OFSS

Oracle Financial Services Software was incorporated in India with limited liability on September 27, 1989. The company is domiciled in Indian and has its registered office in Mumbai, Maharashtra. The company is a subsidiary of Oracle Global (Mauritius) Limited holding majority of stake in the company.

The company along with its subsidiaries is principally engaged in the business of providing information technology solutions and business processing services to the financial service industry worldwide. The company has a suite of banking products, which caters to the transaction processing and compliance need of corporate, retail, investment banking, treasury operations and data warehousing.

Business area of the company

The company offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database.

Products and services

INFRASTRUCTURE

Oracle Cloud Infrastructure

• Oracle Cloud Free Tier
  
• Compute
  
• Storage
  
• Networking
  
• Analytics
  
• Application Development
  
• Cloud Database Services
  
• Content Management
  
• Integration
  
• Observability and Management
  
• Security, Identity, and Compliance
  
• Cloud Marketplace
  
• Cloud@Customer

Software

• Oracle Database
  
• Java
  
• Linux
  
• MySQL

Hardware

• Exadata

Featured Products

• Autonomous Database
  
• Oracle Cloud for Government

APPLICATIONS

Cloud Applications

• Enterprise Resource Planning
  
• Enterprise Performance Management
  
• Supply Chain and Manufacturing
  
• Human Capital Management
  
• Customer Experience (CX)
  
• Data Cloud

Industry Applications

• Banking and Insurance
  
• Communications
  
• Construction and Engineering
  
• Food and Beverage
  
• Healthcare
  
• Hospitality
  
• Life Sciences
  
• Public Sector
  
• Retail
  
• Utilities

NetSuite

• On-Premises Applications
• Awards and recognitions

2017

• Oracle Recognized as Category Leader in Chartis RiskTech Quadrant for Financial Crime Risk Management Systems 2017
• Ovum Report: Oracle Provides a Window to the “Black Box” to Drive Machine Learning in Anti-Money Laundering

2018

• Oracle and Equisoft Stand Out in Aite Group Life Insurance Claims Report
• Oracle Recognized as Category leader in Chartis RiskTech Quadrant for Enterprise Fraud Technology 2018

2019

• Arbuthnot Latham Wins CITY A.M. Award, Bank of the Year 2019 with Oracle Solutions
• Oracle Led Team Optipay Wins SIBOS 2019 Hackathon
• Oracle Retains Top Three Position and Wins Multiple Awards in Chartis RiskTech100 2020
• Oracle Asset Liability Management (ALM) Wins Product of the Year at Asia Risk Technology Awards 2019
• Oracle a Leader in 2019 Gartner Magic Quadrant for Global Retail Banking
• KeyBank Wins Celent Model Bank 2019 Award
• Oracle Recognized as a Leader in 2019 IDC Worldwide End-to-End Corporate Banking Solutions Providers
• Novarica Market Navigator: Life / Health / Annuity New Business and Underwriting Systems
• Oracle Wins in Five Categories While Retaining Second Position in Chartis RiskTech100® 2019
• Oracle Recognized as Category Leader in Chartis RiskTech Quadrant® for AML/Watchlist Monitoring Solutions 2019

2020

• Top 3 FinTech Solutions in CeFPro FinTech Leaders Ranking
• Top 3 in RiskTech 100 2020
• IFRS 17 Solutions Provider of the Year AsiaRisk Awards 2020
• 2020 XCelent Awards Health Policy Administration Systems Greatest Breadth of Functionality
• Leader in Gartner Magic Quadrant for Global Retail Banking
• Category Leader in Chartis RiskTech Quadrant for IFRS 17 / LDTI Compliance
• Leader in Gartner Magic Quadrant for Life Insurance Systems
• Leader in IDC Marketscape for End-to-End Corporate Banking Solutions
• Oracle Recognized by Chartis Research as Category Leader for IFRS 17/LDTI Compliance Solutions
• Oracle Financial Services Wins IFRS 17 Solutions Provider of The Year at Asia Risk Technology Awards 2020
• Oracle a Winner in Celent Health Policy Administration Systems Report
• Novarica Market Navigator: Life / Health / Annuity Policy Administration Systems 2020
• Oracle a Leader in 2020 Gartner Magic Quadrant for Global Retail Core Banking
• Westpac Wins Benchmark Award, Best Finance Project, with Oracle Customer Service Solution
• Oracle Named a Leader in the Gartner Magic Quadrant for Life Insurance Systems