HYPERLINK "http://www.solix.com" o "Solix" t "_blank" Solix Technologies, a provider of enterprise data management solutions to manage business critical data, has announced a partner agreement with Oracle Financial Services Software Limited, a majority-owned subsidiary of Oracle Corporation.

Based on the agreement, Oracle Financial Services Software will offer Solix EDMS as embedded functionality in Oracle FLEXCUBE to help automate archive and purge processes by classifying data and configuring and executing archiving and data migration routines. This will help ensure data remains secure, giving customers of Oracle FLEXCUBE greater control over enterprise data. FLEXCUBE would be enabled to ensure data can be restored quickly and accurately as required.

"This strategic relationship with Oracle represents a significant breakthrough for Solix and our channel strategy," says Shekhar Dasgupta, president and COO of Solix. "Oracle is a trusted partner in the global financial services industry. Through this partnership, we will provide the IT industry's best data management solutions to the world's biggest and most influential financial services companies."