April 01, 2026 10:56 pm (IST)
Follow us:
Infosys Finacle teams with Oracle to offer Finacle on Oracle Cloud
Bangalore, Nov 23 (IBNS): Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, on Monday announced the launch of a new offering 'Finacle as a managed service on Oracle Cloud'.
This offering will enable banks globally to leverage Finacle’s industry-leading solution suite, along with other enterprise-class applications hosted on premise or in an external environment, to gain agility and cost efficiencies.
With this offering, Finacle becomes one of the first comprehensive banking platforms to be available as a managed service on Oracle Compute Cloud.
The offering will enable banks of all sizes to run enterprise-class banking applications such as payments and core banking on the cloud.
Michael Reh, Executive Vice President and CEO (designate), EdgeVerve said, "Up to now, the banking industry has been wary of adopting cloud solutions. The combination of Finacle and Oracle allows financial institutions to benefit from the flexibility and scalability of the cloud with confidence.”
Thomas Kurian, President, Product Development, Oracle, said, "Infosys Finacle and Oracle have been working together for over a decade now. With the Oracle and Infosys Finacle offerings, banks across the globe can take advantage of the latest Finacle stack along with our industry leading enterprise cloud infrastructure.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Fuel prices rise: Premium petrol, diesel hiked amid oil price surge
Wed, Apr 01 2026
Defence PSU boom! Garden Reach Shipbuilders & Engineers stock rockets 20%—what’s driving the surge?
Wed, Apr 01 2026
Dalal Street on fire: Sensex soars, Nifty rockets—here’s why!
Wed, Apr 01 2026
Layoff alert: Oracle cuts 30,000 jobs globally, 12,000 hit in India
Wed, Apr 01 2026
PwC India announces leadership transition in Deals Business
Tue, Mar 31 2026
DBS Bank India launches relationship-led banking for 'India’s globally mobile, emerging affluent'
Tue, Mar 31 2026
Major expansion ahead: Govt clears 29 proposals under ECMS
Tue, Mar 31 2026