i-flex Still Optimistic About Oracle Effect

By agencies   |   Friday, 01 December 2006, 18:30 IST
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New Delhi: Oracle's acquisition of 55 percent stake in i-flex Solutions Ltd is yet to show any major positive impact on its business growth graph. But the upper echelon of i-flex says that although the effect is till not being felt in its core banking operations but in the case of its risk management portfolio, Reveleus, the effects are visible as there Oracle has helped the company to clinch Wachovia Bank as a customer.