Oracle Cloud in FinTech Industry

Authors: Rajalakshmi Thiruthuraipondi Natarajan

DOI: https://doi.org/10.5281/zenodo.14607839

Short DOI: https://doi.org/g8xxr5

Country: USA

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Abstract: In recent years, FinTech is one of the fastest growing industries in the market, with more and more startups coming-up each year. Using technology, these companies build tools and deliver financial services to its customers by connecting to the conventional banks on one side and special features on the other. The success of these organizations largely depends on its ability to quickly bring new services to the market by seamlessly connecting to the financial institutions without compromising on the security or compliance. Similarly, the banks need to leverage the services provided by these FinTech companies to provide better services to their customers. In this regard, Oracle Cloud is a one stop shop for , these FinTech companies and financial institutions to easily build and expose APIs that can be easily used by to provide services to the end customers. Not only does Oracle Cloud provide an APIU layer for easily building the end product, but also the infrastructure (IaaS), development tools (PaaS) and an ERP (SaaS) to both build the product and maintain the operations, not to mention the flexibility, better pricing along with GenAI capabilities that come with it.

Keywords: Oracle Cloud, FinTech, Financial Institutions APIs, Cloud API layer, PaaS, IaaS, Financial Services. Financial Tools

Paper Id: 231981

Published On: 2023-09-02

Published In: Volume 11, Issue 5, September-October 2023

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