Oracle Financial Services Software Ltd Company History

i-flex Solutions has announced that it will implement its FLEXCUBE Universal Banking Solution for TEBA Bank, Midland, South Africa, across all branches

This company was incorporated on September, 27, 1989 as Citicorp Information Technology Industries Ltd., or CITIL, under the Companies Act. On March 30,2000, this company renamed

themselves i-flex Solutions Limited in order to create an independent brand name and build on the success of FLEXCUBE, their flagship product brand.

Enters into joint venture with EBZ Online, a software company, through which I-Flex's product, Flexcube, will be made available to cooperative banks

Dotex International, a joint venture company supported by NSE.IT and i-flex Solutions Ltd, signs a memorandum of understanding (MoU) with BgSE Financials Ltd, a subsidiary of the Bangalore Stock Exchange, to give Internet trading service to the members of the exchange

ChryosAS@P Services BV, an Amsterdam-based application services provider ,implements Flexcube@Broker developed by i-flex to provide a trading platform for security brokers to trade on the Euronext

Company selected by NDB Bank, Colombo to provide banking solutions through its Flexcube corporate and retail products

IPO floor price fixed at Rs 530

Comes out with Initial Public Offering (IPO) with an issue of 3,961,700 equity shares, mops up Rs 220 crore

Makes trading debut on BSE

Aptech teams up with I-Flex Solutions Ltd. to enable its students to train on i-flex's proprietary banking product, FLEXCUBE, which is among the world's top-two largest selling wholesale back - office banking systems

Company's mutual funds servicing solution FLEXCUBE Investor Services (FCIS) goes live at Shinsei Bank, Japan, replacing the existing legacy Japanese system

Bags 2 contracts from Egyptian banks

Company selected by German banking technology services provider, Bank-verlag Koln, to develop a Basel II compliant Internal Rating system

Signs up with Bank du Caire of Egypt for installation of banking product FLEXCUBE

i-flex, IBM jointly win Bharat Overseas Bank project to develop centralised banking solution

North Carolina Department of State Treasurer (NCDST), USA, selects i-flex's flagship solution FLEXCUBE to replace its core banking legacy system

Launches Reveleus, the Business Intelligence & Analytics Division

i-flex and HP announce global alliance for hardware and software solutions to financial institutions

International Monetary Fund (IMF), an international organization of 184 member countries, selects i-flex's flagship product FLEXCUBE to replace its legacy core banking application and operations infrastructure

Interfin Merchant Bank of Zimbabwe Ltd goes live with FLEXCUBE as well as the FLEXCUBE Investor Services and FLEXCUBE Dealer modules at the bank

Becomes the first Indian Software company to be certified according to SAS 70 audit standards

i-flex voted as "Best Newly Listed Company in India" in Asiamoney's Annual best Managed Companies Poll

Opens its first Overseas Software Development Center in Singapore

Hebros bank, amongst the top five banks in Bulgaria, selects i-flex's flagship product FLEXCUBE

Banking and Payments Authority of Kosovo selects i-flex's FLEXCUBE

Antwerp Diamond Bank, Mumbai goes live on FLEXCUBE

i-flex Solutions - FLEXCUBE Payment Systems Module goes live at United Bank for Africa Plc., one of the leading banks in Nigeria

Bags $200-mn contract from Citigroup

Flexcube powered Client Level Asset Servicing (CLAS) System goes live at UBS Warburg, London

First Banking Corporation of Zimbabwe selects Flexcube

Flagship product FLEXCUBE ranked the world's No.1 selling Universal Banking Solution

IMF Selects Reveleus for Critical Data Management and Business Intelligence Technology

Sets up development centre in New York

Hungarian Bank ( IC Bank Rt. Budapest) selects i-flex solutions to address growing technology needs

FLEXCUBE selected as Core-Banking Solution for Kotak Mahindra Bank

CEO of i-flex's Netherlands Subsidiary, Senthil Kumar, who is based in London, detained by the UK authorities on request from the Dutch authorities

Court releases i-flex's Dutch arm CEO Senthil Kumar on bail

Ranks No 1 pure Web-based cash management solutions provider by Celent Communications, US-based research and advisory firm for financial institutions

Straight Through Processing Inc. chooses to implement FLEXCUBE and to provide it on an Application Services Provider (ASP) model to other banks in the Caribbean region

InvestBank, UAE selects I-flex's flagship product Flexcube

British court dismisses proceedings over Senthil Kumar

Wins a major order from HypoVereinsbank Group (HVB Group), Germany

Baiduri Bank Brunei chooses Flexcube as its new Core Banking System

During the financial year 2002-03, Polaris, i-Flex and Infosys record the fastest topline growth among software companies

