Data and Database Management Software
Oracle and i-flex solutions Announce Certification of i-flex's FLEXCUBE With Oracle® Access Manager
Enables FLEXCUBE to Deliver Single Sign-On Capabilities to Financial Services Institutions Worldwide to Further Safeguard Systems and Sensitive Data
NEW YORK, June 21 / -- . Oracle and i-flex(R) solutions today announced that the latest release of i-flex's FLEXCUBE(R) is now certified with Oracle(R) Access Manager, a key component of Oracle Identity Management and Oracle Fusion Middleware. Financial services institutions deploying FLEXCUBE, the world's number one selling universal banking solution for five consecutive years*, are now able to leverage Oracle's leading identity management capabilities in Oracle Access Manager to protect and secure access to the FLEXCUBE application.
FLEXCUBE's support of the web-based Oracle Access Manager allows organizations to utilize industry leading single sign-on capabilities with their enterprise-wide applications while simplifying administration and enhancing productivity. A component of Oracle's comprehensive identity and access management offerings, Oracle Access Manager enables users to log into any application or system once and gain secure access to a broad range of IT resources. Built on a standards-based architecture, Oracle Access Manager provides organizations with the software to centrally authenticate, authorize and audit access across Oracle and non-Oracle applications.
"Oracle Fusion Middleware components offer enormous benefits to the financial services industry. Oracle Identity Management reduces complexity and enhances customer satisfaction in a multi-application environment," said Joseph John, executive vice president, Banking Products, i-flex solutions.
"FLEXCUBE's certification with Oracle Access Manager builds on Oracle Fusion Middleware's comprehensive support of i-flex's portfolio of solutions," said Hasan Rizvi, vice president, Identity and Security Products, Oracle. "It is now easier for financial services companies to secure critical information and improve their ability to meet compliance requirements."
Oracle Access Manager helps organizations improve security, increase efficiencies and streamline regulatory compliance. Through a standards-based, integrated architecture, the product combines identity management and access control services to provide centralized authentication, policy-based authorizations and auditing with rich delegated identity administration and workflows. Protecting resources at the point of access and delegating authentication and authorization decisions to a central authority, Oracle Access Manager helps secure Web, Java EE and enterprise applications while reducing costs, complexity and administrative burdens.
About Oracle Identity Management
Serving as the security backbone for Oracle Fusion Middleware, Oracle Identity Management helps customers and partners decrease security threats across diverse IT environments while helping address governance, risk and compliance needs. Oracle Identity Management's support of industry standards such as WS*, XACML, SAML and SPML help enable customers and partners to more easily integrate applications with the framework. The family of best-in-class software, which can be used in its entirety or as individual components, includes Oracle Identity Manager, Oracle Access Manager, Oracle Virtual Directory, Oracle Internet Directory, Oracle Enterprise Single Sign-On Suite, Oracle Identity Federation and Oracle Web Services Manager. To learn more, visit http://www.oracle.com/identity.
About i-flex solutions
i-flex(R) solutions (Reuters: IFLX.BO and IFLX.NS), majority owned by Oracle, is a world leader in providing IT solutions to the financial services industry, with more than 750 customers in over 125 countries. Its range of applications software, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk.
Together, Oracle and i-flex solutions offer financial services institutions the world's most comprehensive banking applications and technology footprint, alongside the expertise, to address the most complex IT or business requirements. Financial services institutions will be the main beneficiary of this offering and will now enjoy best-in-class solutions that are better synergized.
About Oracle
Oracle (NASDAQ:ORCL) is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com/.
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Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
* Source - IBS Publishing, Annual Sales League tables.
CONTACT: Caroline Yu of Oracle, +1-650-506-8920, caroline.yu@oracle.com; or Sunil Robert of i-flex solutions, +1-646-619-5339, sunil.robert@iflexsolutions.com
Web site: http://www.oracle.com/
