Monday, August 12, 2013

Oracle Financial Services Software (OFSS): MNC


  • Earlier i-flex Ltd.
  • US based Oracle corp holds 75% equity stake.
  • Mainly provides software for banking and financial sevices industry : Flagship product : Flexcube.
  • Revenue split : Asia pacific (25%), North America (33%), Europe, Middle East and Africa (32%).
  • Products constitute 75%, followed by services (33%) and BPO (3%).
  • Client base increased from 480 in 2004 to 1084 in 2013, across 141 countries.
  • Holds Rs.5018 Cr cash against market cap of Rs.24419 Cr

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