Wednesday, October 4, 2000
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MphasiS Corporation to refocus business strategy on `globality' 

Our eFE Bureau  
Bangalore: Following its recent merger with BFL Software Ltd, Bangalore-based MphasiS Corporation will soon start trading its shares (trade abbreviation - MPHS) on Indian stock exchanges, according to the company's chairman and CEO Mr Jerry Rao.

However, Mr Rao did not want to disclose financials regarding specific plans of the company.

He said MphasiS had refocussed its business strategy to become an `interactive integrator company'. Briefing the media in Bangalore on Tuesday, Mr Rao said,`` MphasiS will provide cutting-edge technology solutions to its clients by integrating legacy applications with new technology.''

The core verticals of the company would be the financial services and retail and logistics segments with technology being the feeder vertical providing content and technological support to the two domains. Its logistics division would be built around BFL's anchor customers.

``The key differentiators of the company include `globality', architecture practice and development bandwidth. Our strength lies in application areas including channel integration where MphasiS's architecture system can transform existing legacy systems to interactive business models. The other focus areas include customer relationship management, transaction processing and systems and communication,'' Mr Rao said.

MphasiS has a revenue split of 70:20 between its US and Far-East and European operations. It has built the ICICImoneymanager.com, a banking, personal finance and investment services portal with multiple-backends and provides online links to the ICICI call centre enabling real-time information to the customer from the service representative

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