Equinox, an i-flex company, which addresses the market in the financial services industry for global BPO solutions has been ranked as the number one vendor to the Mortgage Banking Industry in 2006, according to a survey by the Brown-Wilson Group, authors of the best-seller ‘The Black Book of Outsourcing’. Equinox surpassed India-based outsourcing competitors as well as US-based suppliers to emerge as the top choice of the survey participants.

The survey was conducted in Q3 2006 with 12,755 outsourcing purchasers and 3,340 outsourcing corporate employees and evaluated solution providers' demonstrated strength in four survey areas - CEO commitment, human capital performance, corporate direction and leadership impact.

"It is a clear recognition of our strategic vertical focus and collaborative engagement model with our clients. It's a matter of pride to be recognized as leader in the Mortgage Banking Industry by the Black Book of Outsourcing," said Don Ganguly, CEO of Equinox.

According to Doug Brown, principal at Brown-Wilson Group, "The financial services outsourcing market is growing rapidly and Equinox has clearly emerged as a significant niche player in this focused segment. Additionally, an innovative end-to-end platform-based solution by Equinox has the potential to revolutionize the mortgage outsourcing market."