3i Infotech is a global IT company which offers a comprehensive range of software and IT solutions, including packaged applications, for the banking, financial services & insurance (BFSI), manufacturing, contracting, and retail & distribution industries. In addition, it offers a broad range of software services such as custom software development, IT consulting, IS and IT security consulting, enterprise application integration (EAI), and specialized services such as product re-engineering, compliance consultancy, application rehabilitation and e-governance, among others. The company offers the following range of enterprise services and solutions like insurance, banking, capital market, enterprise resource planning (ERP), e-governance & products like premia - insurance management, Kastle - secure banking solutions, AMLOCK - anti money laundering & fraud detection, iBOSS - integrated broker office solutions suite, AWACS - stock exchange surveillance, orion - enterprise resource planning (ERP), Xroadz - enterprise relationship management (ERM), Veda - recruitment automation solution.
3i is promoted by ICICI Bank Ltd. The company provides technology solutions to over 500 customers in more than 45 countries across 4 continents. The List of customers worldwide includes Standard Chartered Bank, Finansa, AIG, Emirates Bank, RAK Bank, International Factors, SBI Factors, Oriental Insurance Company Limited, The National Health Insurance Fund, National Takaful Insurance, Hirsch International Corporation, Pidilite Industries among others. One of the objectives of the company in future will be to target growth in emerging markets like Eastern Europe, Middle East, Far East and some pockets in CIS countries. Financials The company disclosed rise of 27.27% in consolidated net profit on y-o-y basis to Rs 643.10 million, while total income increased 7.22% y-o-y basis to Rs 6.45 billion for the quarter ended December 2010.