Tuesday, September 05, 2006

i-fl ex’s acquisition fits in with its vision for risk & compliance services

i-fl ex has identi- fi ed operational risk and compliance as a high potential segment. States Makarand Padalkar, Chief of Staff & Investor Relations, i-fl ex Solutions, “Risk and compliance has been one of the key areas of growth for us over the last few years. Th e acquisition of Mantra will increase our footprint in this area.” Th e fact is that the acquisition of Mantas is a strategic decision by i-fl ex to become a leading player in the risk and compliance marketplace – an area that has already been mastered by Mantas, which has a premium clientele like ABN Amro, Barclays, Citigroup and Merrill Lynch.

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Source:- IIPM Editorial

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