February 06, 2026 03:13 am (IST)
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
Devyani shares jump 9% despite Q3 loss, hit three-week high
Thu, Feb 05 2026
How a Fixed Deposit Can Strengthen Your Financial Planning in 2026
Thu, Feb 05 2026
Ashok Leyland strikes big deal in Indonesia — Electric buses, defence vehicles in the works
Wed, Feb 04 2026
KFC, Pizza Hut operator Devyani soars 10% after Q3 results
Wed, Feb 04 2026
Massive win for Mahindra: 35,000 LCVs headed to Indonesia in biggest-ever export order
Wed, Feb 04 2026
Yes Bank shares jump after RBI’s big nod for new CEO — here’s what investors are cheering
Wed, Feb 04 2026
Is India moving away from the Dollar? Strategic shift in foreign reserves signals a new era
Tue, Feb 03 2026
Yamaha storms into India’s EV Market with Rs. 1.67 Lakh EC-06
Tue, Feb 03 2026
