Oracle Financial Services
Oracle Financial Services Software Limited (OFSS) is a leading provider of financial and insurance technology solutions and a prominent subsidiary of Oracle Corporation. Established in 1990 as i-flex Solutions, OFSS has grown into a pivotal entity within Oracle's Financial Services Global Industry Unit. The company, headquartered in Mumbai, India, serves clients worldwide, offering transformative software and technology services tailored to the financial industry.
OFSS operates through two primary divisions: its Products Division and PrimeSourcing. Its products portfolio includes cutting-edge solutions for retail, corporate, and investment banking, alongside treasury, payments, lending, asset management, and business analytics services. Flagship offerings such as Flexcube have established a global reputation for excellence, with its compliance and anti-money laundering solutions further solidifying OFSS's industry standing. Complementing these, its PrimeSourcing arm delivers tailored business process outsourcing solutions through Equinox Corporation, a subsidiary based in Irvine, California.
Since its acquisition by Oracle Corporation in 2005, OFSS has continued to innovate, introducing advanced tools for capital adequacy assessment, enterprise performance management, and commodity trading compliance. The company's seamless alignment with Oracle’s ecosystem ensures clients benefit from robust, scalable solutions that meet the evolving demands of the global financial landscape. With a rich history and an unwavering commitment to innovation, OFSS remains at the forefront of financial technology excellence.
