Company Biography

Oracle Financial Services Software (OFSS) is a leading provider of integrated software solutions for the global financial services industry. Formerly known as i-flex solutions, the company was acquired by Oracle Corporation in 2005 and has since become a key part of Oracle's financial services technology portfolio.

Key Milestones:

1986: Established as Citicorp Information Technologies Industries Limited (CITIL)

1993: Renamed to i-flex solutions and went public

2005: Acquired by Oracle Corporation for $900 million

2008: Rebranded as Oracle Financial Services Software

2020: Served over 900 financial institutions across 145 countries

OFSS's core product offerings include:

Flexcube - A comprehensive universal banking solution

Reveleus - A suite of risk management and compliance solutions

Mantas - Advanced financial crime and compliance management solutions

Oracle Banking Platform - A modern, cloud-native digital banking platform

Under Oracle's ownership, OFSS has continued to expand its global footprint and enhance its product capabilities to meet the evolving needs of the financial services industry.