
Step 3: Final Answer.
I-flex Solutions began as a technology division of Citicorp before becoming an independent software company, so option A is correct.
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