Tuesday, May 01, 2007
Oracle Forms New Business Unit - Forbes.com
Oracle Forms New Business Unit - Forbes.com: "The new global business unit, headquartered in New York City, will be headed by i-flex solutions Chairman Rajesh Hukku.
'Oracle (nasdaq: ORCL - news - people ) is already No. 1 in ERP and CRM applications for the financial services industry. With our majority investment in i-flex, we now have the world's top ranked solution for banking,' said Charles Phillips, president of Oracle.
The new unit will centralize and coordinate Oracle's current and future financial services application assets. It will bring together applications from i-flex, including FLEXCUBE, Reveleus, Mantas, DayBreak, Insure3, with Oracle's product suite."
'Oracle (nasdaq: ORCL - news - people ) is already No. 1 in ERP and CRM applications for the financial services industry. With our majority investment in i-flex, we now have the world's top ranked solution for banking,' said Charles Phillips, president of Oracle.
The new unit will centralize and coordinate Oracle's current and future financial services application assets. It will bring together applications from i-flex, including FLEXCUBE, Reveleus, Mantas, DayBreak, Insure3, with Oracle's product suite."
