i-flex, IBM and Oracle to jointly service banks

i-flex Solutions, IBM and Oracle will collaborate to provide joint banking customers with infrastructure, services, and support for enterprise applications, core banking, and risk management.

According to i-flex's release to the BSE, the collaboration will combine the business and IT solutions of IBM in banks, banking-specific application solutions from Oracle, and core banking and risk solutions from the company.

"The collaboration seeks to provide a comprehensive and total solution for top tier banks to migrate to the integrated banking applications and platforms of the future," R Ravisankar, CEO, international operations and business development of i-flex, said.