NETSOL Launches Flex: A Cloud-Based Calculation Engine for Businesses
NETSOL Technologies (Nasdaq: NTWK), a global provider of IT solutions and enterprise applications, has announced the launch of Flex, a ready-to-use API-based calculation engine. Flex guarantees accurate calculations throughout the entire contract lifecycle, covering various calculation types.
Designed for flexibility, Flex can handle a wide range of calculations, including initial customer pricing, in-life financial adjustments, repayment plan generation, terminations, amortizations/re-amortizations, and more.
“We are thrilled to launch Flex across all our regions,” said Najeeb Ghauri, Founder and CEO of NETSOL Technologies.”Introduced under the Appex marketplace umbrella, Flex represents the first of many products and services to come.”
“Flex is essentially an instant, cloud-based solution that seamlessly integrates into a client’s existing ecosystem,” explained Kamran Khalid, Chief Product Officer at NETSOL Technologies. “Utilizing parameter-driven calculations, Flex caters to both basic and complex calculations, adapting to each client’s specific needs.”
Beyond the global finance and leasing industry, Flex’s potential extends further.
“This pure SaaS product, with its native integrations, offers a highly adaptable and scalable solution for various industries and applications,” said Khalid. “Flex fosters an ecosystem of value across functions and systems, accelerating growth and driving clients into the future by optimizing delivery efficiency and product management.”
