Regulator Opts to Implement New Core Banking System to Support the Country’s Financial System and Help Meet Current Economic Challenges
India – June 30, 2009
News Facts
· Oracle Financial Services Software, a majority-owned subsidiary of Oracle, announced today that National Bank of Cambodia has selected Oracle® FLEXCUBE as the banking [...]
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MINNEAPOLIS, 17-Jun-08
· Dealers’ Financial Services, LLC (DFS), a leading provider of consumer financing, has deployed Daybreak, a loan origination, servicing and collections platform from banking technology provider i-flex solutions (Reuters: IFLX.BO & IFLX.NS).
· Daybreak is DFS’ new platform for [...]
Robust Oracle Database Keeps Punjab State Co-op Bank’s IT infrastructure Up and Running 24/7
New Delhi, 16-May-08
Oracle and i-flex® solutions announced today that:
· Punjab State Co-operative Bank (PSCB) and 19 District Central Co-operative Banks have selected Oracle and Flexcel International as their [...]
Robust Growth in Products Business Driven by Strong License Fee signings of $36 Million in the Quarter
Financials at a glance for the quarter and year ending March 2008
Indian GAAP Consolidated
Quarter
Full Year
Revenues
Rs 672 crore up 8% QoQ; 12% YoY
Rs 2,380 crore up 15%
Net Income
Rs 185 crore up 73% QoQ; 40% YoY
Rs 416 crore up 12%
HIGHLIGHTS OF [...]
Enhanced services reaches out to 19 million customers
BANGALORE, India, April 13, 2008: Oracle announced that Syndicate Bank has implemented I-flex’s FLEXCUBE on Oracle Real Application Clusters across the Bank’s 1700 branches as of January 2008 impacting 19 million customers. Deployed on Oracle Database and Oracle Real Application Clusters, the core banking solution has improved the [...]
FLEXCUBE Live at Bulgaria’s Biggest Banking Entity, UniCredit Bank
Transformation Project Involved Core Systems Replacement Across Three Entities
Sofia, October 4, 2007: i-flex® solutions (Reuters: IFLX.BO & IFLX.NS), a leading provider of technology solutions to the global financial services industry, announced today that FLEXCUBE®, its flagship product, is live at UniCredit Bulbank’s operations in Bulgaria.
When it acquired [...]
