Latest Oracle Financial Services Software Limited News: Finextra Research

National Bank of Cambodia to implement Oracle Flexcube

National Bank of Cambodia is to implement Oracle's Flexcube core banking package as it bids to modernise the country's antiquated financial system.

30 June 2009

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Good Fidessa results and Oracle buy-out rumours don't halt index slide

The Finextra50 Financial Technology Index closed last week down 5.6% to 54.16. Bucking the trend, Fidessa posted better than expected results, while India-listed Oracle FSS rose on buy-out rumours. But with Vasco Data Security and Morningstar both falling heavily after worse than expected results, and the banking sector taking fresh blows, it was a generally pessimistic week.

23 February 2009

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ACI and Oracle FSS lead Finextra50 up 12.6%

ACI Worldwide and Oracle Financial Services Software led the bounce-back in the Finextra50 Financial Technology Index last week, each gaining more than 40%. The index closed up 12.6% to 54.89, but a number of companies, including Advent Software and Bravura Solutions, continued their recent slide.

03 November 2008

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Mexico's Compartamos Banco live with Oracle AML technology

Mexico's Compartamos Banco has implemented the Mantas anti-money laundering (AML) system from newly-named Oracle Financial Services Software.

12 September 2008

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I-flex reports Banco do Brasil deal

Banco do Brasil is rolling out the Flexcube core banking platform from Indian fintech vendor i-flex across its international operations.

13 August 2008

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Fidelity NIS and Thomson Reuters push Finextra50 up five per cent

The Finextra50 Financial Technology Index closed at 86.52 on Friday, after a good week for most fintech companies. Fidelity NIS and Gresham led the gainers, while Temenos and i-Flex saw the biggest falls.

11 August 2008

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Finextra50 hits all-time low

Despite big gains for Bravura, i-Flex and Computershare, the Finextra50 Financial Technology Index fell 3.75% to 81.62 last week, as negative sentiment in the US market dragged down valuations of some of the index's largest constituents.

30 June 2008

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I-flex reports Flexcube contract

Indian fintech vendor i-flex says Punjab State Co-operative Bank (PSCB) is rolling out to its Flexcube core banking technology across 800 branches.

19 May 2008

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HP acquisition plans benefit Mphasis

HP's planned acquisition of EDS drove shares in Indian outsourcing specialist Mphasis up 18.84% last week. The firm, 62% owned by EDS, led the gainers in a strong week for the Finextra 50 Financial Technology Index, which closed up four per cent to 88.69. i-Flex and Broadridge also saw significant rises while Thomson Reuters shares experienced their biggest one-week gain since the merger completed. S1, Microgen and Bravura were the only companies to buck the trend last week and record significant share price falls.

19 May 2008

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Misys up on bid rumours

Shares in British banking systems firm Misys continued to edge up today on the back of renewed speculation that a rival vendor is gearing up to make a bid for the business.

13 May 2008

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I-flex morphs into Oracle Financial Services

Indian fintech vendor i-flex says it plans to change its company name to Oracle Financial Services Limited.

04 April 2008

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Finextra50 bounces back 2.5% led by Vasco, Tsys and Temenos

The Finextra50 Financial Technology Index closed last week higher at 84.06, and despite the decline in Europe's markets last week, it was the index's Indian fintech stocks that took the biggest beating, led by i-Flex, which fell 18.41%

28 January 2008

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