3i Infotech - IT Services, Software Products, BPO Services

3i Infotech and Smartesting enter Strategic Alliance to drive "Zero Defect"

Wed, 23 Nov 2011 13:55:16 +0530

Bangalore, November 22, 2011 - The Indian arm of Smartesting, a leading software provider for model-based test design solutions, based out of Bangalore, today announced a strategic alliance with 3i Infotech, a global Information Technology company. Through this partnership, 3i Infotech’s Independent Testing and Compliance Business (ITCB) will not only integrate the Smartesting solution in their test environment but also offer this as part of their testing solution to all their customers. The partnership incorporates an Enterprise Licence Agreement, which covers 3i Infotech’s own software products / IPRs and its independent testing services activity.

Locuz Enterprise, a Subsidiary of 3i Infotech, Wins CRN Xcellence Award 2011

Mon, 5 Sep 2011 15:30:45 +0530

Mumbai, September 5, 2011 - 3i Infotech, a global provider of IT solutions, one of India’s leading IT companies, today announced that Locuz Enterprise Solutions Limited, a subsidiary of 3i Infotech, has been declared the "Company of the Year" at the CRN Xcellence Awards 2011. This award is recognition of the efforts of Locuz as a quality system integrator with the best technology skill-sets and its industry-best practices. Further, the citation of the award indicates that the quality of the company’s management is one of the most respected.

3i Infotech partners with Cloupia to Offer Global Cloud and Data Center Automation Services

Tue, 30 Aug 2011 16:36:38 +0530

India, USA, UK - August 30, 2011 - 3i Infotech, a global provider of IT solutions and one of India’s largest software product companies, announced today that it selected Cloupia to offer and deliver Cloud and Data Center Automation Services world-wide. This Cloud based service aims to reduce the capital and operating expenses through an intelligent orchestration layer for automated dynamic management of servers, storage, network and applications as a collective unit. Improved agility and predictability transform’s existing data centers into a dynamic and cost-effective private cloud, that responds quickly to business needs.

3i Infotech partners with SecurView to offer Security as a Service

Wed, 17 Aug 2011 14:01:34 +0530

India, USA and UK - August 17, 2011 - 3i Infotech, a global provider of IT solutions and one of India’s largest software product companies, announced today its partnership with SecurView to offer Security as a Service (SECaaS). This service aims to save time and money, with its rapid deployment capability, instant service activation and elimination of up-front investments in licenses, tools and manpower.

3i Infotech retains Best Takaful Technology Company award

Wed, 27 Jul 2011 10:51:48 +0530

London, Dubai, Mumbai, July 26, 2011 - Global financial technology solutions and services provider, 3i Infotech has been awarded "Best Takaful Technology Company" at the 5th International Takaful Summit 2011 in London. These annual awards honor companies and practitioners that have contributed the most to the growing Takaful market.

3i Infotech reports first quarter results

Fri, 22 Jul 2011 10:43:40 +0530

Mumbai, July 21, 2011: 3i Infotech, a global provider of IT solutions and one of India’s largest software product companies, today announced its operating results for the first quarter ended June 30, 2011.

Rathbones Goes Live With WHTPro from 3i Infotech

Tue, 19 Jul 2011 13:52:45 +0530

London, July 19, 2011 - 3i Infotech, a global provider of IT solutions, today announces the successful implementation of its WHTPro solution with leading wealth manager, Rathbone Investment Management. Rathbones realised that to serve the need of its global clients, it needed to overhaul, consolidate and integrate its existing technology applications, and start to build a tax platform that would provide benefit and efficiencies now, but also provide future flexibility as the FATCA changes unfold. As a fully scalable platform, WHTPro will be able to grow with the business, and manage ever larger amounts of data as the legislation is enacted globally.

3i Infotech Unveils Advanced/Upgraded ORION Enterprise Solution

Fri, 10 Jun 2011 17:08:33 +0530

Kuwait, June 8, 2011 - 3i Infotech, a global financial technology solutions and services provider unveiled the advanced and upgraded version of their Enterprise Resource Planning Solution, ORION™ Enterprise in Kuwait today. The ERP platform, with built-in CRM and SCM and Business Intelligence capabilities, offers organizations sharp insights into and control over operations across the value chain through a single application. With its powerful suite of tools such as workflow management portal, individual desktop and Business intelligence and a set of ready functional modules mapped to best industry practices, ORION Enterprise addresses the needs and challenges of diverse industries.

3i Infotech certified as "Democratic Workplace" by WorldBlu

Wed, 13 Apr 2011 18:32:28 +0530

Mumbai - April 13, 2011 - 3i Infotech, a global information technology company, is one of only two companies from India and 52 worldwide, (including USA, UK and India) to be recognized in the WorldBlu List of Most Democratic Workplaces 2011, a global certification given by WorldBlu, a company specializing in organizational democracy. WorldBlu is a US based company specializing in organizational democracy and freedom-centered leadership. 3i Infotech has qualified for this recognition for the second consecutive year. WorldBlu’s qualification parameters include ten democratic principles, such as transparency, dialogue and listening, integrity, and accountability.

3i Infotech’s KASTLE suite of solutions implemented by Kirnaf Investment and Installment Company, Saudi Arabia

Tue, 5 Apr 2011 15:13:35 +0530

Riyadh, KSA & Dubai, UAE, April 4, 2011 - 3i Infotech, a global provider of IT solutions and services announced that Kirnaf Investment and Installment Company (Kirnaf), a well-known Islamic financial institution based in the Kingdom of Saudi Arabia has implemented our KASTLE suite of solutions along with a comprehensive bouquet of business applications integrating its entire IT operations.

3i Infotech and Western Union Sign Agreement to Deliver Complete Electronic Billing and Payment Solutions

Tue, 5 Apr 2011 15:14:13 +0530

Edison, NJ and Englewood, CO - April 4, 2011 - 3i Infotech, a global information technology and business process outsourcing (BPO) company, and The Western Union Company (NYSE:WU), a leader in global payment services, today announced the availability of joint electronic billing and payment solutions to clients of both companies. The goal is to further optimize client revenue chains through improved efficiency, simplicity and cost controls.

3i Infotech and Zumbox Partner to Help Companies Increase Electronic Billing Adoption

Thu, 31 Mar 2011 17:18:17 +0530

Edison, NJ and Los Angeles, CA - March 30, 2011 - 3i Infotech, a global information technology and business process outsourcing (BPO) company, and Zumbox, the leader in digital postal mail services, announced today a partnership to enable 3i Infotech clients to send electronic bills and other customer communications via Zumbox. Among other valuable benefits, the partnership will assist 3i Infotech clients in driving electronic bill adoption, promoting print suppression and cutting costs.

3i Infotech Extends Electronic Billing and Payments Strategy with New Partnership and Services

Thu, 31 Mar 2011 17:18:32 +0530

Edison, NJ - March 30, 2011 - 3i Infotech, a global information technology and business process outsourcing (BPO) company, today announced enhanced capabilities and a new partnership to help corporate clients keep pace with a rapidly changing revenue collection environment and shifting consumer preferences. By focusing on optimizing the entire end-to-end cash collection process, 3i Infotech serves as advisor, facilitator and integrator for companies concerned with the growing costs and management requirements of their many billing and payment channels.

NACHA PAYMENTS 2011

Thu, 31 Mar 2011 17:17:36 +0530

Attending NACHA Payments 2011? Stop by booth #309 to discuss the future of Billing and Payments optimization. Our highly skilled team of Revenue Cycle professionals can show you how to better automate your cash collection process, for improved cash flow, reduced management requirements and lower costs.

3i Infotech at the Annual Factoring Conference, Washington DC, USA

Thu, 31 Mar 2011 17:09:54 +0530

3i Infotech invites you to discover the premier solution for Factoring, Factor/SQL, at the 17th Annual Factoring Conference (Booth # 36), to be held at the Omni Shoreham, Washington DC, USA, from April 13 -15, 2011.

Visit the 3i Infotech Booth for an exclusive demonstration on Factor/SQL, world’s premier factoring software. Featuring this year is new Analytics for Factor/SQL and many new enhanced features.

3i Infotech’s latest version of Kastle Treasury has been implemented by Ceylinco Life, Sri Lanka’s largest Life Insurance company

Tue, 15 Mar 2011 16:46:32 +0530

Mumbai, March 14, 2011 - 3i Infotech, a global provider of IT solutions and one of India’s largest software product companies, announced that Ceylinco Life, Sri Lanka’s largest and most successful life insurer, has decided to upgrade to the latest version of 3i Infotech’s Kastle Treasury solution. Kastle Treasury is an integrated treasury management solution, covering several key areas such as Foreign Exchange, Money, Equity, and their related derivative instruments. Initially Ceylinco Life had implemented an earlier version of the Kastle Treasury in 2003.

