Oracle Financial Services Software Limited

65 results about this entity

Period: 23 Jul 2007 - 26 Jun 2024

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.