Oracle Financial Services Software Limited (formerly called i-flex Solutions Limited Reuters: IFLX.BO and IFLX.NS ) is an IT solution provider to the banking industry. i-flex is majority owned by Oracle Corporation. It claims more than 840 customers in over 130 countries on "Oracle Financial Software Limited website". Its range of applications software, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk as per "Oracle Financial Services Software website". Together, Oracle and i-flex solutions offer financial services firms banking applications and technology to address complex IT and business requirements.
i-flex� provides comprehensive IT solutions exclusively to the financial services industry worldwide.
We have serviced over 775 customers in more than 130 countries through our portfolio of products and services. i-flex's de-risked revenue model continues to deliver consistent results despite changing global economic conditions. The company is not overly dependent on any one country or geographical region and has a diversified revenue stream from a widespread customer base.
Increased regulatory pressures. Complex global operations. Rising demand for innovative customer service. To meet all your business challenges, Oracle for Financial Services delivers a powerful combination of technology and comprehensive, preintegrated business applications, including key functionality built specifically for banking, and capital markets organizations.
Whereas other vendors lock you into costly proprietary technology, Oracle is built on open standards for maximum flexibility and interoperability. Join the many financial service organizations that rely on Oracle for better business insight, adaptive business processes, and a superior ownership experience.
i-flex is among the few Indian IT companies that have come out with a successful software product which has created a big market for itself, within India as well as internationally. This aspect of i-flex continues to draw employees to join the product brigade and be a part of its innovative environment. With a flagship product that boasts of giving international competitors a run for their money, i-flex claims that employees take pride in working for a company that is so well established in the field of banking software solutions.
Vivek Govilkar, Senior VP, Human Resources and Training, i-flex Solutions, believes that the i-flex brand attracts employees and also causes most of them to loyally serve the company, some of them being there for over 20 years. �Unlike other Indian software companies that concentrate their strength and competencies mainly on selling services, i-flex went ahead and created Flexcube, a software product that it takes immense pride in,� says Govilkar.
At i-flex, the customer is the king and all efforts are made to appease him. This is the basic value system that the company is based on and it is possible only because the organisational value system is in sync with the beliefs and convictions of the employees who also feel that the customer should be the main focus of any business.