Oracle Financial Services Software, a majority owned subsidiary of Oracle has announced Caribbean Development Bank, one of the largest and most prominent development finance institutions in the Caribbean, has selected the company's Flexcube to meet its requirements for a state lending platform.
The selection by the bank is the third by a development financial institution in the Caribbean/ Latin American region and the latest by a number of development financial institutions globally.
The company made this announcement during the trading hours today, 14 November 2008.
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