Fifth Third Processing Solutions and 3i Infotech Introduce Innovative Mobile Check Deposit

Tue, 15 Mar 2011 16:51:48 +0530

Cincinnati, Ohio and Edison, New Jersey, March 8, 2011- Fifth Third Processing Solutions, a premier payment solutions provider, will soon offer mobile check deposit capabilities to its customers through an agreement with 3i Infotech, a prominent global information technology company. The initiative will begin with a pilot program involving Town and County Bank, based in Salem, Missouri. Town and County Bank’s customers will be able to deposit paper checks anytime, anywhere by taking photos of them via their smartphones and submitting them through a secure electronic application provided by 3i Infotech.

3i Infotech launches 400-strong Asset Management Practice

Tue, 8 Mar 2011 14:48:40 +0530

London, March 8, 2011 - 3i Infotech, a global provider of IT solutions, today announces the launch of its 400-strong international Asset Management Practice (AMP).

The practice, which benefits from 22 delivery centres located around the world is already being used by some of the world’s top asset management firms, provides a unique customer framework that focuses on three core principles - focus, ownership and delivery.

The formalisation of the industry-centric offering streamlines future strategic planning and customer innovation and enables the asset management industry to capitalise on a suite of bespoke products and services. This is critical if key participants are to successfully tackle the myriad of regulatory hurdles and other core market drivers challenging the sector.

Spearpoint Go Live with ‘Reporting to Clients’ from 3i Infotech

Mon, 7 Mar 2011 14:37:47 +0530

London, March 7, 2011 - 3i Infotech, a global provider of IT solutions and services today announces the successful implementation of its Reporting to Clients solution for Stockbroking and Portfolio Management specialists, Spearpoint Limited.

In the current challenging climate, client communications are highlighted as key to attracting and retaining business. With stockbrokers looking for evermore efficient methods of complying with new regulatory frameworks, Reporting to Clients is a formidable, client reporting solution that encompasses the entire investment reporting process and provides complete automation of report production, distribution and electronic storage.

Spearpoint selected Reporting to Clients as the business was searching for a flexible professional format for its client facing documents, and had received positive reviews about the application from several sources. Reporting to Clients integrates with Spearpoint’s existing multi-currency, back-office system, Flagship, to provide a seamless solution to the production of essential client valuations.

3i Infotech continues to add Altimis Clients

Mon, 31 Jan 2011 16:27:22 +0530

London, January 31, 2011 - 3i Infotech, a global provider of IT solutions, announces three new client wins and a string of enhancements for Altimis, its stockbroking and portfolio management solution, completing a strong 2010. Developed in conjunction with the stockbroking and investment management community, the product provides clients and prospects with the ability to further streamline the broking and investment process and take advantage of one of the only systems to truly span from front to back office without the inherent problems of multiple databases.

3i Infotech Reports Third Quarter Results

Mon, 24 Jan 2011 18:48:25 +0530

Mumbai, January 24, 2011 - 3i Infotech, a global provider of IT solutions, one of India’s leading IT companies and among the top 3 Indian Software Products Companies, today announced its operating results for the third quarter ended December 31, 2010.

3i Infotech Chooses HP Software to Boost Testing, Compliance Efficiencies

Wed, 19 Jan 2011 21:00:07 +0530

Edison and London - January 19, 2011 - 3i Infotech, a global provider of Information Technology solutions, today announced that it has selected HP’s Application Software Quality (ASQ) automation suite to enhance its application testing and compliance efficiencies.

The HP ASQ platform will be used by 3i Infotech to develop its Domain Test Accelerator across several verticals such as banking, financial services, insurance, manufacturing and retail. HP will help 3i Infotech establish a Center of Excellence (CoE) to develop the Domain Test Accelerator. These services will be available as 3i Infotech’s "Testing as a Service" (TaaS) offering over a cloud platform.

3i Infotech partners with Manipal Health Enterprises

Tue, 18 Jan 2011 19:43:26 +0530

Mumbai, January 12, 2011 - 3i Infotech, a global provider of IT solutions and one of India’s largest software product companies, announced that it has won a major contract in the Healthcare Sector from Manipal Health Enterprises Pvt. Ltd (MHEPL), to provide end-to-end IT Infrastructure Solutions. The project will be implemented in three phases over a period of 5 years

3i Infotech Launches Pre-Built Solution Accelerators for Faster Global IT Services Deployments

Mon, 8 Nov 2010 22:14:10 +0530

San Antonio, TX - November 8, 2010 - 3i Infotech, a global information technology and BPO company, today launched a suite of pre-built solution accelerators and non-linear services offerings to speed time-to-market, improve quality and reduce costs of IT projects. These accelerators incorporate pre-built functionality in frameworks and proven best practices to provide a head start for IT projects, delivering completed projects up to 30% faster than the competition.

3i Infotech made the announcement from the AFP Annual Conference at the Henry B. Gonzalez Convention Center in San Antonio, where it is exhibiting in Booth #1243.

3i Infotech Launches Global Billing and Payments Center of Excellence

Mon, 8 Nov 2010 22:13:19 +0530

San Antonio, TX - November 8, 2010 - 3i Infotech, a global information technology and business process outsourcing (BPO) company, announced today the launch of a Global Billing and Payments Center of Excellence (CoE), leveraging the company’s deep domain expertise and global resources to best serve companies interested in optimizing the entire lifecycle of their billing and remittance processes.

3i Infotech made the announcement from the AFP Annual Conference at the Henry B. Gonzalez Convention Center in San Antonio, where it is exhibiting in Booth #1243.

Al Safwa selects 3i Infotech's TRADIS ROR to trade across GCC countries

Wed, 3 Nov 2010 18:21:27 +0530

Dubai, November 3, 2010 - 3i Infotech, a global financial technology solutions and services provider, today announced that Al Safwa group has gone live with Reuters Order Routing (ROR) enhancing the brokerage system TRADIS provided by 3i Infotech to help trade across the GCC countries. Al Safwa is a Sharia compliant financial services company, established in 2006 with a capital of AED 130 million. Al Safwa provides quality financial brokerage through the Al Safwa Financial Services Company and Investment services through the Al Safwa Capital Company to customers and investors in the UAE.

3i Infotech announces half yearly results for the financial year ended FY 2011

Tue, 2 Nov 2010 21:04:49 +0530

Mumbai, November 2, 2010: 3i Infotech, a global provider of IT solutions and one of India’s largest software product companies, today announced its operating results for the half year ended and second quarter ended September 30, 2010.

3i Infotech Expands Service Offerings in North America, Consolidates Around Single Brand

Tue, 2 Nov 2010 17:46:40 +0530

Edison, NJ - November 2, 2010 - 3i Infotech, a global information technology and transaction services company, announced today that it is expanding its service offerings in North America with two distinct business units: Business Process Outsourcing (BPO) and Global Information Technology Services (GITS). Kathy Hamburger, President of 3i Infotech, North America, will also serve as head of the global BPO group. Som Sarma will continue to head the GITS group globally.

3i Infotech at the Amazon Web Services Cloud Computing Event

Tue, 26 Oct 2010 12:01:06 +0530

3i Infotech in association with Amazon Web Services (AWS) invites you to discover its "Services over Cloud" at the AWS Cloud Computing Event to be held in Bangalore on Tuesday, October 26, 2010.

3i Infotech Highlights Future Trends in Wealth Management Reporting

Tue, 5 Oct 2010 15:08:11 +0530

London - October 04, 2010 - Private wealth management firms will come under an ever increasing burden from demanding clients, and more aggressive regulators in the coming years, tightening margins and forcing a re-think of traditional servicing models. At least, these are the findings of a white paper from 3i Infotech, a global provider of IT solutions. Entitled, "Future Trends In Client Reporting For Private Wealth Managers", the report analyses the next generation of challenges that firms will have to overcome in order to retain business and compete more effectively. The report was written in conjunction with Simon Harris, Founding Partner, Investment Solutions Consultants LLP (ISC), following a 3i Infotech seminar on the subject earlier in the year. More...

3i Infotech - Framework Opens New York City Office

Wed, 22 Sep 2010 16:42:22 +0530

London, New York - September 22, 2010: 3i Infotech - Framework (Framework) is pleased to announce the opening of its offices in New York City. Framework, the software provider dedicated to the private equity community, is a subsidiary of 3i Infotech, the global provider of IT solutions. The new office is located at 500 5th Avenue and will be the base for Framework’s operations in North America. More...

3i Infotech - Framework Enhances Private Equity Management Software

Tue, 14 Sep 2010 14:55:55 +0530

London - September 14, 2010 - 3i Infotech - Framework, the leading UK provider of software solutions to the global private equity industry today announces the release of the latest version of its software, Framework 2010, following client beta testing. With private equity firms facing increasing demands from investors and regulators, including a focus on improved transparency and risk management, funds are now experiencing a greater operational burden. The enhanced Framework solution assists businesses in addressing these market requirements in a single, end-to-end solution. Moreover, the inherent flexibility of the product means that it can adapt as needs change, whether they are related to the size and type of business or legislation. More...

