Infosys Limited
Bengaluru, Karnataka 560100 India
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Solution Name
Solution Summary
Infosys Transaction Reconciliation System V4.5 (ITRS) is an innovative cross-vertical product built from concept to launch on Java/JEE platform. It is used for transactions and account reconciliation, automated end-to-end as straight-through processing. It is among the fastest reconciliation products in the world, mentioned in Gartner report and adopted by Fortune 500 clients. It can be used for almost any kind of reconciliation scenarios ranging from reconciling financial data like cash flows, Nostro / Vostro, stock/depot etc. to complex non-financial reconciliation scenarios like data integrity validations in M&A scenarios, reconciling online payments to credit card payments for retail outlets, account reconciliation for banks, inter-system reconciliations and more.
Solution Profile
Infosys Transaction Reconciliation System V4.5 (ITRS) product has evolved through multiple engineering releases to effectively address key pain-points of the market. In collaboration with Oracle, ITRS has been further enhanced, ported and benchmarked on Oracle Exadata/Exalogic servers, with/without Oracle Coherence and Oracle TimesTen. This has produced significant benchmark-results of throughput that is 12x faster than the previous benchmark. The scalability of ITRS has been validated for 1 billion reconciliations.
Distinguishing Features
ITRS V4.5 supports Oracle Database11g R2, Oracle Linux 5.5, Oracle Weblogic Server 12c, Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud.
Solution Name
Solution Availability
Global
Industries
- Financial Services
Company Size Solution is Targeting
No data available.
Open Source Solutions
No data available.
About Infosys Limited
2024 Global Service Partner Apps Award in Innovation
2024 APAC Solution Innovation Award: Optimizing Customer Experience
2024 APAC Customer Success Award: Innovative Cloud Deployment
2024 Continental Europe Service Partner Apps Award in Innovation
2024 Continental Europe Service Partner Apps Award in Customer Success
2023 Customer Success Global Services Partner of the Year Winner
NAS 2023 Customer Success for Cloud/Tech Partner Award Winner
APAC 2023 Optimizing Customer Experience Partner Award Winner
Infosys (NSE, BSE, NYSE: INFY) is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit us at www.infosys.com
Infosys-Oracle Alliance – Delivering value to our clients through joint initiatives
Organizational resilience is the key to staying ahead of today’s ever-increasing business volatility. Savvy enterprises know they need to lock in resilience by accelerating their cloud transformation. Infosys and Oracle are enabling enterprises to become cloud-connected with business, infrastructure and experiential transformation that help improve resilience and drive business growth.
Oracle’s cloud solutions fortified with Infosys’ business and technology expertise help redesign enterprises to be responsive by amplifying innovation, accelerating speed to market, and securing the enterprise. Together, Infosys and Oracle leverage Infosys Cobalt to maximize the potential of Oracle cloud applications and infrastructure to drive increased business value and customer experience.
We transform business
Leverage real-time data and generate actionable insights to implement data-driven decision making. Gain faster time to market and smooth change management to build responsive value chains across the ecosystem.
Oracle is the only end-to-end cloud provider in the market that integrates all enterprise functions and capabilities into a single subscription model. Infosys brings innovative, out-of-the-box solutions that are preconfigured for industry-specific needs—along with a unique outcome-based pricing model. Thus, collectively, we help transform business so you can gain faster time to market and smoother change management.
We transform infrastructure
Bring a new vision of your business to life. Improve performance, speed and scalability using unique, fit-for-purpose solutions from two trusted industry leaders.
Our cloud-first approach helps to transform infrastructure with robust security and compliance.
Whether you’re looking for new business models for a greater return on your investments or for more flexibility in how you procure cloud services—or both—Infosys and Oracle give you everything you need to execute a successful cloud-connected transformation, all in one place.
We transform experience
Leverage the full potential of the Oracle cloud ecosystem—including platforms, accelerators, and intelligent tools—with anytime, anywhere access. Drive greater value across your business and transform your customer experience.
Enterprises can achieve agility through innovation and intuitive decision-making that accelerates outcomes—outcomes that must include sustainability as addressing climate change becomes a priority. The Infosys-Oracle alliance provides end-to-end support for enterprise experience transformation, with a special focus on change management, which is a challenge for many enterprises.
When you partner with us, you leverage 25 years of our award-winning partnership which empowers us to help you navigate strategic engagements through joint solutions, multi-cloud adoption, and deep domain knowledge across industries. Infosys and Oracle have been consistently recognized year after year as leaders by top analyst and advisory firms.
Contact us now to reimagine your business realities and transform to a cloud-connected enterprise with Infosys and Oracle.
Infosys Oracle Analyst Recognition
Infosys Oracle Success Stories
Learn more about the Infosys Oracle Alliance