India's i-flex solutions ltd said on Wednesday that HypoVereinsbank Group, Germany's second largest bank, has selected its banking software package Flexcube for installation in 50 units.
It did not indicate the size of the order. A spokesman said the order will be completed in about five years.
i-flex solutions specialises in banking automation software products and Flexcube is its flagship product, already installed by more than 130 customers worldwide.