3i Infotech and MENTIS Software Partner to Protect Sensitive Data and Facilitate Regulatory Compliance

Tue, 14 Sep 2010 11:05:58 +0530

EDISON, NJ - September 13, 2010 - 3i Infotech, a global information technology and transaction services company, and MENTIS Software, the leading provider of Sensitive Information Management solutions for the enterprise, today announced a partnership to provide customers with integrated solutions and services that protect sensitive personal and corporate data. Along with data security, these solutions also facilitate compliance with a broad range of regulations and mandates such as payment card industry data security standards (PCI-DSS), personally identifiable information (PII) confidentiality, breach notification laws, and worldwide data privacy directives and laws.

A North American Development Organisation goes Live on Framework - Private Equity Management Software

Wed, 1 Sep 2010 14:19:57 +0530

London - September 1, 2010 - A prominent North American development organisation that provides financing, consulting services and venture capital has selected 3i Infotech - Framework, the leading UK provider of software solutions to the global private equity community, to manage its venture capital investment portfolio.

The deal provides the Canadian organisation - which focuses on providing support for small and medium sized enterprises - with a comprehensive overview of its entire investment fund. More...

3i Infotech Implements Security Information Manager for Oman Air

Tue, 24 Aug 2010 10:58:16 +0530

Oman, August 22, 2010 - Oman Air, the national carrier of the Sultanate of Oman today announced implementation of Symantec's Security Information Manager (SSIM) by global technology solutions and services provider, 3i Infotech.

This implementation by 3i Infotech of SSIM in the Sultanate of Oman, has allowed Oman Air to significantly enhance the security of its IT systems.

Founded in 1993, Oman Air is one of the fastest growing airlines in the region. Operating out of Muscat, the airline has played a major role in making Muscat an important traffic hub in the Middle East, supporting the commercial, industrial and tourism sectors. Furthermore, in March 2010, Oman Air became the first airline in the world to offer both mobile phone and Wi-Fi connectivity in-flight aboard its A330 fleet. More...

3i Infotech’s ‘Data Exchange’ enables Generali International to Xchange financial data providers

Tue, 10 Aug 2010 18:50:32 +0530

London - August 10, 2010 - 3i Infotech, a global provider of IT solutions, today announces that wealth management specialist Generali International has successfully implemented ‘Data Exchange’, enabling it to move from its incumbent supplier to a new provider of financial data.

‘Data Exchange’ is a new application that provides financial institutions with a generic mechanism by which data can be imported, translated where necessary and distributed in a controlled yet configurable way.

Generali International is using ‘Data Exchange’ for market data, more specifically to automate the process of requesting financial data, including prices, exchange rates, dividends and additional securities information from its new financial data provider. The application then feeds that information in the appropriate format into Generali International’s back office system, rhymeSIGHT. ‘Data Exchange’ also accepts corporate event data from the same provider which is sent to multiple platforms for broader use within the Generali International business. Read More...

3i Infotech successfully completes automation of business processes for Bahrain Commercial Facilities Company (BCFC)

Mon, 2 Aug 2010 16:53:27 +0530

Bahrain - August 2, 2010 - 3i Infotech a global financial technology solutions and services provider, has successfully completed automation of Bahrain Commercial Facilities Company`s (BCFC) business processes.

3i Infotech successfully deployed its comprehensive package of software systems at Bahrain Commercial, which included KASTLE Universal Lending (Loan Origination, Management and Collections), DataScan(Document Management System), BI in a Box (MIS and Dashboard), PREMIA - Insurance management system and ORION (General Ledger Accounting System). The new systems were fully designed to help BCFC manage and automate its operations, reduce operational cost, speed up work, ensure a high level of security and improved customer service. Read More...

3i Infotech Revenue grows by 6.8% to Rs. 643.37 crores (USD 140.70 Mn) and profit to Rs. 62.06 crores (USD 13.57 Mn) for the first quarter FY 2010-11

Tue, 27 Jul 2010 18:41:41 +0530

Mumbai, July 27, 2010: 3i Infotech, a global provider of IT solutions and one of India’s largest software product companies*, today announced its operating results for the first quarter ended June 30, 2010.

FINANCIAL HIGHLIGHTS

Consolidated results for the quarter ended June 30, 2010

Revenue for the quarter was Rs. 643.37 crores (USD 140.70 Mn), representing a growth of 6.8% from the corresponding quarter of the previous year. On a sequential basis, the revenue grew from Rs.632.60 crores (USD 137.41 Mn) in Q4 FY10 to Rs. 643.37 crores (USD 140.70 Mn) in the current quarter.

Profit before interest depreciation and tax (PBIDT) grew by 5.6% to Rs. 130.32 crores (USD 28.50 Mn) over the corresponding quarter of the previous year. In Q4 FY10, PBIDT was at Rs.128.17 crores (USD 27.84 Mn) Profit after tax and before minority interest stood at Rs. 62.06 crores (USD 13.57 Mn), representing a net margin of 9.6%.

Earnings per share (EPS) for the current quarter is at Rs. 3.12 against Rs. 4.36 in the same quarter of the previous year. The current quarter EPS is on the expanded capital base arising out of the equity issuances.

3i Infotech takes the Top Spot for Takaful Technology

Tue, 20 Jul 2010 13:53:36 +0530

London - July 20, 2010 - Global financial technology solutions and services provider, 3i Infotech has won the Best Takaful Technology Company award at the 4th International Takaful Summit 2010 in London. Organised by the Middle East Business Forum and Afkar Consulting, the awards honour companies and practitioners that have contributed the most to the growing Takaful market.

Winning the award for the third year in a row, the significant achievement recognizes 3i Infotech’s extensive work with Takaful companies located throughout South-East Asia, the Middle East and Africa. More...

Corporation Bank enhances online security with 3i Infotech Consumer Services Limited’s eMudhra digital signatures

Tue, 22 Jun 2010 16:41:56 +0530

Bangalore, 22 June 2010 - 3i Infotech Consumer Services Ltd. (3i Infotech CSL) today announced that Corporation Bank, a Premier Public Sector Bank with over 3500 Banking Service Outlets, has implemented its eMudhra Public Key Infrastructure (PKI) solutions to become the first ever Indian bank to implement this world class authentication security solution, provided by a licensed certifying authority under the Information Technology Act, to their corporate online banking customers. More...

3i Infotech, North America CEO Kathy Hamburger to Speak at WorldBlu Awards Ceremony for Most Democratic Workplaces

Mon, 21 Jun 2010 22:55:52 +0530

Edison, N.J. - June 21, 2010 - 3i Infotech, a global information technology and transaction services company, will be honored tomorrow along with the other members of WorldBlu’s 2010 List of Most Democratic Workplaces. Kathy Hamburger, CEO of 3i Infotech, North America, will accept the award and address the audience at the awards ceremony at the Green Valley Ranch Resort and Spa in Las Vegas, NV. More...

3i Infotech geared to revolutionize public and private sector development of Business Technologies through SOA

Wed, 16 Jun 2010 18:29:36 +0530

Doha - June 15, 2010 - Key technology and business experts from across the region addressed a one-day conference on smart IT solutions and IT spending during the IT Managers Forum at the IDC Summit held at the Al Sharq Resort and Spa, Doha, Qatar, on June 14, 2010. One of the key technologies which caught the attention of the attendees was Service Oriented Architecture SOA. 3i Infotech gave an informative presentation on how SOA helps organizations deploy their business services with agility. Read more...

3i Infotech displays Datacenter Solutions at Green DataCenter 2010

Fri, 4 Jun 2010 15:55:29 +0530

You are invited to discover the comprehensive Datacenter Services / Solutions from 3i Infotech, at the Green DataCenter 2010 conference to be held in Bangalore and Mumbai in June 2010.

Bangalore

ITC Royal Gardenia
June 10, 2010

Mumbai
Grand Hyatt
June 15, 2010

Our Datacenter Offerings on Display

- Datacenter Designing and Building
- Datacenter Co-location
- Datacenter / Disaster Recovery Hosting
- Datacenter Migration / Relocation / Upgrades
- Datacenter Support Operations

3i Infotech is a Showcase Partner at Green Datacenter 2010.

About Green DataCenter 2010

Green DataCenter 2010 will allow participants to gain a ring side view of the global trends and best practices, discuss case studies, and also showcase contemporary technologies and processes presented by global leaders - all with a focus on environment-friendly datacenters. The conference is organized by MP TFCI Events, which specializes in delivering world-class business and technology events and other structured forums across a wide spectrum of verticals, such as Information Technology, BFSI, Manufacturing, Infrastructure, Power, Utilities, Services, and Business Management.

