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Oracle Financial Services Software Ltd.

BSE: 532466 Sector: IT
NSE: OFSS ISIN Code: INE881D01027
BSE 00:00 | 15 Feb 3628.15 -4.65
(-0.13%)
OPEN

3639.30

HIGH

3650.00

LOW

3556.90

NSE 00:00 | 15 Feb 3633.00 5.85
(0.16%)
OPEN

3630.00

HIGH

3660.00

LOW

3560.00

OPEN 3639.30
PREVIOUS CLOSE 3632.80
VOLUME 8020
52-Week high 4655.00
52-Week low 3329.55
P/E 26.75
Mkt Cap.(Rs cr) 31,115
Buy Price 3628.15
Buy Qty 20.00
Sell Price 3628.15
Sell Qty 5.00
OPEN 3639.30
CLOSE 3632.80
VOLUME 8020
52-Week high 4655.00
52-Week low 3329.55
P/E 26.75
Mkt Cap.(Rs cr) 31,115
Buy Price 3628.15
Buy Qty 20.00
Sell Price 3628.15
Sell Qty 5.00

Oracle Financial Services Software Ltd. (OFSS) - Chairman Speech

Company chairman speech

Letter to Shareholders

On behalf of the Board of Directors I am pleased to report the results of your Companyfor the financial year ended March 31 2018. On a consolidated basis the Company’srevenue stood at Rs. 45.3 billion and the net income was Rs. 12.4 billion. We continued todeliver strong operating results with the income from operations of Rs. 17.5 billion andour operating margin stood at 39%.

Your Company’s products and solutions are well positioned to help global financialinstitutions deliver value to their customers.

Amongst the notable wins in the year Banco Votorantim S/A one of the largest banks inBrazil which includes operations in wholesale banking asset management and consumerfinance chose to implement Oracle FLEXCUBE Universal Banking. A leading

American regional bank and a long-standing Oracle customer added Oracle BankingCollections to its technology landscape.

A specialty mortgage lender based in the United States of America has chosen to utilizeOracle Financial Services Lending and Leasing. Ping An Pu Hui Enterprise ManagementLimited the personal finance and micro-enterprise finance service arm of the Chinese PingAn group has signed a new deal to utilize Oracle Financial Services AnalyticsApplications. Our winning streak continued with our products and services garneringaccolades and industry recognition. Oracle Financial Services Analytical Applications(OFSAA) has been named a leader on this year’s Chartis: RiskTech100 list. Adding tothis success your Company won four category awards including: Risk Data Aggregation &Reporting (3rd year in a row) Balance Sheet Risk Management Banking (Industry Category)and Core Technology (Chartis Category). This marks the second consecutive year that OracleFinancial Services has ranked at the top of the Chartis RiskTech100. Your Company was alsoranked first in FinTech Quadrant for IFRS 9 solutions. Leading industry research andadvisory firm Ovum has reported that Oracle Banking Digital Experience is well positionedto become one of the leading platforms in the market in its report - Ovum DecisionMatrix: Digital Banking Platform Profile. Innovation is the key to our success and weadded new functionalities and features to existing products and introduced new productsinto our portfolio. The latest release of Oracle FLEXCUBE includes over 1200 newenhancements designed for a connected banking experience as well as blockchain andmachine learning adapters. Our new solutions for corporate banking - Oracle BankingLiquidity Management and Oracle Banking Corporate Lending are gaining fast acceptance as aleading solution in this field. We also announced the worldwide release of Oracle BankingPayments a stand-alone best-in-class payments solution to help financial institutionsconfront challenges of a rapidly changing payments landscape. New releases of OracleFinancial Services Analytical Applications expanded our solution footprint in the risk andcompliance space. With increased emphasis on regulatory compliance worldwide we areuniquely placed to help banks address these mandates.

The financial industry over the last few years is undergoing a major transformation.This evolution is expected to continue as advances in digital technologies herald the nextphase of disruption. Furthermore Artificial Intelligence Blockchain Open BankingPlatform Systems Cloud offerings a new API economy and Faster Payments are all set todominate the conversation in the financial services technology landscape. Your Company hasmade significant investments in these areas and is well prepared to help customers takeadvantage of emerging opportunities and tackle uncertainties of the future. We lookforward to another exciting year at Oracle Financial Services Software. On behalf of theBoard of Directors and Management of Oracle Financial Services Software I would like tothank you for your support and look forward to your good wishes to help the Company toachieve its mission of being the most preferred technology partner of banks across theworld.

Regards

S Venkatachalam

Chairperson

Oracle Financial Services Software Limited