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.
