ICT

Oracle Financial Services Software Ltd

Company Profile Analysis

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Oracle Financial Services Software Ltd - ICT showcase

Year Founded & Workforce

1989-12-31

132,145 Employees

Industry

ICT

Services

O

Oracle Financial Services Software Ltd Overview

Company Headquarters: India

Founded: 1990

Workforce: ~ 132,145

Company Working: Oracle Financial Services Software Ltd offers comprehensive information technology solutions to the financial services industry globally. Its banking solutions help banks and financial service institutes to bring new products to the market, achieve success through collaboration, and build customer-centric digital solutions for the increasingly complex financial ecosystem. It offers accounting and transaction processing software to investment managers, banks, and mutual fund providers. It also provides internet delivery of financial services along with business intelligence and analytical applications. The company offers a comprehensive suite of products and services offerings for corporate, retail, and investment banks. It operates in three business segments, namely, product, consulting services, and BPO services. The product business segment comprises of product licensing, support, and consulting. This segment provides solutions such as baking digital experience, banking APIs, banking platform, and others. The company has its subsidiaries in Chile, Singapore, Greece, Mauritius, the Netherlands, China, and the US.

Strategy

Oracle’s corporate strategy is continued investments in incorporating innovation in the products and services offered through its cloud and on-premise software, hardware, and services businesses. The company continuously makes a significant amount of investments in research and developments to develop solutions for the changing needs of the banking industry. It has dedicated R&D centers that have produced a number of products and are used by various banks in more than 150 countries.

Company Snapshot

$39.07M

Revenue

132,145

Employees

1989-12-31

Founded

India

Headquarters

SWOT Analysis

Strengths

  • Wide customer base
  • Global distribution capabilities
  • Development of new products and solutions

Weaknesses

  • Litigations

Opportunities

  • Growing adoption of cloud-based technology
  • Increasing adoption of IoT

Threats

  • Intense market competition
  • Adverse tax policies

Key Developments

DateApproachDevelopment
February 2023PartnershipOne of Japan's leading financial services companies, Mizuho Bank, Ltd., an integrated retail and corporate banking unit of Mizuho Financial Group, is updating its antiquated banking system for global operations with Oracle. In the upcoming years, Mizuho will integrate Oracle's banking solutions to support crucial activities at its significant overseas offices, including direct deposit accounts and liquidity management. The traditional banking system of Mizuho was successfully replaced at its New York headquarters, marking the start of the roll-out.
January 2020ContractOracle Financial Services has signed contract with various banks in Libya, Somalia, and Sudan. The company has taken a deal from its rival Temenos and Path Solutions for a Soudan-based commercial bank, Khartoum.
August 2019ContractsOracle Financial Services signed license deals with customers in 35 countries worth USD 29 million for the provision of core banking solutions. The flagship core banking system, FLEXCUBE, has been selected by Xalq Bank in Azerbaijan. In Africa, Oracle has received a massive expansion deal with its existing client Ecobank that is helping the company to strengthen its position in the African region.

Product Offering

  • Oracle Financial Services Software Ltd
    • Solution

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Oracle Financial Services Software Ltd as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Oracle Financial Services Software Ltd

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