NETSOL Technologies, Inc. (NASDAQ: NTWK) said Friday will hold a conference call on Thursday morning, November 10, to discuss its financial results for the fiscal first quarter 2023.
The Calabasas, Calif.-based global business services and enterprise application solutions provider, has launched its latest product offering - Flex, which is an API-based, ready-to-use calculation engine that guarantees precise calculations at all stages of the contract lifecycle through various calculation types.
Flex provides versatility by covering all the calculation aspects ranging from the pricing for the end customer at inception, in-life financial modifications, the re-creation of the repayment plan, termination, amortizations/re-amortizations, among other calculation types.
“We are extremely excited as Flex has been launched across all regions NETSOL operates in,” said CEO Najeeb Ghauri. “It has been launched under the umbrella of Appex marketplace. NETSOL will introduce and launch further products and services under this marketplace in the future.”
Flex is essentially an instant, cloud-based calculation engine for out-of-the-box integration into a client’s products, services and ecosystem.
With parameter-driven calculations, Flex provides simplistic, multi-dimensional as well as the most complex calculations based on the needs of a client and their business.
NTWK shares took on three cents, or 1%, mid-morning Friday to $3.13.
