-1.90 (-0.63%) IRIS Business Services has received a Letter of Intent (LoI) from NEC Corporation India (‘NEC’) for the provision of software and services under the RFP issued by the Pension Fund Regulatory and Development Authority (PFRDA) for the Design, Development, Implementation, and Maintenance of PFRDA-TRACE (Tracking Reporting Analytics & Compliance e-Platform). The LoI covers a period of 6 years (1 year of Dev followed by 5 years of maintenance).
IRIS Business Services provides financial information, research, and training solutions to institutional, manufacturing, retail, and other industries in India and internationally.