Miles Software ranked #1 under the Private Banking Solution category in IBS Sales League Table 2016

APRIL 2016

Miles Software, a technology specialist in the Wealth and Asset Management industry, today announced that MoneyWare , their flagship product for Wealth and Asset Management solution takes the top position in the annual ranking of the private banking systems in the IBS Sales League table. Out of 300 customers globally, 27 new customer wins were added in the calendar year 2015 and more than 36 banks already use MoneyWare for their wealth and investment management business.

The annual IBS Sales League Table is an important part of the IBS Journal and is acknowledged as the barometer for international banking systems sales activity. In total, there were about 60 suppliers competing in three main categories – Universal Banking, Wholesale Banking, and Private Banking and each of the submissions were scrutinized to validate if these are new sales, and if the selection was through a competitive bid.

“We are immensely proud to be at the top of this league table in the year of our debut. This accomplishment is a reaffirmation of the hard work and commitment to our client’s success across the regions. This accolade is a testimony to our relentless efforts towards being the preferred technology vendor in the private banking space across the globe,” said Milan Ganatra, CEO Miles Software.

About IBS intelligence and IBS Sales League Table

IBS Intelligence and its flagship IBS Journal is the definitive source for independent, in-depth news, research and analysis of the financial technology market.

The IBS Sales League Table is universally acknowledged as the barometer for international banking systems sales activity. IBS verifies each submission; license renewals and extensions to the systems within a bank are excluded.

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For more information, please contact: 
Ms. Nithya Kalyani Mahesh 
AVP – Marketing
Miles Software Solutions Pvt. Ltd.
801, B-Wing, Trade World, Kamala Mills Compound,
SP Marg, Lower Parel (W),
Mumbai – 400013, India
Tel: +91-22-66518400 x 478
Fax: +91-22-24970508