Oracle Financial Services Software Limited (OFSS)

Overview

Oracle Financial Services Software Limited is a globally recognized provider of information technology (IT) solutions and business processing services specialized for the financial services industry. Its comprehensive portfolio spans two primary segments: Product Licenses and Related Activities, and IT Solutions and Consulting Services. Since its incorporation in 1989, the company has developed an expansive footprint in offering a variety of software and services tailored to meet the intricate demands of retail, corporate, and investment banking, consumer lending, asset management, and more. Headquartered in Mumbai, India, Oracle Financial Services Software operates as a subsidiary of Oracle Global (Mauritius) Limited, leveraging the robust technological infrastructure and vast resources of the Oracle Corporation to serve its global clientele.

Products and Services

Oracle Financial Services Software Limited brings forward a diverse suite of products and services designed to transform the operational capabilities of institutions in the financial sector:

• Oracle FLEXCUBE: This banking solution caters to a range of banking requirements including retail, corporate and investment banking, consumer lending, asset management, and investor servicing with a special focus on payments.
• Oracle Banking Digital Experience: A comprehensive digital banking solution designed to enhance the customer experience in the digital age.
• Oracle Financial Services Lending and Leasing: An asset finance solution offering robust features for managing lending and leasing portfolios.
• Oracle Banking APIs: This service enables banks to establish partnerships with third-party technology organizations, facilitating a more integrated and efficient fintech ecosystem.
• Oracle Banking Solutions: The company offers an extensive list of banking solutions including Universal Banking, Platform, Investor Servicing, Enterprise Limits and Collateral Management, Islamic Banking, Branch, Origination, Cash Management, and much more, each catering to specific operational areas within a bank.
• Risk and Compliance: Oracle provides a suite of industry applications designed to help financial institutions manage risk, finance, treasury, regulatory reporting, and compliance more effectively.
• Consulting and Application Services: Under Oracle Finergy, the company provides consulting and application services tailored to the unique needs of the financial industry, enhancing operational efficiency and technological capability.
• BPO Services: Oracle Financial Services BPO Services deliver back-office work and contact center services, allowing financial institutions to focus on their core activities while ensuring operational excellence.