Oracle plans to make its Indian subsidiary a hub for its strategy for the financial services market. ������ ���� ���� ������ ������� ����� ����������� ���� ������� �������. I-flex solutions, the Indian banking software subsidiary of Oracle, said that it will change its name to Oracle Financial Services Ltd . ����� - ������ ������ � ������ �������� ������� ��������� ������ � ���� ���� �� ���� ����� ��� ���� ������ ������� ������� ��������.

The new branding reflects the importance that Oracle attaches to the financial services sector according to a notice to the Bombay Stock Exchange which quoted Charles Phillips, Oracle’s president, and a director of i-flex. �������� �������� ������� ���� ������� ���� ������ ����� ������ �� ���� ������� ������� ���� ������ ��� ����� ������ ���� ���� ������ ������ � ���� ���� ������ � ������� ����� ��- �����. Oracle Financial Services will be a focal point for Oracle's investment in innovation and leadership in financial services. ������ ������� ������� ���� ���� ������ ���� ��� �������� ��������� �� �������� �������� �� ���� ������� �������.

I-flex also announced Friday its plans to acquire the entire stake in Flexcel International, a joint venture it had set up with HDFC Bank in Mumbai to offer its banking software in an application service provider (ASP) model to small banks. � - ������ ��� ����� ������ �� ����� ������ ��� ����� ����� �� flexcel ������ � ��� ����� ����� ����� ����� �� ����� hdfc �� ������ ������ ������� �������� �� ��� ����� (���) ��� ����� ������ �������.
Source: The Standard ������ : �������

This doesn't bode well for Infosys' sole product - ���� �� ���� ������ ������� �Infosys '������ ������ -- Finacle , a banking software. � � ��������� ��������.