RFL rubik financial limited
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reason for banking software being regional?

  1. persistentone
    1,491 Posts.
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    10/12/12
    22:39
    Post #: 11171048
    Can someone explain why banking software would need to be regional? How do they avoid competing against Oracle and SAP?

    I completely understand how the COIN acquisition helps them, since wealth management is burdened by regulation and most providers want out of box solutions. I am less clear on whether the main financials used by a bank wouldn't better be addressed by a large financial software package like Oracle, customized by the bank to its market.
    RFL Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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