PhilPlans selects 3i Infotech’s PREMIA #Insurance Management System

Fri, 28 May 2010 10:20:17 +0530

Makati City, May 13, 2010 - 3i Infotech, a global financial technology solutions and service provider, announced their latest win for PREMIA Insurance Solution at PhilPlans First Inc in the Philippines. PhilPlans, the market leader in the Philippines for Pre-Need life insurance products, which includes innovative life, pension, education and mortality plans, had earlier acquired the business from American International Group (AIG). The initial phase of this project will see PREMIA Insurance Solution being implemented to automate end-to-end operations for PhilPlans, which would include functions such as underwriting / policy administration, claims management, reinsurance, accounting and distribution channels.

Exchange of documents between Mr. Monico V. JacobPresident, PhilPlans (third from left), and Mr. Abhijit Banerjee Senior Vice President and Head of Insurance Practice, 3i Infotech Asia Pacific (fourth from left)

3i Infotech to exhibit Insurance Solutions at IASA 2010

Thu, 27 May 2010 16:59:56 +0530

3i Infotech showcases its comprehensive Insurance Management Solutions comprising the Integrated Insurance Management System, PREMIA, complemented by its IT and BPO services and Payment solutions, at IASA’S Annual Educational Conference and Business Show to be held at the Gaylord Texan Hotel & Convention Center, Grapevine, Texas from June 6 to 9, 2010.

Visit 3i Infotech Inc. - Booth # 715
3i Infotech North America provides end-to-end technology and business process solutions that help its clients reduce costs and achieve greater operational efficiencies. We offer automation and vendor simplification solutions for the insurance industry by leveraging our unique domain expertise, investment in intellectual property, world-class delivery infrastructure, and intelligent application of technology.

Our leading PREMIA platform addresses the multiple challenges of the insurance industry by providing an integrated solution for rating, policy issuance, billing, claims, reinsurance, reporting and financial accounting in a single, comprehensive, Web-enabled system. We also offer solutions and support for other essential business processes, such as payment outsourcing through our Regulus division and enterprise content management through our J&B Software division.

3i Infotech recognised for its superior customer service

Wed, 12 May 2010 13:36:09 +0530

London - May 12, 2010 - 3i Infotech, a global provider of IT Solutions and the leading UK supplier of asset management solutions, today announces it has won the Systems in the City Award for Superior Customer Service for the fourth consecutive year.

Ian Hallam, Chief Executive, 3i Infotech - Western Europe, comments, 'We are delighted to retain this title which we have held since 2007. A strong customer service ethic is integral to the way that 3i Infotech conducts its business and is without doubt one of the key reasons why we have such a loyal and supportive installed base of leading UK asset managers and stockbrokers. The fact that this accolade is user-nominated is all the more pleasing."

The Systems in the City Awards take place annually and recognise the exceptional achievements of individuals and technology businesses working within the financial services sector. They were presented on Thursday 6 May in front of an audience comprising Stockbrokers, Fund Managers and Investment Banks on board HQS Wellington. 3i Infotech also collected the award for Best Marketing Material.

J&B Software (A 3i Infotech Company) to Demonstrate its AP and AR Automation Solutions at FUSION 2010

Tue, 11 May 2010 11:05:09 +0530

Blue Bell, Pa. - May 7, 2010 - J&B Software, a premier provider of enterprise-wide transaction and payment solutions, will demonstrate its accounts payable (AP) and accounts receivable (AR) automation solutions in Booth #500 at FUSION 2010, TAWPI’s Annual Forum & Expo. The event will be held May 9 through 13 at the Gaylord Texan Hotel and Convention Center in Grapevine, TX. J&B’s AP and AR automation solutions deliver better control over cash flow, improve visibility into payment processes and ensure corporate and regulatory compliance. More...

3i Infotech at International Telecoms Week (ITW) 2010

Mon, 10 May 2010 12:27:26 +0530

Visit 3i Infotech at the International Telecoms Week (ITW) - Table # A368, Hall A and see how our Telecommunications practice can help you achieve your business objectives.

International Telecoms Week (ITW), the annual meeting point for the international telecoms wholesale community, will feature over 4,000 delegates from nearly 1,300 companies and from over 130 countries. The event will see large-scale participation from carriers, mobile / wireless operators, ISPs, VoIP providers and technology partners from the voice, data, satellite, sub-sea and fixed line markets. More...

Generali International Goes Live With ‘Reporting to Clients’ from 3i Infotech

Wed, 5 May 2010 16:33:19 +0530

London - May 05, 2010 - 3i Infotech, a global provider of IT solutions, today announces the successful implementation of ‘Reporting to Clients’ for wealth management specialist Generali International.

Generali International selected ‘Reporting to Clients’ to add value to its existing reporting process both in terms of enhancing the overall presentation and streamlining the previously manually-intensive operation. Already Generali International has seen the time taken for the report production process fall by two thirds.

Zagreb Stock Exchange Goes Live On 3i Infotech’s AWACS Market Surveillance System

Mon, 26 Apr 2010 13:39:44 +0530

London - April 26, 2010 - 3i Infotech, a global provider of IT solutions, today announces that the Zagreb Stock Exchange (ZSE) has successfully implemented AWACS, its automated, multi-segment market surveillance system.

3i Infotech’s Revenue at Rs. 2,468.75 crores and Profit at Rs. 265.95 crores for fiscal 2010

Fri, 23 Apr 2010 20:44:14 +0530

Mumbai, April 23, 2010 - 3i Infotech Limited, a global provider of IT solutions and one of India’s largest software product companies, today announced its operating results for the fourth quarter and financial year ended March 31, 2010.
Read More...

3i Infotech to announce its FY09-10 results on April 23, 2010

Wed, 21 Apr 2010 19:21:14 +0530

Mumbai - April 21, 2010 - 3i Infotech, one of India’s leading IT companies and among the top 3 Indian Software Products Companies*, will announce its FY09-10 results in the evening of Friday, April 23, 2010.

3i Infotech Subsidiaries, Regulus Group and J&B Software, Demonstrate How to Accelerate Cash Flow and Streamline Back-Office Infrastructure at NACHA Payments 2010

Wed, 21 Apr 2010 11:09:14 +0530

Seattle, Washington - April 20, 2010 - Regulus Group and J&B Software, subsidiaries of 3i Infotech North America, are demonstrating how to accelerate cash flow and streamline back-office processes in Booth #429 at NACHA Payments 2010. The event is being held through Wednesday at the Washington State Convention Center in Seattle. More...

3i Infotech Wins Global Recognition for Democratic Practice

Tue, 13 Apr 2010 10:47:47 +0530

Mumbai - April 13, 2010 - 3i Infotech, a global information technology company, is one of only three companies from India and 44 worldwide, (including USA, UK and India) to win the WorldBlu List of Most Democratic Workplaces 2010 Award. WorldBlu is an Austin, US based company specializing in organizational democracy and freedom-centered leadership. 3i Infotech qualified for this recognition after its employees completed a survey, evaluating the organization’s practice of ten democratic principles, such as transparency, dialogue, listening, integrity and accountability. More...

3i Infotech - Framework Prioritises Customer Experience

Tue, 6 Apr 2010 19:43:23 +0530

London - April 06, 2010 - 3i Infotech - Framework (Framework), the leading UK provider of software solutions to the global private equity community, has appointed Jeremy Ward to the position of Professional Services Director, effective immediately. More...

Jakarta Futures Exchange agrees terms with Trayport Exchange Systems and 3i Infotech for its new exchange technology

Tue, 23 Mar 2010 16:29:06 +0530

London - March 23, 2010 - Trayport Exchange Systems and 3i Infotech today announced they have agreed terms with the Jakarta Futures Exchange in Indonesia for the deployment of a new trading, surveillance and risk management system with an integrated online broker workstation. This will comprise Trayport s GlobalVision Exchange Trading SystemSM, 3i Infotech s AWACS specialist risk management and surveillance solution and 3i Infotech s Tradis Online broker workstation. Read More...

3i Infotech Factors in Future Investment and Innovation

Thu, 18 Mar 2010 14:32:23 +0530

London - March 18, 2010 - 3i Infotech, a global provider of IT solutions, today completes the latest phase of its ongoing commitment to deliver functional enhancements, upgrades and wider market innovation to its European product suite. The milestone sees 3i Infotech realise a significant investment in its KASTLE Factoring solution for the receivables finance sector which has seen a real uptick in industry demand over the past 12 months, as established businesses and institutions seek to achieve a clearer understanding of all aspects of their finances.

3i Infotech at BCR's 10thAnnual Receivables Finance International Conference and Exhibition 2010

Fri, 12 Mar 2010 18:26:54 +0530

3i Infotech will be attending and exhibiting at BCR's 10th Annual Receivables Finance International Conference and Exhibition. Following the worst recession in recent history, the factoring and asset-based finance industry is at a crossroads. Choosing the right path for development strategies is now critical and may mean the difference between immense new opportunities and failure. Read More...

3i Infotech at the Annual Factoring Conference

Thu, 11 Mar 2010 17:40:00 +0530

3i Infotech invites you to discover the premier solution for Factoring, Factor/SQL, at the 16th Annual Factoring Conference to be held at the Fairmont Scottsdale hotel, Arizona, USA, from April 14 to17, 2010. Visit the 3i Infotech Booth # 42, for an exclusive demonstration on Factor/SQL, the world s leading factoring software. At the event, we will introduce the new Asset Based Lending Module and other enhanced features of Factor/SQL. Read More....

