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She also said the company is mulling multiple options including selling the fintech business if the price is right."We are open for multiple options if the valuations are good. The equity infusion by private equity fund could be used for developing the business in new geographies. We are not desperate to sell the business that is doing well. There is no urgency for us," Jaya Vaidhyanathan, President of the company, told .She said the fintech products contribute substantial revenue to the company's topline of about $340 million.The BCT is into software for retail, government, power, oil and gas apart from banking, financial services and insurance (BFSI).The number of associates in the fintech division is about 50 while BCT has about 2,850 associates.The company has suite of fintech products including early warning system (EWS) - a credit monitoring and predictive analytical solution.According to Vaidhyanathan, the EWS not only gathers data from the banking transactions carried out by a borrower but also from other sources like the Internet about the borrowers, the industries they operate, their market dynamics and others."After the banking sector, the non-banking finance companies (NBFC) sector offers big scope for EWS product. There are suggestions that top 50 NBFCs to go for such a solution. It may become a regulatory norm," Vaidhyanathan said.According to her, BCT has a lighter EWS version for NBFCs."How the business model for NBFCs would evolve is not clear. Whether the cloud model for NBFCs would be permissible is not yet clear," she said.In the banking sector, BCT's EWS is being used by Centre government-owned and private sector banks as well as banks in the Middle East and in the US."We are working with five Indian public sector banks, 3/4 banks in the Middle East and in the US. Sixty per cent of the fintech revenues are from India and the balance from the US and the Middle East," Vaidhyanathan said.According to her, the company is looking at bundling its solutions with a large middleware company.( With inputs from IANS )

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