Oracle Financial Services Software Ltd - Company Profile
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Oracle Financial Services Software Ltd (OFSS), a subsidiary of Oracle Corp, provides IT services to the financial services industry. The company offers software solutions for retail banking, corporate banking, risk and finance, and financial crime and compliance management. Its product portfolio includes Oracle banking, Oracle FLEXCUBE universal banking, banking virtual account management, and banking credit facilities process management solutions, financial crime and compliance management, and financial services revenue management and billing. The company serves various sectors including retail banking, corporate banking, core banking, health and life insurance. It operates in regions such as the Americas, Europe, Asia-Pacific, the Middle East, and Africa. OFSS is headquartered in Mumbai, Maharashtra, India.
Oracle Financial Services Software Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Solutions: | Financial Services | - |
| AML and Financial Crime Compliance | Technology Services | Oracle |
| Banking Solution | BPO Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In May, the company launched new Oracle Cloud Services for financial institutions. |
| 2024 | New Products/Services | In June, the company introduced Oracle Payments Cloud Service in the UK. |
| 2024 | Contracts/Agreements | In June, Oracle Financial Services extended its partnership with Mashreq to expand its growth globally. |
Competitor Comparison
| Key Parameters | Oracle Financial Services Software Ltd | Infosys Ltd | Wipro Ltd | Temenos AG | Cognizant Technology Solutions India Pvt Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | Switzerland | India |
| City | Mumbai | Bangalore | Bangalore | Zuerich | Mumbai |
| State/Province | Maharashtra | Karnataka | Karnataka | - | Maharashtra |
| No. of Employees | 9,155 | 323,578 | 242,156 | 5,205 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jane Murphy | Chairman | Executive Board | 2019 | 57 |
| Makarand Padalkar | Chief Executive Officer; Director; Managing Director | Executive Board | 2023 | - |
| Avadhut Ketkar | Chief Financial Officer | Senior Management | 2023 | - |
| Vinayak Hampihallikar | Vice President - Consulting | Senior Management | - | - |
| Laura Balachandran | Vice President - Business Planning | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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