Financial Pulse: BFSI Journal from 3i Infotech

Thu, 4 Mar 2010 15:49:46 +0530

We are happy to bring to you another edition of Financial Pulse - the Banking, Insurance and Financial Services quarterly newsletter from 3i Infotech.

Our cover story, Creating Value Through Microfinance , focuses on the trends that are fuelling the growth of this sector and evaluates the technology required to enable those trends into workable solutions. The story highlights the role that Microfinance plays in improved access and efficient provision of savings, credit and insurance facilities, in particular, to the rural masses. The story also analyzes the state and the growth of Microfinance in India.

Kaleidoscope features an article titled, Demystifying Credit Derivatives . The article discusses the rapid development of Credit Derivatives as an important feature of today s global finance.

The article, Redefining the Customer Experience in TechWatch , discusses the importance of an Enterprise Personalization Platform (EPP) in the Insurance Industry. The article explains how EPP streamlines front-end and back-end document creation processes for straight-through processing, while allowing an insurance company to leverage customer data to produce more relevant and costefficient policyholder communications across the enterprise.

This edition also carries a White Paper on Winning the Case Against Financial Fraud . Our special thanks to Mr. Vikram Sud, COO of Kotak Mahindra Bank, for sharing his views on the current state of the banking industry and how IT will help Kotak Mahindra Bank to target different sectors of the economy.

We hope you found the previous issue informative and useful. Your suggestions to further improve Financial Pulse are welcome.

Looking forward to your continued support.

6th Annual ACAMS European Anti-Money Laundering and Counter-Terrorism Financing Conference, Amsterdam

Wed, 24 Feb 2010 16:27:03 +0530

3i Infotech is exhibiting at the 6th Annual ACAMS European Anti-Money Laundering and Counter-Terrorism Conference at the Hilton Hotel, Amsterdam, The Netherlands. More...

3i Infotech enters into Joint Venture to start Shared Services Center in Nigeria

Mon, 22 Feb 2010 18:06:00 +0530

Dubai - February 22, 2010 - Global financial technology solutions and services provider, 3i Infotech today said that it has entered into a unique joint venture (JV) with three Nigeria s entities to launch a new Shared Services Center . 3i Infotech s regional operations cover the Middle East, Africa, Russia & CIS (MEARC) region. The company said that it has entered into a JV with Soft Solutions Ltd., Skye Bank and Unity Bank in Nigeria, to launch Process Central , a unique business process outsourcing (BPO) center in that country. More...

3i Infotech bolsters European management team

Wed, 17 Feb 2010 14:32:45 +0530

London - February 17, 2010 - 3i Infotech, a global provider of IT solutions, has appointed Ian Hallam as Chief Executive Officer, 3i Infotech Western Europe and bolstered its existing senior management team as the business seeks to develop its commercial footprint within continental Europe. More...

HSBC selects Reporting to Clients from 3i Infotech

Mon, 8 Feb 2010 15:05:18 +0530

February 8, 2010 - London - 3i Infotech, a global provider of IT solutions, announces that it has signed a deal with HSBC Bank Plc (HSBC), to implement Reporting to Clients for its Cash Management and Payments division. Reporting to Clients will be used in conjunction with Client Money Manager (CMM), HSBC's third party fund management system. More

FIMBank Group wins prestigious awards from Global Trade Review, powered by KASTLE Factoring

Thu, 4 Feb 2010 18:21:31 +0530

London, February 3, 2010 - FIMBank plc and London Forfaiting Company Ltd, two companies which form part of the FIMBank Group, emerged as winners in their respective categories at the Global Trade Review s (GTR) prestigious Leaders in Trade Awards. In the 2009 edition of these awards, FIMBank plc was recognised as Best Factoring House , while London Forfaiting Company Ltd was declared Best Forfaiting House for the second year running. More

3i Infotech reports third quarter results

Mon, 25 Jan 2010 09:39:24 +0530

3i Infotech's revenue grows by 8.4% to Rs. 1,836.15 crores and profit to Rs. 200.64 crores for the nine months of fiscal 2009-10. More...

3i Infotech appoints Parag Patankar as Managing Director and CEO, 3i Infotech BPO

Fri, 27 Nov 2009 11:59:25 +0530

Mumbai - November 26, 2009 - Global technology solutions and services provider, 3i Infotech, today announced the appointment of Mr. Parag Patankar as Managing Director & CEO for 3i Infotech BPO. With the consolidation of all domestic Business Process Outsourcing (BPO) businesses under 3i Infotech BPO, this leadership role is expected to provide the necessary thrust for the company in the Indian market place. More...

3i Infotech Named to 2009 FinTech 100

Fri, 20 Nov 2009 10:56:41 +0530

EDISON, N.J. - November 5, 2009 - 3i Infotech, a global information technology company, has been named to the 2009 FinTech 100, an annual international listing of the top 100 IT products and service providers to the financial services industry. At 32nd on the list, 3i Infotech is the highest-ranking new member of the FinTech 100. More...

3i Infotech launches eMudhra SecMsg - India s first PKI based secure SMS service

Fri, 30 Oct 2009 13:34:04 +0530

Mumbai - October 28, 2009 - 3i Infotech Consumer Services Ltd., a wholly owned subsidiary of the global IT company 3i Infotech Ltd., today announced the launch of eMudhra SecMsg, a revolutionary mobile solution designed to secure the SMS channel of communication, and thereby taking mobile messaging beyond basics. More...

3i Infotech is a Platinum Sponsor at the Business Technology Summit

Wed, 28 Oct 2009 09:42:12 +0530

3i Infotech is a Platinum Sponsor at the Business Technology Summit, one of the biggest technology conventions in India, scheduled to be held in Bangalore on November 3 and 4, 2009; and Mumbai on November 6, 2009. More...

3i Infotech records revenue of Rs. 1,234.29 crores and net profit of Rs. 147.99 crores in first half of fiscal 2010

Fri, 23 Oct 2009 20:10:47 +0530

Mumbai, October 23, 2009 - 3i Infotech, a global provider of IT solutions and one of India s leading IT companies and among the top 3 Indian software product companies*, today announced its operating results for the period ended September 30, 2009. More...

3i Infotech appoints Som Sarma as global IT services head

Tue, 6 Oct 2009 17:53:17 +0530

Mumbai - October 5, 2009 - Global technology solutions and services provider, 3i Infotech, today announced the appointment of Mr. Som Sarma as the Global IT Services Head. He will be based in London and will be responsible for expanding the global services business portfolio at 3i Infotech. More...

Whitepaper: Globalisation versus Localisation versus Centralisation, 3i Infotech white paper discusses how to meet the challenge of cross border reporting

Tue, 29 Sep 2009 11:39:41 +0530

London - September 28, 2009 - 3i Infotech Western Europe, a global provider of IT solutions, today publishes its latest client reporting white paper. Entitled, Client Reporting: Globalisation versus Localisation versus Centralisation , the report discusses the considerations for multi-national organisations in delivering meaningful client reporting information when faced with national and cultural boundaries, and argues that although this may be complex, it is still achievable. More...

3i Infotech signs Zagreb Stock Exchange as first European client for AWACS market surveillance system

Mon, 21 Sep 2009 13:59:06 +0530

London - September 21, 2009 - 3i Infotech, a global provider of IT solutions, today announces that the Zagreb Stock Exchange (ZSE) has become the first European bourse to license its automated, multi-segment market surveillance system, AWACS. More...

Financial Pulse: BFSI Journal from 3i Infotech

Thu, 17 Sep 2009 15:10:48 +0530

We appreciate the patronage extended by our readers to Financial Pulse Magazine. Financial Pulse is a comprehensive communiqu , designed to keep you updated about the latest industry trends and their analysis.
Our cover story, Creating value through Business Process Outsourcing - A case for the Banking Industry , focuses on the increasing adoption of the BPO services in the financial services industry. The story explores how financial service organizations are turning to outsourcing to gain immediate cost-efficiencies, as well as to achieve more strategic and transformational business objectives.The article titled, Changing Business Model for the Insurance Industry - Handling the Crisis in Kaleidoscope focuses on the insurance sector. The article discusses the current financial crisis from the perspective of the insurance industry. It also explains how the insurance industry is searching for ways to maintain adequate capital, manage risks, retain business and contain costs in a very challenging market.
Transaction Analytics Drive Profitable Customer Decisions - A Case for Retail Banking in Tech Focus , discusses how organizations have begun to embrace the use of transaction data as a time-series trigger mechanism. It explores the leading technologies used to extract real value from transaction data patterns. Most importantly, the article demonstrates that providing credit grantors with analytics, results in improved predictive accuracy and cross-selling effectiveness.
The edition also carries a White Paper on The Customer-Centric Bank - Reality Check. Our special thanks to Shri S. G. Kutte, Managing Director & CEO, The Ratnakar Bank Limited, for sharing his views on the current state of the banking industry, and the future growth plans of The Ratnakar Bank.

