El Safwa » 3i Infotech

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

admin — Wed, 01 Sep 2010 14:09:38 +0000

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…

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3i Infotech Implements Security Information Manager for Oman Air

admin — Tue, 24 Aug 2010 07:08:00 +0000

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…

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

admin — Tue, 10 Aug 2010 14:08:25 +0000

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…

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

admin — Mon, 02 Aug 2010 12:08:23 +0000

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…

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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

admin — Tue, 27 Jul 2010 12:07:10 +0000

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.

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3i Infotech takes the Top Spot for Takaful Technology

admin — Tue, 20 Jul 2010 08:07:40 +0000

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 recognizes3i Infotech’s extensive work with Takaful companies located throughout South-East Asia, the Middle East and Africa. More…

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

admin — Tue, 22 Jun 2010 12:06:23 +0000

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…

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

admin — Mon, 21 Jun 2010 22:06:06 +0000

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…

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

admin — Thu, 17 Jun 2010 06:06:49 +0000

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…

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3i Infotech displays Datacenter Solutions at Green DataCenter 2010

admin — Fri, 04 Jun 2010 16:06:54 +0000

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.

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