NetSol Technologies announces two UK financial institutions go live with Flex

NETSOL Technologies announced that Bibby Financial Services, a UK-based multinational financial services provider supporting more than 8,500 small and medium-sized enterprises across more than 300 industry sectors, and United Trust Bank, a specialist bank that provides a wide range of secured funding facilities to SMEs, property developers and consumers, have subscribed and subsequently gone live with Flex – NETSOL’s instant API and cloud-based calculation engine. Additionally, UTB has subscribed to Dock – a cloud-based parameter storage that smoothly runs all a financial institution’s core lending operations. Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL, commented, “We’re pleased to be partnering with these two UK-based financial institutions and provide them with API-based solutions to maximize efficiencies across their business. NETSOL is a pioneer in the establishment of the Appex Now marketplace, and the growing number of registrations and subsequent deployments for Flex, our initial marketplace offering, demonstrates efficiency of our instant cloud-based calculation engine. We look forward to working with Bibby Financial Services and UTB, and entering additional partnerships as more institutions see the value of our Appex Now offerings.”