Saudi Wealth Management firm SEDCO selects 3i Infotech s Wealth Management Solutions Suite

Thu, 3 Sep 2009 12:44:54 +0530

Jeddah - September 2, 2009 - Saudi Economic and Development Company (SEDCO), one of the leading Sharia-compliant private wealth management companies in the Kingdom of Saudi Arabia (KSA), today announced the selection of 3i Infotech s C-matis solution. The revolutionary C-matis is a complete wealth management solutions suite that helps investment firms streamline their wealth, asset and fund management operation. More...

3i Infotech awarded the Best Takaful Technology Company at International Takaful Awards 2009, London

Mon, 10 Aug 2009 18:53:18 +0530

UAE - August 10, 2009 - Global financial technology solutions and services provider, 3i Infotech was presented with the Best Takaful Technology Company award at the recently held 3rd Annual Takaful Summit 2009 in London, organized by the Middle East Business Forum and Afkar Consulting. More...

3i Infotech reports first quarter results

Tue, 28 Jul 2009 18:41:53 +0530

Mumbai - July 28, 2009 - 3i Infotech, a global provider of IT solutions and one of India s largest software product companies, today announced its operating results for the first quarter ended June 30, 2009. More...

Saudi gold titan taps 3i Infotech solution to achieve business excellence

Mon, 27 Jul 2009 13:28:31 +0530

Dammam, Saudi Arabia - July 20, 2009 - Ghassan Holding Group (GHG), one of the largest business conglomerates in the Kingdom of Saudi Arabia (KSA), today announced the selection of the ORION ERP II software solution from the global technology solutions and services provider, 3i Infotech. More...

3i Infotech Annual Report 2008-09

Fri, 24 Jul 2009 14:28:46 +0530

3i Infotech Annual Report 2008-09. To view the Annual Report Click here...

Generali International selects Reporting to Clients from 3i Infotech

Mon, 20 Jul 2009 14:37:55 +0530

London - July 20, 2009 - 3i Infotech, a global provider of IT solutions, today announces that Generali International, a specialist in providing wealth management products, has become the latest organisation to license its Reporting to Clients solution. More...

BPO Services from 3i Infotech

Mon, 13 Jul 2009 12:38:27 +0530

3i Infotech provides end-to-end BPO Services for Banking, Financial Services and Insurance (BFSI) and Telecom industries. We take pride in having worked with leading organizations in the Banking, Financial Services, Insurance and Telecom industries, which has helped us establish BPO competencies and domain expertise in these industries. More...

Fraud Detection and Management System from 3i Infotech

Thu, 9 Jul 2009 12:30:35 +0530

KASTLE Fraud Detection and Management is a comprehensive solution for organizations to mitigate risks from frauds concerning identity, customer, loan, merchant and employee across the enterprise or individual segments. The solution enables financial institutions to proactively detect and prevent fraud through powerful customizable tools, to analyze and investigate data, and derive actionable intelligence.

KASTLE Fraud Detection and Management enables banks and financial institutions to conduct pre-transaction checks, limit exposures and facilitate post transaction verification and analysis.More...

3i Infotech forays into Media and Broadcasting Industry in India

Tue, 16 Jun 2009 18:29:25 +0530

Mumbai - June 15, 2009 -3i Infotech, a global Information Technology company, today announced its entry into the Media and Broadcasting Industry as a System Integrator. 3i Infotech will offer a unique value proposition to media and broadcasting companies, with best-of-the-breed products from leading global Media and Broadcast solution vendors, complemented with its expertise in System Integration and Project Management Services, thereby providing the entire range of offerings to the industry. More...

3i Infotech North America Highlights Insurance Expertise at IASA

Tue, 16 Jun 2009 18:27:55 +0530

Orlando, Fla. - June 8, 2009 - 3i Infotech, a global Information Technology (IT) company, today announced a broad suite of BPO services designed specifically for the insurance industry and tailored to complement its proven PREMIA software platform, which is used by dozens of leading insurance companies throughout North America. More...

3i Infotech to set up BPO subsidiary

Fri, 5 Jun 2009 13:35:05 +0530

Mumbai - June 5, 2009 - 3i Infotech Limited, a global provider of IT solutions and one of India s largest software products companies, today announced that all its Business Process Outsourcing (BPO) businesses would be managed through 3i Infotech s wholly owned BPO subsidiary. More...

Financial Pulse: BFSI Journal from 3i Infotech

Wed, 3 Jun 2009 14:56:28 +0530

This edition of Financial Pulse features informative articles on The Changing Face of Retail Banking In 2009 , and Lessons Learnt From the Current Financial Turmoil . It covers a comprehensive perspective of how to Secure Online Transactions with Digital Signatures . Don t forget to check out the Interview featuring Mr. Ramnath Pradeep, Executive Director - Central Bank of India sharing the plans and growth opportunities of the bank. It also gives you a practical overview of Microinsurance, and the trends and role of technology in micro insurance . More

Framework Bolsters Sales Team With New Hire

Wed, 20 May 2009 16:05:22 +0530

London - May 18, 2009 - 3i Infotech - Framework (Framework), a premier provider of software and solutions to the private equity and investor community, announces the appointment of Andrew Stewart as Regional Sales Manager for Europe, effective immediately. More

3i Infotech to exhibit Insurance Solutions at IASA 2009

Tue, 12 May 2009 10:05:41 +0530

3i Infotech showcases its comprehensive Insurance Management Solutions comprising the Integrated Insurance Management System, PREMIA, and its proven IT and BPO services, at IASA s 81st Annual Educational Conference and Business Show to be held at the Gaylord Palms Resort and Convention Center, Orlando, Florida, from June 7 to 10, 2009. More...

Client Reporting Vital to Retaining Business in the Recession

Mon, 11 May 2009 15:11:08 +0530

London - May 11, 2009 - 3i Infotech - Western Europe, a global provider of IT solutions, today publishes the findings of its latest client reporting white paper. Entitled, 'Client Reporting Teams - The Unsung Heroes of the Investment Management World', the report demonstrates the importance of the work client reporting teams in meeting the exacting demands of clients, and showcasing the work of the business. More...

3i Infotech to exhibit Insurance Solutions at PIAA 2009

Fri, 8 May 2009 14:33:35 +0530

3i Infotech showcases its comprehensive Insurance Management Solutions comprising the Integrated Insurance Management System, PREMIA, and its proven IT and BPO Services, at PIAA's 32nd Annual Meeting to be held at Hilton Waikoloa Village, Waikoloa (Kona Coast), Hawaii, from May 13 to 16, 2009. More...

3i Infotech Enters Agreement to Acquire J.P. Morgan Treasury Services National Retail Lockbox Business

Tue, 28 Apr 2009 18:10:40 +0530

Mumbai, India / Naperville, IL April 27, 2009 - 3i Infotech, a global provider of IT solutions, today announced that it has entered into an agreement to acquire J.P. Morgan Treasury Services national retail lockbox business (NRLB). 3i Infotech s subsidiary, Regulus Group, is currently the largest outsourced remittance processing provider in the US, and this acquisition will further strengthen that position. More...

3i Infotech s Revenue grows to Rs. 2,304.70 crores and PAT to Rs. 292.38 crores for fiscal 2009

Mon, 27 Apr 2009 18:18:59 +0530

Mumbai, April 24, 2009 - 3i Infotech Limited, a global provider of IT solutions and one of India s largest software product companies, today announced its operating results for the fourth quarter and financial year ended March 31, 2009. More...

Emax selects 3i Infotech's ORION Enterprise Solution

Mon, 27 Apr 2009 18:17:45 +0530

UAE - April 25, 2009 - Emax, the fastest growing electronics retail chain in the Middle East, today announced the selection of ORION Enterprise solution from global technology solutions and services provider, 3i Infotech. More

Rhyme Systems retains customer service crown for three years on the trot

Mon, 27 Apr 2009 14:16:41 +0530

London - 27 April, 2009 - Rhyme Systems, a division of 3i Infotech - Western Europe and a leading provider of asset management solutions, today announces it has won two Systems in the City Awards, for Superior Customer Service and the Highest Rated CEO. Recognising the exceptional achievements of individuals and technology businesses working within the financial services sector, the user nominated award wins underline the importance of ensuring total transparency and accountability within the markets.More

Consumer engagement holds key to future success in private medical health insurance, says 3i Infotech

Mon, 20 Apr 2009 18:09:23 +0530

London - April 20, 2009 - Consumer engagement remains critical to ongoing commercial success within the private medical healthcare insurance markets and innovative insurers and brokers that embrace Web 2.0 will quickly outpace traditional market incumbents, in the battle to attract Generation Y . This was the conclusion reached by PREMIA Collaborator delegates at a recent conference hosted by 3i Infotech, a global provider of IT solutions. More...

