Oracle Financial Services Software Limited

64 results about this entity

Period: 23 Jul 2007 - 08 Apr 2024

Third of Emea banks have no Gen Y strategy - survey

Despite the growing economic importance of Generation Y customers, nearly a third of banks in Europe the Middle East and Africa have yet to establish an active, dedicated strategy for marketing to and serving them, according to research from Oracle Financial Services and Efma.

Banking cloud consortium to take on 'legacy tech' vendors

Commonwealth Bank of Australia is recruiting international banks to an alliance designed to break the hegemony of computer giants such as IBM, Microsoft, HP and Oracle and lead a move to a shared tech infrastructure based on cloud computing.

International Bank of Azerbaijan rolls out Oracle Flexcube

International Bank of Azerbaijan has gone live with Oracle's Flexcube core banking package, which replaces the Misys Midas system.

National Bank of Cambodia to implement Oracle Flexcube

National Bank of Cambodia is to implement Oracle's Flexcube core banking package as it bids to modernise the country's antiquated financial system.

Good Fidessa results and Oracle buy-out rumours don't halt index slide

The Finextra50 Financial Technology Index closed last week down 5.6% to 54.16. Bucking the trend, Fidessa posted better than expected results, while India-listed Oracle FSS rose on buy-out rumours. But with Vasco Data Security and Morningstar both falling heavily after worse than expected results, and the banking sector taking fresh blows, it was a generally pessimistic week.

ACI and Oracle FSS lead Finextra50 up 12.6%

ACI Worldwide and Oracle Financial Services Software led the bounce-back in the Finextra50 Financial Technology Index last week, each gaining more than 40%. The index closed up 12.6% to 54.89, but a number of companies, including Advent Software and Bravura Solutions, continued their recent slide.

Mexico's Compartamos Banco live with Oracle AML technology

Mexico's Compartamos Banco has implemented the Mantas anti-money laundering (AML) system from newly-named Oracle Financial Services Software.

I-flex reports Banco do Brasil deal

Banco do Brasil is rolling out the Flexcube core banking platform from Indian fintech vendor i-flex across its international operations.

Fidelity NIS and Thomson Reuters push Finextra50 up five per cent

The Finextra50 Financial Technology Index closed at 86.52 on Friday, after a good week for most fintech companies. Fidelity NIS and Gresham led the gainers, while Temenos and i-Flex saw the biggest falls.

Finextra50 hits all-time low

Despite big gains for Bravura, i-Flex and Computershare, the Finextra50 Financial Technology Index fell 3.75% to 81.62 last week, as negative sentiment in the US market dragged down valuations of some of the index's largest constituents.

I-flex reports Flexcube contract

Indian fintech vendor i-flex says Punjab State Co-operative Bank (PSCB) is rolling out to its Flexcube core banking technology across 800 branches.

HP acquisition plans benefit Mphasis

HP's planned acquisition of EDS drove shares in Indian outsourcing specialist Mphasis up 18.84% last week. The firm, 62% owned by EDS, led the gainers in a strong week for the Finextra 50 Financial Technology Index, which closed up four per cent to 88.69. i-Flex and Broadridge also saw significant rises while Thomson Reuters shares experienced their biggest one-week gain since the merger completed. S1, Microgen and Bravura were the only companies to buck the trend last week and record significant share price falls.

Misys up on bid rumours

Shares in British banking systems firm Misys continued to edge up today on the back of renewed speculation that a rival vendor is gearing up to make a bid for the business.

I-flex morphs into Oracle Financial Services

Indian fintech vendor i-flex says it plans to change its company name to Oracle Financial Services Limited.

Finextra50 bounces back 2.5% led by Vasco, Tsys and Temenos

The Finextra50 Financial Technology Index closed last week higher at 84.06, and despite the decline in Europe's markets last week, it was the index's Indian fintech stocks that took the biggest beating, led by i-Flex, which fell 18.41%

Bank Islam selects T24 for Shariah-compliant banking

Bank Islam Malaysia Berhad is implementing the T24 modular core banking platform from Swiss vendor Temenos to provide Shariah-compliant services to customers in branches and via the Internet.

Finextra50 dips to 95.74 despite rises for i-flex and Computershare

Despite double-digit gains from i-flex and Computershare, the Finextra50 Financial Technology Index fell .48% last week. Weaker than expected earnings and guidance statements from Chordiant and SimCorp meant these firms led the fallers.

Citi completes Flexcube roll out

US banking giant Citi has completed a seven year project to implement the Flexcube core banking platform from Indian vendor i-flex across its markets and banking units in 67 countries.

Cognizant and Reuters drag Finextra50 down by 6.9%

The Finextra50 Financial Technology Index ended last week down at 96.2. Six months after the creation of the index we have recalibrated the constituent companies, with four firms being replaced by new entrants. One of these, Bravura, joined Broadridge and Pegasystems among the few companies to buck the downward trend last week and see a significant rise in share price.

Islamic Bank of Asia signs for Flexcube

Indian fintech vendor i-flex has signed The Islamic Bank of Asia (IB Asia), a newly-launched subsidiary of Singapore's DBS Group, to its Flexcube core banking technology.