ACCBank, Ireland, selects I-Flex Solutions' FLEXCUBE as its banking solution provider

Egyptian American Bank (EAB) selects FLEXCUBE as its core-banking platform

Board approves 1:1 Bonus issue

Time Magazine recognizes CMD of i-flex Solutions (Rajesh Hukku) as one of the Tech leaders who survived the tech crash

Bags order from Juniper Bank, a full service credit card issuer currently managing more than 525,000 accounts

Board of Directors allot 3,73,37,500 Equity shares of face value of Rs 5/- each as fully paid Bonus Shares

Inaugurates FLEXCUBE Support & PrimeSourcing Solutions Centre in London

Dhanlaxmi Bank selects Flexcube for core banking operations

Exhibits at world's premier financial services event Sibos 2003, being held at the Suntec City Exhibition Center in Singapore between October 20-24, 2003.

Flexcube has been selected by the newly launched Asia Fund Services, a joint venture between Singapore's leading fund administrators Bermuda Trust and United Overseas Bank, one of Singapore's Leading banks.

Inaugurated FLEXCUBE Support & PrimeSourcing Solutions Centre in London.

The board approved the acquisition of SuperSolutions Corporation in an all cash deal of $11.5 million. The board of SuperSolutions Corporation has also approved the deal.

Abu Dhabi Commercial Bank signs contract with i-flex Solutions for FLEXCUBE core banking system

i-flex opens wholly-owned holding company in US, i-flex America, for carrying out all future acquisitions in the USA

i-flex awarded Golden Peacock National Quality Award

i-flex-FLEXCUBE sets a new record for scalability, demonstrates lowest total cost of ownership for large financial institute

I-Flex Solutions ties up with Barbados-based FirstCaribbean International Bank on May 3, 2004, and latter will deploy 'Flexcube', the internet banking and e-finance platform of I-Flex Solutions

i-flex Solutions said that its core banking solution Flexcube had won The Banker `Core Banking Solution of the Year" and "Application of the Year'' awards

Chile's second-largest bank, Banco de Chile, has selected software designed by i-flex for its core retail banking system

Nippon Shinko Implements I-flex Solutions's Flexcube

YES Bank and I-flex solutions Ltd has signed Global Strategic Memorandum to collaborate on technology led innovations to enhance quality and efficiency in banking products and delivery processes

i flex - Reveleus signs up North America's Mortgage lending leaders for advanced analytics

i-Flex join hands with PeopleSoft to develop and market an integrated solution for the banking industry

I-flex Solutions Ltd signs agreement with Ta Chong Bank, Taiwan on April 19, 2005 for implementation of the Company's FLEXCUBE® and Reveleus TM software product suites at Ta Chong Bank.

Enters into strategic alliance with Castek Software Inc., a Toronto based provider of insurance systems for the global Property & Casualty (P&C) insurance industry.

I-flex solutions Ltd and EDB Business Partner ASA have entered into an agreement to jointly offer comprehensive retail banking solutions to financial institutions in the Nordic region

i-flex Solutions - HSBC signs agreement for FLEXCUBE Investor Services Solution

i-flex Solutions Ltd has informed that Oracle and i-flex® Solutions has announced certification of i-flex applications with Oracle® Application Server 10g, a component of Oracle Fusion Middleware.

i-flex Solutions & Oracle Announce Certification of iflex's FLEXCUBE with Oracle® Access Manager.

i-flex Solutions - Equinox announces the Launch of iGPM - a Paperless Global Processing Model for Mortgage Bankers

i-flex Solutions Launches FLEXCUBE Lending Suite

i-flex Solutions Ltd has informed that the name of the Company has changed from "i-flex solutions Ltd" to "Oracle Financial Services Software Ltd".

Oracle Financial Services Software Ltd has has appointed Ms. Dorian Daley as an Additional Director of the Company.

Registered Office of the Company has been shifted to Oracle Park, Off. Western Express Highway, Goregaon (East), Mumbai - 400 063, Maharashtra

Oracle Financial Services Software Ltd has titled "PRASAC MICROFINANCE INSTITUTION, of Cambodia Goes Live on Oracle FLEXCUBE".

Oracle Financial Services Software Ltd has has opened a new local delivery centre in Chile to support Industry-Leading Financial Services Software and Solutions.

"Jibun Bank and United Bank Limited Pakistan Win Prestigious Banking Awards".