Visit 3i Infotech at BroadcastAsia 2009, Singapore

Wed, 15 Apr 2009 10:09:29 +0530

Experience 3i Infotech s comprehensive range of Broadcast Solutions and Consultancy Services at the BroadcastAsia 2009 exhibition and conference, to be held at Singapore Expo, 1 Expo Drive, Singapore, from June 16 to 19, 2009. More...

3i Infotech to showcase Factor/SQL at the Annual Factoring Conference, Florida

Wed, 8 Apr 2009 17:40:36 +0530

3i Infotech to showcase Factor/SQL, at the 15th Annual Factoring Conference (Booth # 601), to be held from April 22- 25, 2009, at the JW Marriott Grande Lakes in Orlando, Florida, USA. More...

3i Infotech taps into Greek market and partners with IntelliSolutions

Mon, 6 Apr 2009 13:39:11 +0530

Athens - April 6, 2009 - 3i Infotech, a global provider of IT solutions, has enhanced its presence within the European market by announcing a strategic partnership with IntelliSolutions, a Greek software and business services consultancy. The partnership underlines 3i Infotech s commitment to the Greek financial sector and provides regional banks and leading financial institutions with the ability to develop their core banking and universal lending propositions. More...

3i Infotech Consumer Services and Karvy Data Management Services partner to promote eMudhra Digital Signature Certificates

Thu, 2 Apr 2009 18:14:24 +0530

Mumbai - April 02, 2009 - 3i Infotech Consumer Services Ltd., today announced its strategic alliance with the Karvy Group, a leading financial services provider, to extend the reach of eMudhra Digital Signature Certificates to the Indian consumers. More...

3i Infotech expands in the Middle East, launches office in Riyadh

Tue, 24 Mar 2009 17:03:49 +0530

Jeddah - March 24, 2009 - Global technology solutions and services provider, 3i Infotech, said that it has successfully launched its office in Riyadh, the capital of the Kingdom of Saudi Arabia (KSA).

3i Infotech offers a unique Combo offer to drive Secured and Paperless transactions

Mon, 23 Mar 2009 15:58:51 +0530

Mumbai - March 23, 2009 - 3i Infotech, a global Information Technology company, launched an Introductory Combo Offer of one-year subscription to Taxsmile, their online Income Tax filing service along with 2 years subscription to eMudhra Digital Signature. More...

3i Infotech goes for expansion in the Middle East, launches Bahrain office

Thu, 19 Mar 2009 14:56:42 +0530

Manama - March 18, 2009 - Global technology solutions and services provider, 3i Infotech, today announced its expansion in the Middle East by launching its Bahrain office. 3i Infotech made this announcement at a press conference in Manama, Bahrain, with the blessings of His Excellency Dr. George Joseph, Ambassador of India to the Kingdom of Bahrain, who graced the occasion.

State Bank of India implements 3i Infotech's Anti Money Laundering Solution

Tue, 17 Mar 2009 16:29:23 +0530

Mumbai - March 17, 2009 - In order to comply with the regulatory requirements as laid down by the Reserve Bank of India and Financial Intelligence Unit of India, State Bank of India (SBI) has implemented AMLOCK, the Anti Money Laundering Solution from 3i Infotech, across its group.

Collins Stewart Wealth Management Licenses Reporting to Clients from 3i Infotech

Tue, 10 Mar 2009 14:41:12 +0530

London - March 10, 2009 - 3i Infotech, a global provider of IT solutions, today announces that Collins Stewart Wealth Management, a leading portfolio manager and stockbroker, has licensed its Reporting to Clients solution. The implementation of Reporting to Clients will provide Collins Stewart Wealth Management with a greater level of control over its reporting process and will transform what was previously a heavily manual process into a sophisticated and efficient automated operation.

3i Infotech releases Reporting to Clients 2.0

Mon, 2 Mar 2009 14:30:50 +0530

London - March 2, 2009 - 3i Infotech - Western Europe, a global provider of IT solutions, today announces the release of Reporting to Clients 2.0 - an enhanced version of its client reporting solution that covers the whole gamut of requirements from institutional and private client to retail and internal reporting.

Friends Provident goes live with rhymeSIGHT BondPRO

Thu, 26 Feb 2009 14:04:25 +0530

London - February 25, 2009 - Rhyme Systems, a division of 3i Infotech - Western Europe and a leading provider of asset management solutions, today announces the successful implementation of Friends Provident International on rhymeSIGHT BondPRO, the bond administration and portfolio solution.

3i Infotech's PREMIA Lite goes live at Titan Property and Casualty

Fri, 9 Jan 2009 09:46:37 +0530

EDISON, N.J. - January 08, 2009 - 3i Infotech, a global Information Technology (IT) company, today announced that PREMIA Lite, its Comprehensive Insurance Management System, has gone live at Titan Property and Casualty Insurance Company within six months of the project sign off. More...

3i Infotech announces Strategic Alliances to empower rural India

Wed, 7 Jan 2009 18:15:08 +0530

Mumbai - January 07, 2009 - 3i Infotech, a global information technology company, today announced strategic partnerships with ICICI Lombard, Airtel and Max New York Life to offer a comprehensive range of services to rural consumers under the I-SERV brand. This announcement follows 3i Infotech s commitment to constructively harness the rural consumption through its recently launched I-SERV initiative. Through I-SERV, consumers especially in remote rural areas, will get an access to a range of value-added services that will improve their quality of life. More...

3i Infotech empowers Rural India through I-SERV

Wed, 10 Dec 2008 15:07:44 +0530

Delhi, December 10, 2008 - 3i Infotech, a global information technology company, today announced the launch of I-SERV, a brand for its retail services. Under the I-SERV brand a comprehensive range of value added services will be provided to consumers, specifically to those in the remote rural areas, thereby empowering them to carry out various day to day activities and thereby improving quality of life. 3i Infotech will deploy technical infrastructure and manpower support to deliver these services related to Banking, Insurance, Mobile, Education, Ticketing, and Utilities. More...

eMudhra Digital Signature Certificates from 3i Infotech Consumer Services Ltd (subsidiary of 3i Infotech)

Wed, 26 Nov 2008 11:24:30 +0530

3i Infotech Consumer Services Ltd, a wholly owned subsidiary of 3i Infotech, has launched the eMudhra service, which offers a variety of digital certificate solutions to individuals and organizations.

eMudhra offers digital certificates that will allow individuals and organizations to digitally sign e-mails and documents, encrypt e-mails and messages, and electronically authenticate their identity to Web servers. More...

Locuz, a 3i Infotech group company, achieves Silver Partnership from Cisco

Thu, 20 Nov 2008 17:06:45 +0530

Mumbai and Hyderabad - November 20, 2008 - Locuz Enterprise Solutions announced today it has achieved Silver Certification from Cisco . To earn Silver Certification, Locuz had to meet rigorous standards for networking competency, service, support and customer satisfaction set forth by Cisco.

"Cisco is strategic to our business and over the last few years we have been growing our business significantly, especially in the area of Data Center and Unified Communications. The Cisco Silver Certification is a demonstration of our continued commitment to this relationship," said Mr. Vijay Wadhi, Managing Director, Locuz Enterprise Solutions Limited. More...

Bank of Scotland Investment Services goes Live with rhymeSIGHT Reporting to Clients

Tue, 18 Nov 2008 15:05:10 +0530

London - November 18 , 2008 - Rhyme Systems, a division of 3i Infotech - Western Europe and a leading provider of asset management solutions, today announces that Bank of Scotland Investment Services (BOSIS), a part of the HBOS Group, has implemented rhymeSIGHT Reporting to Clients.

Developed to combat the increasing complexities associated with client reporting and to address requirements outside of traditional reporting solutions, the standalone solution provides complete automation of the production process. rhymeSIGHT Reporting to Clients will provide BOSIS with the ability to manage and represent multiple data sources in a single, high quality customer report. More...

3i Infotech Revolutionizes Online Transactions with eMudhra

Thu, 13 Nov 2008 17:43:54 +0530

Mumbai - November 13, 2008 - 3i Infotech, a global Information Technology company, today announced the launch of eMudhra, an initiative to roll out digital signatures. With eMudhra, 3i Infotech will transform the way various transactions are conducted in India and empower Indian consumers to use technology beyond basic services.

eMudhra would be offered through 3i Infotech Consumer Services Ltd., a wholly owned subsidiary of 3i Infotech. 3i Infotech Consumer Services Ltd. has been granted license by the Controller of Certifying Authorities, Department of Information Technology in the Ministry of Communications and Information Technology, Government of India, for offering digital signatures to retail consumers. More...

3i Infotech s revenue grows to Rs. 1078.49 crores and net profit to Rs. 130.04 crores in first half of fiscal 2009

Thu, 23 Oct 2008 13:10:29 +0530

Mumbai - October 22, 2008 - 3i Infotech, a global provider of IT solutions and one of India s largest software product companies, today announced its operating results for the period ended September 30, 2008. More...

