Multiple choice general knowledge sports

The software company I-flex Solutions was originally a division of which famous financial services company?

  1. Citicorp

  2. ICICI

  3. HSBC

  4. ABN Amro Bank

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

I-flex Solutions was founded as a division of Citicorp in 1990 before being spun off. The company specialized in banking software and was later acquired by Oracle in 2005. ICICI, HSBC, and ABN Amro were all financial services companies but not the parent of I-flex.

AI explanation

I-flex Solutions, the company behind the banking software Flexcube, began as a technology division of Citicorp (Citigroup) before being spun off as an independent company. Citigroup retained a majority stake for years before eventually selling it to Oracle, which later renamed the company Oracle Financial Services Software. ICICI, HSBC, and ABN Amro were not its parent organization.