IRIS RegTech Solutions Secures Contract Extension for South African Reserve Bank Project
IRIS RegTech Solutions Limited has secured a contract extension with Xpert Decisions Systems (Pty) Ltd for continued implementation and support of the CODI deposit insurance solution for the South African Reserve Bank. The company disclosed this development under SEBI regulations on December 11, 2025, noting that the engagement is in the ordinary course of business with no material financial impact. The contract involves technology implementation and support services for deposit insurance solutions in the international market.

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IRIS RegTech Solutions Limited has announced the extension of its existing contract with Xpert Decisions Systems (Pty) Ltd for continued software solution implementation services for the South African Reserve Bank. The company made this disclosure under Regulation 30 of SEBI regulations on December 11, 2025.
Contract Extension Details
The extended arrangement focuses on the continued implementation and support of the CODI deposit insurance solution. This engagement represents a continuation of the company's existing relationship with its South African partner, Xpert Decisions Systems (Pty) Ltd.
| Parameter | Details |
|---|---|
| Contracting Entity | Xpert Decisions Systems (Pty) Ltd |
| Nature of Services | Technology implementation and support services for deposit insurance |
| Solution Type | CODI deposit insurance solution |
| Entity Type | International |
| Execution Timeline | As per agreed project timelines in Statements of Work |
Business Impact and Terms
The company has indicated that this engagement falls within the ordinary course of business operations and does not have any material impact on the company's financials. The contract value remains confidential and will be subject to negotiation with the partner.
Key aspects of the arrangement include:
- Continued implementation services for the deposit insurance solution
- Ongoing support services in conjunction with the South African partner
- Technology implementation for banking sector requirements
- Project execution as per agreed timelines detailed in confidential Statements of Work
Regulatory Compliance
The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that there are no related party transactions involved in this contract extension, and no promoter or group companies have any interest in the contracting entity.
Company Background
IRIS RegTech Solutions Limited, formerly known as IRIS Business Services Limited, operates from Tower 2, 3rd floor, International Infotech Park, Vashi, Navi Mumbai. The company specializes in regulatory technology solutions and maintains its primary listing on both BSE (Scrip Code: 540735) and NSE (Symbol: IRIS).
Historical Stock Returns for IRIS Business Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.23% | -1.92% | -17.81% | +19.71% | -35.01% | +93.24% |











