3i Infotech reports robust first quarter results - Revenue grows to Rs. 471.62 crores and profit to Rs. 58.10 crores for the first quarter of FY2008-09

Fri, 25 Jul 2008 16:56:55 +0530

Mumbai - July 25, 2008 - 3i Infotech(www.3i-infotech.com), a global provider of IT solutions and one of India's largest and fastest growing software products companies, today announced its operating results for the quarter ended June 30, 2008.

FINANCIAL HIGHLIGHTS
The operations for the quarter include one month s revenues and profits from Regulus, the largest US acquisition by the Company (recently completed).

Consolidated results for the quarter ended June 30, 2008:
* Revenue for the quarter was Rs. 471.62 crores, a growth of 78.5% over the corresponding quarter of the previous year and a sequential growth of 34% over the previous quarter. This growth consisted of 32.9% of organic growth and 45.6% of inorganic growth on a year on year basis and 14.1% of organic growth and 19.9% of inorganic growth, on a sequential basis.
* Profit before depreciation, interest and tax for the quarter was Rs. 94.29 crores, a growth of 60.9% over the corresponding quarter of the previous year.
* Profit after tax for the quarter was Rs. 58.10 crores, a growth of 44.1% over the corresponding quarter of the previous year.
* Earnings per share (EPS) increased to Rs. 4.35 from Rs. 3.20 in the same quarter of the previous year.
* The Company has amended its segment reporting to separately report the revenues and profits from Transaction Services business, which now constitutes around 22% of the total revenues of the Company.
* Apart from this, the Company continues to maintain a healthy mix of 1:1 between software products and IT services.

Commenting on the results, Mr. V. Srinivasan, Managing Director and CEO, 3i Infotech Limited, said, "Our first quarter results marks the beginning of yet another strong financial year for us. Our strong order book position and a healthy pipeline give us the confidence of being able to achieve the targets we have set for ourselves for the year ahead. As stated in the past, our business model, diversified over geographies and segments, is able to deliver good growth, despite economic factors such as general business slowdown and currency fluctuations."

Read More...

3i Infotech implements Anti Money Laundering Solution for Bank of India

Mon, 21 Jul 2008 18:43:10 +0530

Mumbai - July 21, 2008 - 3i Infotech, a global provider of IT solutions and the fourth largest Indian Software Products company, today announced that Bank of India, one of India's Premier Leading Public Sector Banks, with a large Overseas Branch Network, has signed an agreement to implement AMLOCK, 3i Infotech s award winning Anti Money Laundering (AML) software. As part of this agreement, 3i Infotech will undertake complete system integration, from procurement and installation of hardware including Storage, Database, Middleware, and Report Writer. Read More...

3i Infotech strengthens its commitment to Europe with new regional headquarters

Mon, 21 Jul 2008 18:41:27 +0530

London - July 21, 2008 - 3i Infotech, a global provider of IT solutions, today announces the move of its European headquarters to 25 Canada Square, Canary Wharf. The move reflects the increasing ambitions of the company, as it develops its international footprint and seeks to meet the needs of its increasingly diverse blue chip customer base. Read More...

FinEdge: BFSI Journal from 3i Infotech

Tue, 8 Jul 2008 09:56:41 +0530

FinEdge(June 2008): The cover story in this issue highlights the growing popularity of Islamic Mortgages particularly in the Gulf markets. Through this article, we highlight the growing popularity of Shari ah compliant mortgages with a special emphasis on the growth of Islamic Mortgages in Malaysia and the GCC. We also present the highlights of a panel discussion on outsourcing IT operations at the IMG roundtable in Bahrain which was organized by 3i Infotech. In our section on Technology, we take a look at the role of SaaS in Insurance which is emerging as a viable option for Insurance companies to succeed in a rapidly evolving business climate. In our Country Focus section, we have focused on the Banking and Financial Services sector in United Arab Emirates (UAE). We analyze the business, financial, as well as regulatory environment in the UAE. To conclude the issue, we bring you a thought paper on building an effective anti-money laundering program in financial institutions.

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Rhyme wins Superior Customer Service Award for 2nd Consecutive Year

Fri, 6 Jun 2008 17:44:17 +0530

London - May 6, 2008 - Rhyme Systems, a 3i Infotech company and a leading provider of asset management solutions, today announces it has won the Systems in the City Award for Superior Customer Service. Recognising the exceptional achievements of individuals and businesses in the financial services sector, the user nominated accolade underlines the increasing industry importance placed on developing and maintaining client relationships. Read More...

New recruit for Rhyme Systems' rhymeSIGHT

Thu, 15 May 2008 15:59:13 +0530

London - May 15, 2008 - Rhyme Systems, a 3i Infotech company and a leading provider of asset management solutions, today announces the appointment of Paul Tavares to the account management team for its integrated investment management platform rhymeSIGHT. Read More

3i Infotech Acquires Strategic Stake in IT System Integrator Specialist Locuz

Fri, 9 May 2008 14:25:53 +0530

Mumbai - May 8, 2008: 3i Infotech, a global Information Technology company, today announced that it has taken a strategic stake in Hyderabad based Locuz Enterprise Solutions (Locuz), a leading System Integrator and IT infrastructure solutions and services specialist. Read More...

3i Infotech signs agreement to acquire Regulus Group, USA and its subsidiaries

Tue, 29 Apr 2008 15:11:37 +0530

Mumbai - Tuesday - April 29, 2008 - 3i Infotech, a global information technology company, today announced it has signed an agreement to acquire Regulus Group LLC (Regulus). Regulus is the largest independent remittance provider and one of the leading providers of document (bills) processing services in the U.S. - addressing the full document lifecycle from print and electronic bill presentment to remittance. Under the terms of agreement, 3i Infotech has proposed to acquire 100% of Regulus, including the company s products, trademarks and product brands. Read More...

3i Infotech s Revenue grows to Rs. 1224 crores in fiscal 2008. A growth of 82.4% over previous years revenue. Records a Profit after tax of Rs. 183 crores.

Mon, 28 Apr 2008 10:29:38 +0530

Mumbai - April 25, 2008: 3i Infotech, a global provider of IT solutions and one of India s largest and the fastest growing software product companies, today announced its operating results for the quarter and year ended March 2008. Read More...

3i Infotech strengthens European Banking and Insurance team

Tue, 22 Apr 2008 13:54:12 +0530

London, 22 April 2008 - 3i Infotech, a global provider of IT solutions, today announces the appointment of Mick Newman to Head of Operations for Banking and Insurance in Europe. With a keen focus on customer service, the appointment reinforces 3i Infotech's commitment to delivering large-scale, complex IT projects to the international financial services and insurance community. Read More...

3i Infotech awarded STQCs Capability Approval Certification

Fri, 11 Apr 2008 17:38:32 +0530

Mumbai, April 9, 2008 - 3i Infotech, a global provider of IT solutions and the fourth largest Indian Software Product company, has been awarded a "Capability Approval Certificate" by the STQC (Standardisation, Testing and Quality Certification) Directorate, Department of Information Technology (DIT), Government of India. This certification is the first of its kind, among IT companies doing work in e-governance in India. Read More

Rhyme Systems boosts delivery management team with new appointment

Fri, 11 Apr 2008 13:37:35 +0530

London - April 10 , 2008 - Rhyme Systems, a 3i Infotech company and a leading provider of asset management solutions, today announces the appointment of Elspeth Goodchild as Delivery Manager. Elspeth joins a growing delivery management team that focuses exclusively on overseeing new customer implementations and large-scale project initiatives. The appointment demonstrates an increased industry interest in effective project facilitation and highlights Rhyme Systems commitment to provide long-term, cost effective customer service. Read More

Rhyme Systems launches hosted model for rhymeSIGHT Reporting to Clients

Wed, 5 Mar 2008 15:41:00 +0530

London - March 5, 2008 - Rhyme Systems, a 3i Infotech company and a leading provider of asset management solutions, today launches a hosted model for rhymeSIGHT Reporting to Clients, its standalone next generation client reporting solution.

Developed to combat the increasing complexities associated with client reporting, rhymeSIGHT Reporting to Clients generates additional efficiencies for users and provides senior management with greater control, accuracy and visibility throughout the entire report production process.

As part of the service, Rhyme Systems will provide comprehensive maintenance, support and software upgrades to its users. This will enable businesses to outsource the production of client reports while providing them with a bespoke service that meets their changing commercial requirements. Read More...

Union Bank of India partners with 3i Infotech to implement Anti Money Laundering initiative

Thu, 28 Feb 2008 19:37:57 +0530

Mumbai - February 27, 2008 - 3i Infotech, a global provider of IT solutions and the fourth largest Indian Software Products company, today announced that Union Bank of India (UBI), one of India's largest state-run banks, has signed an agreement to implement AMLOCK, the company s award winning Anti Money Laundering (AML) software at Union Bank of India. Read More...