The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Solix Technologies Partners with Oracle to Embed EDMS in Flexcube

EDM vendor Solix Technologies has entered into a global partner agreement with Oracle Financial Services Software, under which Oracle will offer Solix EDMS as embedded functionality in Oracle Flexcube. The combined solution is aimed at automating archive and purge processes by classifying data, configuring and executing archiving and data migration routines, explains Shekhar Dasgupta, president and chief operating officer of Solix.

The partnership with the majority owned subsidiary of Oracle Corporation is part of the vendor’s channel strategy, says Dasgupta. He explains that Solix selected Oracle because of its brand and hopes its reputation will allow it access to the larger financial institutions in the market.

Joseph John, executive vice president of banking products at Oracle Financial Services Software, explains that the attraction for Oracle was the ability to offer archiving functionality to its Flexcube customers. This will help ensure that data remains secure giving Oracle Flexcube customers greater control over enterprise data, he says. This coupled with the ability to retain real-time historical data is expected to deliver added value to Oracle Flexcube customers, helping them comply with legal and regulatory requirements.

Other benefits that the vendors claim will result from the integration include improved system performance and response times by keeping the Flexcube database as slim as possible by reducing the amount of data in the application database.

These sorts of partnerships are springing up across the vendor community as smaller niche vendors attempt to broaden their client reach and larger vendors extend their functionality.

Related content

WEBINAR

Recorded Webinar: Maximising success when migrating big data and analytics to cloud

Migrating big data and analytics workflows to the cloud promises significant cost savings through efficient use of infrastructure resources and software that scales dynamically based on data volume, query load, or both. These are valuable gains for investment banks, but they can only be fully realised by taking a new approach to architecture and software...

BLOG

Alveo Integrates ULTUMUS Index and ETF Managed Data Service with Prime

Alveo and ULTUMUS, an exchange-traded fund (ETF) specialist, have partnered to bring together Alveo’s data mastering solution, Prime, and ULTUMUS’s global ETF and index managed data service. The partnership aims to enable Alveo customers to integrate index and ETF information more quickly, and allow ULTUMUS’s clients to enhance their data mastering and data integration capabilities....

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...