"Prominvestbank Selects Oracle FLEXCUBE Universal Banking to Standardize Systems & Support Growth".

"Oracle FLEXCUBE Universal Banking Achieves Industry Leading Results with Oracle Exadata V2 Benchmark".

"Oracle Financial Services Software Introduces Oracle Mantas Energy and Commodity Trading Compliance (ECTC)".

"Oracle Financial Services Introduces Oracle Revenues Liquidity Risk Management".

"Oracle Introduces Oracle Financial Services Data Warehouse".

"Oracle Introduces Oracle Financial Services Hedge Management and IFRS Valuations".

"Oracle Introduces Oracle Financial Services Enterprise Case Management".

"China's Ping An Bank Goes Live on Oracle FLEXCUBE Core Banking Solution".

"Oracle Introduces Oracle FLEXCUBE Multi-Channel Solution on Direct and Mobile Channels for the Financial Services Industry".

"Oracle Launches Comprehensive, Ready-to-Deploy Applications for Solvency II Reporting and Analysis".

Oracle Financial Ser- "Roll-Out of New Core Banking Application across the Middle East Enhances Customer Experience in Conventional, Islamic and Internet banking".

"Oracle FLEXCUBE Core Banking Release 5 Helps Banks to Accelerate Transactions and Deliver New Service and Channel Flexibility that Improves Customer Experience".

"Oracle FLEXCUBE Introduces New Features to Help Banks Enhance Mobile and Payment Capabilities, Streamline Compliance and Achieve Better Business Performance Insight".

Indonesian bank selects Oracle’s FLEXCUBE banking solution Solutions provider to financial services Industry.

Oracle launches FLEXCUBE to enhance mobile banking facilities, that help financial institutions to support regulatory compliance, offer richer and more personalized customer experiences, improve performance and streamline their IT environments.

"Omans alizz islamic bank Uses Oracle FLEXCUBE to Power One of Omans First Islamic Banks".

Oracle Financial Services declared an interim dividend of Rs. 485/- per equity share of Rs. 5/- each of the Company.

Universities Select Oracle's PeopleSoft Campus Solutions to Enhance the Student Experience.

Oracle FLEXCUBE Reveals Superior Performance for Banks with New Performance Results on Oracle SPARC T5 Servers.

Oracle Unveils Unmatched Cloud Platform Based on #1 Database and #1 Middleware to Accelerate Move of Enterprise IT to the Cloud

Oracle Unveils Its Next Generation Cloud Strategy: Intelligent Applications

Oracle Announces the Industry’s Most Comprehensive Offering for Analytics in the Cloud

Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity

Oracle Expands Cloud Services Globally with Three New Regions in North America and EMEA

Oracle Launches Oracle Code Events for Modern Cloud Development

Oracle Launches Cloud Service to Help Organizations Integrate Disparate Data and Drive Real-Time Analytics

Oracle Utilities Launches Smart Grid and IoT Device Management Solution in the Cloud

Oracle Utilities Launches a New Asset Performance Management (APM) Solution in the Cloud

Oracle Introduces Digital Innovation Platform for Open Banking

Oracle Introduces AI-Powered Intelligent Bots to Help Enterprises Engage Customers and Employees

Oracle has introduced a series of updates to Oracle CX Marketing within the Oracle Cloud Customer Experience to help make every customer interaction matter.

Oracle has been named a Leader in the Gartner 2020 Magic Quadrant for Warehouse Management Systems (WMS).

Oracle has announced the availability of Autonomous JSON Database--a new cloud service built for JSON-centric developers.

Oracle has introduced a series of updates to Oracle CX Service within Oracle Cloud Customer Experience.

Oracle Analytics is an end-to-end cloud-first platform that delivers visionary augmented data preparation, visualization, dashboards, storytelling, reporting,

Oracle Announces New Compute E4 Platform on 3rd Gen AMD EPYC Processors.

Oracle is excited to announce the addition of 13 more Always Free services to Oracle Cloud Free Tier, enabling developers and operators to learn, kick the tires, and deploy workloads on Oracle Cloud Infrastructure (OCI).

Introducing Oracle Verrazzano Enterprise Container Platform.

Oracle named a Leader in 2022 Gartner® Magic Quadrant for Global Retail Core Banking.

Barclays is working with Oracle Financial Services on a large-scale virtual account management project in the UK.

Oracle launched Oracle Banking Cloud Services, a Cloud native SaaS suite that provides corporate and retail banks the agility to modernize their banking applications quickly to meet customer demands and capitalize on new opportunities.

Nuclei to offer its merchant services on Oracle’s digital banking platform