IBM, Oracle and India’s i-flex are to collaborate in providing banking customers with infrastructure, services and support for enterprise applications, core banking systems and risk management.
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The collaboration covers areas including customer relationship management, core transaction processing, risk, analytics and corporate operations.
As part of the initiative, the partners have already announced the launch of i-flex's Flexcube retail banking processing solution running on the IBM System z mainframe platform.
I-flex already has 650 banking clients across 120 countries.