Solix signs pact with Oracle Financial

Solix Technologies Inc, a US-based provider of enterprise data management solutions with its global development centre in Hyderabad, has signed a global partner agreement with Oracle Financial Services Software Limited.

Under the agreement, Oracle Financial will offer Solix EDMS (enterprise data management solution) as embedded functionality in Oracle FlexCube to help automate archive and purge processes by classifying data, configuring and executing archiving and data migration routines.

“This will help ensure that data remains secure giving Oracle FlexCube customers greater control over enterprise data. Moreover, Oracle FlexCube would be enabled to ensure that data can be restored quickly and accurately as and when required. 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,” Solix said in a press release on Wednesday.