OneVue, an Australia-based investment and administration platform provider, has signed a memorandum of understanding (MoU) with Oracle to provide an end-to-end fund services offering to global investment managers and custodians.
The new offering will allow clients to focus on their core objectives of product innovation and customer centricity.
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Through this new solution, investment managers, fund administrators and custodians can cut their costs, simplify their operations and manage risk and compliance effectively.
OneVue said that the partnership will support the goal of taking OneVue global with Oracle’s FLEXCUBE product leadership and investments.
Connie Mckeage, CEO of OneVue Group, said: "Working with Oracle can significantly enhance OneVue’s capabilities as a fund services provider at a time where cross-border opportunities are growing."
Venky Srinivasan, vice president and head of sales for Japan and Asia Pacific at Oracle, added: "OneVue’s industry expertise and servicing capabilities combined with Oracle FLEXCUBE’s product capability and global acceptance can help our mutual customers across the region drive growth across borders."
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