As part of the ongoing alliance, FNS will integrate its flagship BANCSÂ®, core banking solution with the Oracle e-Business Suite of applications - Oracle General Ledger, Oracle Financial Services Applications (OFSA). FNS will also extend BANCSâ existing CRM functionality to integrate it with Oracleâs enterprise CRM application, running Oracle9i/Real Application Clusters (RAC).
Earlier this year, Oracle accorded FNS with the Oracle Certified Advantage Partner status in recognition of its commitment to technology adoption, integration and business growth.
Trevor Builder, Vice President, Corporate Marketing, FNS, said: "Financial organisations today are looking for software that is highly scalable and rich in functionality. The successful deployment of BANCS into some of the worldâs leading financial services organisations is a direct result of our ability to offer our customers just this.
"Today, by formally extending our long term partnership with Oracle, we are able to provide financial organisations with a more comprehensive and integrated solution, which will be faster to deploy, enabling them to realise value for their investments in the shortest possible time."
Mark Gibbs, Vice President for Financial Services Industry, Oracle Asia Pacific, said to achieve faster time-to-market and lower TCO, customers expected the complexity of integrating multiple components of a solution to be borne by experts. "Together, Oracle and FNS provide a strong and unique value proposition which offers a competitive advantage to our global customers through faster ROI, higher standards of support and superior customer focus."