In our engaging discussion with Prasad Khambalikar, Regional Director for Europe, Banking and Financial Services at Oracle, he provided valuable insights into Oracle’s role in enhancing the financial ecosystem, especially for fintechs and financial institutions. Prasad emphasized Oracle’s innovative approach through its Financial Services Division, which combines agility with a deep understanding of global banking needs. He highlighted Oracle’s unique offering: a modular, microservices architecture that supports a tailored, scalable approach to banking solutions, enabling institutions to select specific functionalities like payment modules.
Prasad also touched on the importance of hyper-personalization in banking, facilitated by Oracle’s cutting-edge technology, including AI and ML, to tailor banking experiences to individual customer needs. He shared his vision for the future of banking, which focuses on seamless, intuitive services that meet the changing expectations of a new generation of customers.
This interview offers a glimpse into Oracle’s strategic direction in the financial services industry, emphasizing innovation, customization, and the future of banking as envisioned by one of its leading voices.