Oracle Financial Services Software (formerly i-flex Solutions) - Flexcube; Microbanker; Finware (retail banking)
Overview:
In 2008, i-flex solutions officially became Oracle Financial Services Software Limited.
i-flex solutions limited (formerly known as Citicorp Information Technologies Industries Limited), since late 2005 was owned by Oracle (previously was controlled by Citigroup) and specialized in providing state-of-the-art information technology solutions to the Banking and Financial Services industry.
Oracle Financial Services Software Limited is a leading global provider of IT solutions to the financial services industry.
i-flex has serviced over 700 customers in more than 125 countries.
i-flex’s portfolio of offerings comprise FLEXCUBE, an end-to-end product suite for retail, consumer, corporate, investment and internet banking, asset management, and investor servicing. Since its launch in 1997, more than 190 financial institutions in over 85 countries have selected FLEXCUBE.
FLEXCUBE is the flagship product of i-flex solutions, and was judged "Application of the Year" and "Core Banking Solution of the Year" by The Banker, a magazine that is part of the Financial Times Group, London. International Banking Systems (IBS UK), a publication that tracks core-banking solutions globally, has also ranked FLEXCUBE as the largest selling core banking solution for two years in a row (2002 and 2003).
Platform: MS Server, Windows NT, Unix
Products: FLEXCUBE suite 
FLEXCUBE universal banking solution (conventional and islamic versions); FLEXCUBE@ internet anking olution, FLEXCUBE Investor Services; FLEXCUBE Lending Suite (Daybreak); FLEXCUBE retail banking solution; FLEXCUBE private banking
FLEXCUBE is a universal banking solution for retail, corporate, internet and investment banking. From Front to Back-office. FLEXCUBE also has the ability to support multi-bank, multi-currency and multi-channel operations, using a widely recognized data model that will keep abreast of market dynamics.
- FLEXCUBE Corporate is part of a comprehensive, integrated-yet-modular, core banking solution suite. FLEXCUBE Corporate spans the entire gamut of corporate banking operations: trade finance, treasury, securities, derivatives, and a host of other business segments.
- The key retail banking features supported by FLEXCUBE are Automating Teller Operations, Signature Verification, and Tracking Uncollected Funds.
FLEXCUBE - Daybreak Lending Suite, from SuperSolutions (an i-flex company), is a comprehensive lending system that automates all aspects of financing for the consumer lending industry - encompassing Originations, Servicing and Collections. Daybreak is designed to handle specialized lending requirements, thus enabling lending institutions to create new revenue streams and increase profits. Daybreak can be implemented as a specialized point solution or as part of a core banking solution, such as FLEXCUBE. It is based an open Oracle database architecture, so is extremely scalable.
MicroBanker meets the functional requirements of treasury and investment, trade finance and transaction services.
Clients:
(IBS 2008 primarily universal banking | Flexcube | Total Customers: 324 / New Signings in Yr: 39)
(IBS 2007 primarily universal banking | Flexcube | Total Customers: 285 / New Signings in Yr: 20)
(IBS 2007 lending | Daybreak | Total Customers: 19 / New Signings in Yr: 9)
(IBS 2006 / Flexcube Total Customers 260+ / Live Sites 500+ / Microbanker Total Customers 117 / Live Sites 150+)
(IBS 2005 / Flexcube Total Customers 170 / Live Sites 200+ / Microbanker Total Customers 117 / Live Sites 150+)
(IBS 2004 / Flexcube Total Customers 200+ / Live Sites 210+ / Microbanker Total Customers 117 / Live Sites 150+)
(IBS 2003 / Flexcube Total Customers 170+ / Live Sites 200+ / Microbanker Total Customers 117 / Live Sites 70+)
Sample Clients in Asia Pacific region:
Advanced Bank of Asia (ABA), Cambodia
Amritsar Central Cooperative Bank, India
Antwerp Diamantbank, India
Asia Fund Services, Singapore
Asian Finance Bank, Malaysia
Ayudhya JF Asset Management, Thailand
Baiduri Bank, Brunei
Bank Danamon, Indonesia
Bank Ekspor, Indonesia
Bank Islam, Malaysia
Bharat Overseas Bank, India
Bhutan National Bank, Bhutan
Canara Bank, India
Cathay United Bank, Vietnam
Central Finance Company, Sri Lanka
China Banking Corporation, Thailand
Citibank (worldwide)
Deutsche Bank (worldwide)
Development Bank of Singapore (worldwide)
Dhaka Bank, Bangladesh
Dhanalakshmi Bank, India
Dutch Bangla Bank, Bangladesh
Eastern Asia Commercial Bank, Vietnam
Eastern Bank, Bangladesh
Faridkot Central Cooperative Bank, India
Fatehgarh Central Cooperative Bank, India
Fazilka Central Cooperative Bank, India
Ferozepur Central Cooperative Bank, India
Finance Information Network and Operations, India
First India Credit Corporation, India
Fullerton India Credit Company, India
GE Capital Consumer Finance (worldwide)
Gurdaspur Central Cooperative Bank, India
Habubank, Vietnam
HDFC Bank, Mumbai
HSBC, HK
Indovina Bank, Vietnam
Jalandhar Central Cooperative Bank, India
Kapurthala Central Cooperative Bank, India
Karur Vysya Bank, India
Kerala State Co-operative Bank, India (Linux version)
Kiatnakin Bank, Thailand
Kollam District Cooperative Bank, India
Kotak Mahindra Finance, India
Lakshmi Bank, Nepal
Lakshmi Vilas Bank, India
Lord Krishna Bank, India
Mansa Central Cooperative Bank, India
Moga Central Cooperative Bank, India
Muktsar Central Cooperative Bank, India
National Bank of Samoa, Samoa
National Bank of Vanuatu, Vanuatu
Nations Trust Bank, Sri Lanka
Nawan Shaher Central Cooperative Bank, India
NDB Bank, Sri Lanka
Nippon Shinko Bank, Japan
Patiala Central Cooperative Bank, India
Permodalan Nasional Berhad, Malaysia
Philippine National Bank, Philippines
Punjab State Cooperative Bank, India
Rakuten Inc, Japan
Ropar Central Cooperative Bank, India
Shanghai Commercial Bank, HK
Shinsei Bank, Tokyo
Syndicate Bank, India
Ta Chong Bank, Taiwan
Tarantaran Central Cooperative Bank, India
Thanachart Bank, Thailand
Tisco Finance, Thailand
UBS Investment Bank (worldwide)
Yes Bank, India
/ Other recent:
UniCredit Bank, Bulgaria
