i-flex teams with some bigger cousins

Well, i-flex isn’t the biggest of companies, but it certainly knows how to choose its allies…

Oracle and i-flex representatives said today the companies will collaborate to provide joint banking customers with infrastructure, services, and support for enterprise applications, core banking, and risk management. The banking collaboration will combine the business and IT architectural leadership of IBM in banks, banking-specific application solutions from Oracle with core banking and risk solutions from i-flex. Solutions in CRM, core transaction processing, risk, analytics and corporate operations will be employed by the triad.

Alongside this announcement, the companies announced the launch of Flexcube, i-flex’s newest retail banking product, on the IBM System z mainframe platform. Under terms of the alliance, IBM plans to expand its services with Oracle and i-flex to ensure “unparalleled” integration and support for IBM platforms.

i-flex Solutions provides IT product, custom solutions and consulting services to the financial services industry, with more than 660 customers in over 120 countries.