NTWK - Close Brothers Goes Live with NETSOL's Cloud-Based Calculation Engine Flex | Benzinga
ENCINO, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that Close Brothers, a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading, had signed-up for and has subsequently gone live with the Company's calculation engine Flex.
The Flex cloud-based calculation engine enables affordability checks, reverse calculations and accurate contract lifecycle calculations with seamless integration into a financial institution's ecosystem. The calculation engine is part of NETSOL's Appex Now suite of API-first products for the global finance and leasing industry.
"Appex Now's APIs are pushing the finance and leasing industry forward. These powerful, yet simple APIs are a reflection of our dedication to innovation," said Najeeb Ghauri, Founder and CEO of NETSOL Technologies Inc.
"Close Brothers joins other financial institutions in the United Kingdom that have gone live with our API-first calculation engine," he added. "The customer has integrated Flex's APIs with Salesforce as part of a new initiative to enhance the pricing process for a key ...