CIO CHOICE 2014 Awards Recognizes InfrasoftTech for its Outstanding Performance in Hosted Core Banking Solution on Private Cloud

Mumbai, 16 January, 2014: InfrasoftTech, a market leader with more than 130 Core Banking sites globally, today announced that it has been honoured with the CIO Choice 2014 honour and recognition in the Large Enterprises Vendors Category for their Hosted Core Banking Solutions. Hanuman Tripathi, Founder & Group Managing Director of InfrasoftTech received the recognition today at a glittering ceremony in Mumbai amidst 300+ CIOs from India.

Speaking on the occasion, Mr. Tripathi said, “Recognition of such a stature is an assurance that we are heading the right way. InfrasoftTech OMNIEnterprise™ hosted Core Banking Solutions serves the larger objective of providing world-class technologies to small banks without the associated hassles of CAPEX, Infrastructure & IT Manpower. We believe that they are contributing to the national mission of Financial Inclusion with our hosted core banking solution, which would help large numbers of financial enterprises to integrate with the National Payments Network and also comply with Reserve Bank of India risk management and reporting needs”.

“CIO Choice trust seal is a validation from CIO community trust in the recognized brand. By being voted by CIOs, InfrasoftTech has proven their expertise in specific technology areas, places them among the top percentile of enterprise ICT vendors in India” said Anoop Mathur, President at Centre of Recognition & Excellence.

About Infrasoft Technologies Limited: http://www.infrasoftech.com

InfrasoftTech is a specialist software products, solutions and services provider with a focus on global banking and financial services industry. For over 18 years, InfrasoftTech has been bringing about transformational change in the business models and growth of the enterprises it serves. InfrasoftTech’s OMNIEnterprise™ suite of solutions includes ‐ Core Banking Solution, Anti Money Laundering & Financial Crime Surveillance Solution, Microfinance Solution and Islamic Banking & Finance Solution.  InfrasoftTech is a market leader with more than 130 Core Banking installations across more than 3000 sites, with its universal banking solution. Every day, the company creates positive impact on the businesses of over 300 financial services institutions, globally. Infrasoft has broad market coverage in Europe and the Middle East, Central America, Central Asia, the Middle East, Africa, India and South Asia.