Oracle Financial Services Software Ltd.

Oracle Financial Services Software is estimating a charge of Rs 60 crore on its receivables from customers in Egypt during the current quarter. The company will receive it due to significant devaluation of Egyptian Pound post the recent liberalization of the exchange rates by the Egypt Government.

Oracle Financial Services Software provides information technology (IT) solutions and knowledge processing services to the financial services industry worldwide. The company provides technology products and custom applications, as well as offers consulting, IT infrastructure, and KPO services.