People’s Bank recently completed its conversion from a Connecticut-chartered savings bank to a federally chartered savings bank, and is one of Connecticut’s largest banks, with assets of $11 billion.
The lender selected I-Flex and Oracle’s offering to replace its legacy technology, citing Flexcube’s good track record and expansive functionality as key reasons for choosing the product.
This is a strategic win for I-flex and Oracle, demonstrating our joint vision of transforming the banking industry through a new generation of solutions that offer new flexibility and, ultimately, lower total cost of ownership to our customers, commented David Sardilli, senior vice president of the global industries business unit at Oracle.
