Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, has launched Finacle as a managed service on Oracle Cloud.
The offering will enable banks globally to run enterprise-class banking applications such as payments and core banking on premise or in an external environment.
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Infosys said Finacle becomes one of the first comprehensive banking platforms to be available as a managed service on Oracle Compute Cloud.
Users of the new service will also have a choice of no-maintenance cloud infrastructure, which can be utilised for infrequent activities including development, testing, as well as training, Infosys added.
Oracle president for product development Thomas Kurian said: "Infosys Finacle and Oracle have been working together for over a decade now. With the Oracle and Infosys Finacle offerings, banks across the globe can take advantage of the latest Finacle stack along with our industry leading enterprise cloud infrastructure."
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